Freestanding Drug Store with
385 E Silverado Ranch Blvd Las Vegas, NV 89183
385 E Silverado Ranch Blvd, Las Vegas, NV, 89183
$5,316,998
For Sale
$5,316,998
Freestanding Walgreens NNN property with drive-thru pharmacy and prominent building and pylon signage on a large parcel.
Property Size14,448 SF
Lot Size1.95 Acres
Price / SF$368.01
Days on Market69
Property Features for 385 E Silverado Ranch Blvd
General Information
- Standard status
- Active
- Size
- 14,448 SF
- Lot size
- 1.95 Acres
- Property subtype
- Retail
Listing agency
Las Vegas
(702) 727-3778
Listed by
Adam Malan · License #63542
(702) 727-3778
Source
Colliers
Added: May 14 Updated: Jul 21 at 4:53AM Checked: Jul 21 at 4:53AM
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 Las Vegas
Investment Insights
Based on property information with market context.
This absolute NNN Walgreens consists of a freestanding building with a drive-thru pharmacy, situated on a large parcel. The site is supported by prominent building and pylon signage.
The property is located at a signalized intersection on E Silverado Ranch Blvd and Bermuda Rd, about one mile east of the I-15 Freeway. The surrounding area includes major hospitality and timeshare development, and the offering cites more than 30,000 homes in the Silverado Ranch trade area.
Nearby co-tenants listed in the remarks include Smith’s, Sprouts, Target, Planet Fitness, Goodwill, Bank of America, Dunkin’, PT’s Gold, and Walmart Neighborhood Market.
The property is located at a signalized intersection on E Silverado Ranch Blvd and Bermuda Rd, about one mile east of the I-15 Freeway. The surrounding area includes major hospitality and timeshare development, and the offering cites more than 30,000 homes in the Silverado Ranch trade area.
Nearby co-tenants listed in the remarks include Smith’s, Sprouts, Target, Planet Fitness, Goodwill, Bank of America, Dunkin’, PT’s Gold, and Walmart Neighborhood Market.
Key Highlights
- Absolute NNN freestanding Walgreens with drive‑thru pharmacy
- 14,448 SF building on a large 1.95‑acre parcel with prominent building and pylon signage
- Located at the signalized intersection of E Silverado Ranch Blvd. and Bermuda Rd., 1 mile east of I‑15
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $494.1k | $34.20 |
| − Vacancy | −$28.2k | −$1.95 |
| EGI | $466.0k | $32.25 |
| − OpEx | −$116.5k | −$8.06 |
| NOI | $349.5k | $24.19 |
14,448 SF · lease $34.20/SF/yr · vacancy 5.70% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$4.99M
$4.37M – $5.82M
NOI $349,468 @ 7.0% cap · market cap 6.57%
Second Best
Retail
$4.66M
$4.08M – $5.44M
NOI $326,170 @ 7.0% cap · market cap 6.13%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Walgreens Photo
(Bike/Boat/Book/etc) Store
Emily Wattenschaidt, PHARM
Pharmacy
Poorva M. Parikh, ...
Pharmacy
Amy Lavanty, RPh
Pharmacy
Hiep N. Tran, ...
Pharmacy
Similar For Sale Nearby
Similar Off Market Nearby
- Emily Wattenschaidt, PHARM — 385 E Silverado Ranch Blvd, Las Vegas, NV 89183
- Poorva M. Parikh, BPharm — 385 E Silverado Ranch Blvd, Las Vegas, NV 89183
- Amy Lavanty, RPh — 385 E Silverado Ranch Blvd, Las Vegas, NV 89183
- Hiep N. Tran, PharmD — 385 E Silverado Ranch Blvd, Las Vegas, NV 89183
- Bee Care Inc — 9708 Gilespie St UNIT 104, Las Vegas, NV 89183
FAQs
What type of property is this?
Drug store - Freestanding Walgreens NNN property with drive-thru pharmacy and prominent building and pylon signage on a large parcel.
Where is this drug store located?
The property is located at 385 E Silverado Ranch Blvd Las Vegas, NV.
What is the asking price?
The asking price for this property is $5,316,998.
What are key features of this property?
This property features: Absolute NNN freestanding Walgreens with drive‑thru pharmacy; 14,448 SF building on a large 1.95‑acre parcel with prominent building and pylon signage; Located at the signalized intersection of E Silverado Ranch Blvd. and Bermuda Rd., 1 mile east of I‑15
