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31272323

2375 Via Inspirada, Henderson, NV 89044 For Sale

JB
NV B.1002731 LLC
ADELPHI PROPERTY ADVISORS
Listed by ADELPHI PROPERTY ADVISORS
$3,470,000
116 days on market
Updated 67 days ago

The Shops at Inspirada

Details
APN 191-14-412-006
Property Type Retail
Sub Type Storefront
Square Footage 5,500
Units 2
Cap Rate 6.3%
NOI $218,545
Occupancy 100%
Tenancy Multi
Lease Type NNN
Remaining Term 5
Price per SqFt $631
Broker Co-Op Yes
Year Built 2021
Buildings 1
Stories 1
Acreage 0.640
Zoning Commercial Community (CC)
Investment Type Stabilized
Ground Lease No

Retail | 6.3% CAP | 5,500 SqFt

Marketing description

Adelphi Property Advisors presents 2375 Via Inspirada, Henderson NV 89044 (the “Property”), a 100% occupied two-tenant strip center located within The Shops at Inspirada in the Las Vegas MSA. The Property is situated within Inspirada, one of the largest master-planned communities in the city. Currently, over 47,000 residents live within a three-mile radius with an average household income exceeding $121,000.

The surrounding area is experiencing significant growth and development, including the Haas Automation manufacturing campus currently under construction nearby- a planned 2.4 million square foot facility expected to create substantial employment opportunities. In addition, Station Casinos owns land directly across from the Property with plans for a future casino development, and Centurion is planning a 600-unit multifamily community adjacent to the site. These developments are expected to further strengthen the area's long-term economic fundamentals and continue driving traffic to the immediate trade area.

Investment highlights

Newer Construction Two-Tenant Strip Center: 2375 Via Inspirada is a newly constructed property completed in 2021 that is 100% occupied and leased to two established tenants in a high income area of the Las Vegas MSA.

NNN Leases: Both tenants are on NNN leases with the tenants covering the operating expenses, per the terms of their leases.

Strong Demographics: Over 47,000 residents live within a 3 mile radius with the average household income exceeding $121,000.

Via Inspirada Exposure: Both tenants have full exposure on Via Inspirada, the main thoroughfare in the Inspirada community.

Inspirada Master Planned Community: Inspirada is one of Henderson’s largest master-planned communities, spanning over 2,000 acres with approximately 7,000 homes currently built and approximately 8,500 homes planned at full buildout.

Please do not disturb tenants.

Listing Contacts

JB
NV B.1002731 LLC
ADELPHI PROPERTY ADVISORS
Listed by ADELPHI PROPERTY ADVISORS

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$218,545.00
$18,212.08/mo

Valuation Metrics

0
DSCR
6.3%
Cap Rate
6.3%
ROI

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