Freestanding Pad with
531 W Dale Ave Henderson, NV
For Sale
Contact for pricing
Freestanding pad with drive-thru entitlements available for rent.
Property Size5,500 SF
Lot Size3.42 Acres
Price / SF$354.55
Days on Market243
Property Features for 531 W Dale Ave
General Information
Standard status
Active
Size
5,500 SF
Lot size
3.42 Acres
Property subtype
RETAIL
Listing Agency:
New Market Commercial Real Estate Advisors
(702) 221-2500
Listed By:
Bill Hicks
Source:
Moodyscre
Added: Nov 28, 2025
Changed: Jul 6
Last Checked: Jul 21 at 4:22AM
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 New Market Commercial Real Estate Advisors
Investment Insights
Based on property information with market context.
This property features a freestanding pad with drive-thru entitlements, offering approximately 3,025 square feet. A pad building without drive-thru is also available, offering up to approximately 5,500 square feet as a build-to-suit option. The property is located in the West Henderson submarket, approximately 0.25 miles from the I-15/St. Rose Parkway Exchange. It is situated adjacent to The M Resort and Casino at a signalized intersection. Electric car charging stations are available on site. The property is suitable for drive-through restaurants, restaurants, and retail properties.
Key Highlights
- Freestanding pad with drive‑thru entitlements
- Located approximately .25 miles from the I‑15/St. Rose Pkwy Exchange
- BTS (Build‑to‑Suit) Available
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 | $188.1k | $34.20 |
| − Vacancy | −$8.3k | −$1.50 |
| EGI | $179.8k | $32.70 |
| − OpEx | −$45.0k | −$8.17 |
| NOI | $134.9k | $24.52 |
5,500 SF · lease $34.20/SF/yr · vacancy 4.40% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.93M
$1.69M – $2.25M
NOI $134,868 @ 7.0% cap · market cap 6.92%
Second Best
Retail
$1.77M
$1.55M – $2.07M
NOI $124,165 @ 7.0% cap · market cap 6.37%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Freestanding pad with drive-thru entitlements available for rent.
Where is this drive through restaurant located?
The property is located at 531 W Dale Ave Henderson, NV.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Freestanding pad with drive‑thru entitlements; Located approximately .25 miles from the I‑15/St. Rose Pkwy Exchange; BTS (Build‑to‑Suit) Available
