Property profile

1445 Sunset Rd Henderson, NV 89014

OFF-MARKET
Strip malls
Property ID
US62-0407712
28,600 SF 3.57 ac lot Built 1996
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 39,586 square foot shopping center in Henderson, Nevada, presents a compelling investment opportunity. Boasting a 100% occupancy rate and a strong NOI of $1,068,072, this stabilized property offers a 6.82% cap rate at an asking price of $15,650,000. The center features a desirable mix of national and regional tenants, including Golden Corral and Barbeques Galore, complemented by a shadow anchor of high-performing businesses such as Starbucks, Wells Fargo, and Mariana's Supermarket. Built in 1996 and renovated in 2022, the property sits on a 92,261 square foot lot (APN 178-04-716-013) and is zoned CC. The triple-net (NNN) lease structure minimizes landlord expenses, while a weighted-average lease term of over seven years provides long-term stability and predictable income. Scheduled rent increases further enhance the investment's potential for improving returns. This fee-simple ownership opportunity is ideal for a 1031 exchange. The property's prime location at the intersection of Sunset Road and Stephanie Street benefits from high daily vehicle traffic exceeding 67,000. This synergistic tenant mix, including grocery, fitness, food services, and daily necessities, creates a vibrant and essential shopping destination. The property's strong tenant profile and minimal landlord responsibilities make it an attractive and secure investment.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1996
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 28,600 SF
Lot 3.57 ac (155,509 SF)
APN 178-04-716-004
UPID US62-0407712

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Party Supply Store
  • Dental Office
  • Nail Salon
  • (Bike/Boat/Book/etc) Store Pharmacy
  • Physician

Location

1445 Sunset Rd Henderson, NV 89014-6674
Henderson metro Census 5113 LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.50M

Owner & transaction history

since 2014
7 recorded transactions
2018
Price N/A
2014
$22.7M
2003
Price N/A
2003
$25,250
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1445 Sunset Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message