1205 Sunset RdHenderson, NV 89014

Property Details for 1205 Sunset Rd

Year built

2005

Construction

FRAME

Lot size

1.99 AC

Property size (Sq ft)

20,254 SF

Property type

Retail properties

Property subtype

Strip malls

APN

178-03-310-022

APU

17803310022

Description

Sunmark Plaza offers exceptional retail space in Henderson, Nevada, situated on an out-parceled pad adjacent to the Sunset Station Hotel & Casino. This multi-tenant shopping center boasts high visibility from West Sunset Road, benefiting from significant traffic counts. The property's strategic location is directly across from the Sunset Galleria Mall, ensuring substantial foot traffic and brand recognition. Two spaces are currently available, ranging in size from 1,496 square feet to 3,696 square feet, providing flexibility for various retail concepts. Established co-tenants include popular businesses such as Rubio's, Salon Blush, Aloha Cafe, and The Vitamin Shoppe, creating a vibrant and attractive retail environment. The property is located at 1205 W Sunset Rd, Henderson, NV 89014, within Clark County. This presents a unique opportunity for businesses seeking a high-traffic location with strong co-tenancy in a well-established shopping center. The available spaces are ideal for a variety of retail uses, offering excellent potential for growth and profitability. The property's prime location and established tenant mix make it an attractive investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $7,977,516

  6.5%

  $7,363,862

  7%

  $6,837,871

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,225,880

  Geo Method

  $10,225,880

• Alternative Use

  Use

  Valuation

  Residential

  $6,211,692

  Hospitality

  $5,689,877

  Educational

  $4,733,911

  Medical

  $4,896,718

  Retail

  $7,363,862

Location Insight

City

Henderson

County

Clark

State

Nevada

Latitude

36.0631

Longitude

-115.038

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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