72 Horizon Rdg Pkwy Henderson, NV 89012-5324
Property profile & analytics
72 Horizon Rdg Pkwy, Henderson, NV 89012-5324
- Community centers
- 19,275 SF
- 1.66 lot acres
Property ID
US62-0170627
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Teriyaki Madness / Restaurant
- Roberto's Taco Shop / Restaurant
- REBEL JIUJITSU ACADEMY / Training Center / Sports School
- Theo’s It’s All Greek To Me (restaurant) / Restaurant
- Rosati's Pizza / Restaurant
Property Details for 72 Horizon Rdg Pkwy
- Year built
- 2005
- Construction
- CONCRETE
- Lot size
- 1.66 lot acres
- Property type
- Community centers
- Property subtype
- Shopping centers
- APN
- 179-19-401-008
- APU
- 17919401008
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Henderson
- County
- Clark
- State
- Nevada
- Longitude
- -114.993
- Latitude
- 36.0131
- CBSA code
- 29820
- CBSA name
- LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$34,099
$480,862
$901,632
$1,382,494
-
$1,373,891
$2,576,091
$3,949,982
