1490 Quartz Ave Sandy Vly Sandy Valley, NV 89019

This exceptional investment opportunity presents a newly constructed (2022) Dollar Tree grocery store in Sandy Valley, Nevada. The 10,500 square foot building sits on a 1.88-acre lot at 1490 E Quartz Ave, Sandy Valley, NV 89019 (APN 201-32-410-018). Boasting a strong 5.00% cap rate and a substantial net operating income (NOI) of $140,700, this single-tenant, net-leased (NNN) property offers a stable and predictable income stream. The lease commenced October 27, 2022, and has a remaining term of approximately 8.2 years, extending to January 31, 2033, with further renewal options. The property's price per square foot is $268, totaling an asking price of $2,814,000. This is an ideal 1031 exchange property, offering minimal management responsibilities and a location approximately 45 minutes from Las Vegas. The property benefits from a corporate lease with a nationally recognized, creditworthy tenant, ensuring a secure and reliable investment. The 100% occupancy rate since the opening date further solidifies its financial strength. This turnkey investment is perfect for those seeking a low-maintenance, high-return property with long-term growth potential. The property is a single building and is a perfect fit for investors seeking a passive income stream.