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9-Property Absolute NNN Portfolio
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1402 E Lake Mead Pkwy, Henderson, NV 89015

Diversified pharmacy portfolio with drive-thru access and long-term lease commitments across multiple states.

Property Size122,245 SF
Days on Market143

Property Features for 1402 E Lake Mead Pkwy

General Information

Standard status Active
Size 122,245 SF
Property subtype Retail

Additional Details

Drive-Thru Yes

Amenities

Minute Clinic

Building Details

Buildings 9
Tenancy Single
Listing Agency: Marcus & Millichap - Issenberg Britti Group
Listed By: Gabriel Britti · License #FL SL3211804
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 5:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Issenberg Britti Group

Investment Insights

Based on property information with market context.

This portfolio comprises 9 CVS pharmacy properties totaling approximately 122,245 square feet of gross leasable area. Each location operates under an absolute NNN lease structure, with over 8 years of weighted average lease term remaining and no landlord responsibilities identified. All properties include drive-thru service, while two locations also contain Minute Clinics.

The assets are distributed across six states: Nevada, New York, New Hampshire, Connecticut, North Carolina, and Florida. CVS Health Corporation is the tenant, providing a nationally recognized healthcare and pharmacy platform across the portfolio. The multi-state composition and lease structure create a consolidated offering with operational responsibilities assigned to the tenant.

Key Highlights

  • 9 absolute NNN CVS properties across six states
  • Approximately 122,245 square feet of gross leasable area
  • Over 8 years of weighted average lease term remaining

Property Analytics

Current Use

CVS Photo (Bike/Boat/Book/etc) Store CVS Pharmacy Pharmacy CVS Pharmacy Coinhub Bitcoin ATM ... Atm UPS Access Point ... Courier Service

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Law Firm Restaurant Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

165
Businesses Nearby
12k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 97% Dining 3%
Chevron Shops & Services
10,042 visits/mo 0.1 miles
Terrible's Car Wash Shops & Services
1,109 visits/mo 0.1 miles
SONIC Drive In Dining
381 visits/mo 0.1 miles

Demographics for 89015, NV

41,203
Population
16,812
Households
2.5
Avg Household Size
41
Median Age
20%
College-Educated
89%
High-School Grad
37.3 sq mi
ZIP Area
1,105
Density / Sq Mi
$71,300
Median Household Income
$41,509
Median Earnings
$1,324
Median Rent
$373,700
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Diversified pharmacy portfolio with drive-thru access and long-term lease commitments across multiple states.
Where is this nnn property located?
The property is located at 1402 E Lake Mead Pkwy Henderson, NV.
What are key features of this property?
This property features: 9 absolute NNN CVS properties across six states; Approximately 122,245 square feet of gross leasable area; Over 8 years of weighted average lease term remaining
(786) 522-7017 Call to check price and availability
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