Olive Garden NNN
For Sale
Contact for pricing
Pending
316 W Lake Mead Parkway, Henderson, NV 89015
New absolute NNN ground lease positioned within a Target-anchored power center.
Property SizeContact for details
Days on Market140
Property Features for 316 W Lake Mead Parkway
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
ParaSell Inc
(949) 942-6585
Listed By:
Scott Reid · License #FL - CQ1059597
Source:
Crexi
Added: Apr 13
Changed: Aug 30
Last Checked: Aug 30 at 1:05AM
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 ParaSell Inc
Investment Insights
Based on property information with market context.
This Olive Garden property at 316 W. Lake Mead Parkway in Henderson, Nevada is structured under a new 10-year absolute NNN ground lease. The offering combines a single-tenant restaurant use with a ground-lease structure that places operating, maintenance, and property-related obligations with the tenant under the lease terms.
The property occupies an outparcel within a power center anchored by Target. Tenant credit is identified by NYSE: DRI and an S&P BBB rating, providing a defined credit profile for review. The lease term, absolute NNN structure, tenant identity, and power-center setting are the primary characteristics of this offering.
The property occupies an outparcel within a power center anchored by Target. Tenant credit is identified by NYSE: DRI and an S&P BBB rating, providing a defined credit profile for review. The lease term, absolute NNN structure, tenant identity, and power-center setting are the primary characteristics of this offering.
Key Highlights
- New 10‑year absolute NNN ground lease
- Olive Garden restaurant property
- Outparcel within a Target‑anchored power center
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
971
Businesses Nearby
305k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 28%
Dining 22%
Shops & Services 21%
Apparel 14%
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
0.3 miles
PetSmart
Shops & Services
18,503 visits/mo
0.2 miles
Sprouts Farmers Market
Groceries
14,868 visits/mo
0.3 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - New absolute NNN ground lease positioned within a Target-anchored power center.
Where is this nnn property located?
The property is located at 316 W Lake Mead Parkway Henderson, NV.
What are key features of this property?
This property features: New 10‑year absolute NNN ground lease; Olive Garden restaurant property; Outparcel within a Target‑anchored power center
