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32328584
32328579

221 N STEPHANIE ST, HENDERSON, NV 89074-8060 For Sale

SM
NV 70247
LOGIC Commercial Real Estate
Listed by LOGIC Commercial Real Estate
$4,500,000
83 days on market
Updated 38 days ago

221 N. Stephanie St

Details
APN 17809811004
Property Type Retail
Sub Type Drive-thru, Standalone (+1)
Square Footage 4,317
Units 1
Cap Rate 5.00%
NOI $228,835
Year Built 2004
Year Renovated 2018
Stories 1
Acreage 0.800
Zoning CC
Parking Spaces 47 spaces
Parking per 1,000 SqFt 10.89
Ground Lease No

221 N. Stephanie St

Investment highlights

LOGIC Commercial Real Estate is pleased to present the opportunity to acquire a freestanding retail building with drive-thru located at 221 N. Stephanie St. in Henderson, Nevada. The property consists of approximately ±4,317 square feet situated on ±0.80 acres and is currently vacant, offering a rare opportunity for an owner-user or investor to reposition a highly functional second-generation restaurant asset.

Strategically located along N. Stephanie Street and American Pacific Drive, the property benefits from traffic counts exceeding ±34,500 vehicles per day and is less than one mile from the CC 215 Beltway (±143,000 CPD), a major regional connector. The site is positioned as an outparcel to a strong neighborhood retail center and is surrounded by national and regional retailers, providing consistent consumer traffic and visibility.

The asset features an existing drive-thru, patio seating area, and full restaurant infrastructure, allowing for minimal downtime and reduced tenant improvement costs for a wide range of food and beverage or retail users. Additionally, the property serves the affluent and densely populated Green Valley trade area, with over 309,000 residents within a 5-mile radius and strong household incomes.

This offering presents a compelling opportunity to acquire a well-located, highly visible retail asset with immediate usability and long-term upside through lease-up or owner occupancy.

Listing Contacts

SM
NV 70247
LOGIC Commercial Real Estate
Listed by LOGIC Commercial Real Estate

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$228,835.00
$19,069.58/mo

Valuation Metrics

0
DSCR
5.09%
Cap Rate
5.09%
ROI

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