1510 W Horizon Ridge Parkway
Cash Cow in Henderson NV Foothills
Marketing description
Sweet Turn-Key property with 5 suites
Anytime Fitness has been here since the beginning and just renewed for another 5 years, through December 2029
New Salon lease for 3 years, for suites 150-160
We expect the upstairs suite to be leased in the Next 6 months at List price bringing this property to 100% Occupancy.
Horizon Ridge Parkway is the Primary Street Running East to West Connecting the Black Mountains in the East, and McCullough Hills in West Henderson, above the 215-Freeway. Directly South of the property are the Large, under development, Master-planned Guard Gated Subdivisions of MacDonald Highlands, and Ascaya, with Thousands of terraced lots starting in the $1.5m range for land only.
large Population growth underway within a 3 mile radii. High Net worth individuals.
1510 sits on the primary established Office and Retail Corridor serving this High-Income Demographic area, that continues to grow at a rapid pace, setting new Record Home Prices for the Whole Las Vegas Valley, annually.
Investment highlights
Easy to manage 5-suite property.
Retail exposure in a top retail corridor
Copper Top Building-Recognizable.
Rent Escalations Annually.
Upside rent increase for largest tenant at renewal in 2030
Signalized Intersection
Multiple curb-cuts
Cross-access
6% Yield beginning on January 1, 2026
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