72 Horizon Rdg Pkwy Henderson, NV 89012-5324
This exceptional Class A, 38,373 square foot shopping center in Henderson, Nevada presents a compelling investment opportunity. Boasting a 100% occupancy rate across 19 tenants, the property features a diverse mix of businesses, including HotWorx Yoga and Teriyaki Madness, ensuring a stable and well-balanced income stream. Built in 2005, the two-building, single-story complex sits on a 3.55-acre lot with ample parking (3.9 spaces per 1,000 sq ft). The property benefits from a prominent location on Horizon Ridge Parkway, offering high visibility and accessibility due to its proximity to the I-515 freeway (daily traffic count exceeding 94,500 vehicles). The current Net Operating Income (NOI) is $783,669, with a projected NOI of $850,134, resulting in a current cap rate of 6.15% and a pro-forma cap rate of 6.67%. The asking price is $12,750,000, translating to $332.26 per square foot. The property is zoned CC and features a staggered lease structure with rent bumps, providing long-term growth potential. The current lease term has 3.3 years remaining. This stabilized investment, with minimal deferred maintenance, offers a secure and lucrative return. The property's location near affluent Henderson neighborhoods further enhances its appeal. This is a truly exceptional opportunity for investors seeking a high-performing, well-located retail asset.
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Teriyaki Madness Restaurant
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Roberto's Taco Shop Restaurant
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REBEL JIUJITSU ACADEMY Training Center Sports School
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Theo’s It’s All Greek To Me (restaurant) Restaurant
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Rosati's Pizza Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.