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    390 Hillside Dr Mesquite, NV 89027

    Sponsored
    For Sale
    $3,565,000

    High-traffic Starbucks & development land.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional investment opportunity in Mesquite, Nevada, presents a 2,250 square foot freestanding Starbucks drive-thru with a 0.99-acre development pad. Strategically located in front of a high-traffic Smith's Grocery Store (Kroger), boasting over 750,000 annual visits according to Placer AI data, this property benefits from exceptional visibility and customer flow. The Starbucks itself receives over 111,000 annual visits, further highlighting the site's strong performance. Situated at the intersection of Sandhill Boulevard and Hillside Drive, a major thoroughfare in Mesquite, the property enjoys high traffic counts. The surrounding area is vibrant, featuring numerous casino resorts and popular drive-thru and restaurant establishments, including Dutch Bros, Taco Bell, Jack in the Box, McDonald's, and Café Rio. This presents a value-add opportunity for the remaining improved pad, perfect for a ground lease or build-to-suit development. The existing Starbucks lease has a remaining term of approximately 4.3 years, expiring February 28, 2029. This property offers a compelling entry point into Nevada's thriving commercial real estate market, providing immediate income and significant long-term potential. The asking price for this combined property is $3,565,000. The property's address is 390 Hillside Dr, Mesquite, NV 89027, located in Clark County.

    Property Features for 390 Hillside Dr

    General Information

    Property type
    Land

    HighLights

    • 2,250 SF freestanding Starbucks with drive‑thru on a 0.99‑acre pad.
    • High‑traffic location in Mesquite, NV, adjacent to a high‑volume Smith's Grocery Store (Kroger), generating significant customer traffic.
    • Strong performance indicated by over 111,000 annual Starbucks visits.
    • Located at a major intersection (Sandhill Blvd & Hillside Dr) with high traffic counts.
    • Surrounded by other popular restaurants and businesses, including Dutch Bros, Taco Bell, Jack in the Box, McDonald's, and Café Rio.
    • Value‑add opportunity with a 4.3‑year remaining Starbucks lease (expiring 2/28/2029) and a developable pad.
    Property Profile Location Intelligence

    Current Use by Public Records

    Starbucks Coffee Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mesquite
    County
    Clark
    State
    Nevada
    Longitude
    -114.062758
    Latitude
    36.809695

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    FAQs

    What type of property is this?
    Land - High-traffic Starbucks & development land.
    Where is this land located?
    The property is located at 390 Hillside Dr Mesquite, NV.
    What is the asking price?
    The asking price for this property is $3,565,000.
    What are key features of this property?
    This property features: 2,250 SF freestanding Starbucks with drive-thru on a 0.99-acre pad.; High-traffic location in Mesquite, NV, adjacent to a high-volume Smith's Grocery Store (Kroger), generating significant customer traffic.; Strong performance indicated by over 111,000 annual Starbucks visits.
    (702) 374-0210
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    390 Hillside Dr Mesquite, NV 89027
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    390 Hillside Dr Mesquite, NV 89027
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