NNN Ground-Lease Retail
For Sale
Contact for pricing
274 W Lake Mead Pkwy, Henderson, NV 89015
For-sale NNN retail property structured as a ground lease with 10% rent increases every five years.
Property Size2,824 SF
Price / SF$942.63
Days on Market146
Property Features for 274 W Lake Mead Pkwy
General Information
Standard status
Active
Size
2,824 SF
Property subtype
RETAIL
Listing Agency:
InvestCore Commercial, Inc.
(619) 546-0121
Listed By:
Ed Colson, Jr. CCIM
Source:
Moodyscre
Added: Apr 21
Changed: Sep 8
Last Checked: Sep 12 at 8:26AM
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 InvestCore Commercial, Inc.
Investment Insights
Based on property information with market context.
This for-sale NNN retail property is offered on a ground-lease structure designed for a passive ownership experience, with zero landlord responsibilities noted in the remarks. The arrangement includes a tenant with significant investment into the building and improvements, and the remarks indicate that ownership benefits from lease expiration where building and improvements revert to the landlord.
The tenant has been successfully operating at this location for over 15 years, and the rent terms are described as including 10% increases every five years across the primary and option terms. The offering is presented as a long-term-oriented setup, with the additional note that buyers should conduct their own due diligence.
The property size is listed as 2,824 square feet.
The tenant has been successfully operating at this location for over 15 years, and the rent terms are described as including 10% increases every five years across the primary and option terms. The offering is presented as a long-term-oriented setup, with the additional note that buyers should conduct their own due diligence.
The property size is listed as 2,824 square feet.
Key Highlights
- For‑sale NNN retail property structured as a ground lease
- 10% rent increases every five years during the primary and option terms
- Completely passive NNN investment with zero landlord responsibilities reported
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,241
Businesses Nearby
295k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 29%
Shops & Services 23%
Dining 19%
Apparel 15%
Target
Superstores
86,658 visits/mo
0.2 miles
Marshalls
Apparel
35,784 visits/mo
0.2 miles
Chick-fil-A
Dining
29,962 visits/mo
0.1 miles
PetSmart
Shops & Services
18,503 visits/mo
0.2 miles
Sprouts Farmers Market
Groceries
14,868 visits/mo
0.2 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
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
NNN property - For-sale NNN retail property structured as a ground lease with 10% rent increases every five years.
Where is this nnn property located?
The property is located at 274 W Lake Mead Pkwy Henderson, NV.
What is the asking price?
The asking price for this property is $2,662,000.
What are key features of this property?
This property features: For‑sale NNN retail property structured as a ground lease; 10% rent increases every five years during the primary and option terms; Completely passive NNN investment with zero landlord responsibilities reported
