WOW! 2014-Cap Rate=18.70% Occupancy=100% (24 Hour Fitness/ 18.7% Return/ $136 PSF) SELLER ONLY ASKING FOR = $3,600,000, U MUST HURRY UP, BEFORE HE CHANGES HIS MIND! CALL (RAMON WU) NOW @702-334-7767
- all infos here deem reliable, but no guarantee!
- Cap Rate:
- 18.70%
- Occupancy:
- 100%
- Tenancy:
- Single
- Year Built:
- 1996
- Lot Size:
- 3.07 AC
- Price:
- $3,600,000
- Building Size:
- 26,376 SF
- Price/SF:
- $136.49
- Property Type:
- Retail
- Property Sub-type:
- Free Standing Bldg
- Additional Sub-types:
- Retail Pad
- Anchor
- Neighborhood Center
- Property Use Type:
- Net Lease Investment with
- 2 years left on lease
- Cap Rate:
- 18.70%
- Occupancy:
- 100%
- Tenancy:
- Single
- Year Built:
- 1996
- Lot Size:
- 3.07 AC
- Listing ID
- 18809135
- Last Updated
- 11 days ago
- strong national tenant / corporate executed lease / 425 locations
- absolute NNN lease / no landlord responsibilities
- 1.5 Years remain on the lease
- 18.7% CAP / Return
- low cost psf / $136 - below replacement cost
- over 387,000 people within the trade area
WOW! 2014-Cap Rate=18.70% Occupancy=100%
(24 Hour Fitness CENTER)
18.7% Return
your cost is around = $136 PSF)
SELLER ONLY ASKING FOR = $3,600,000,
U MUST HURRY UP, BEFORE HE CHANGES HIS MIND!
CALL (RAMON WU) NOW @702-334-7767
Retail Property For Sale
Highlights
Description
STNL 24 Hour Fitness. Corporate Signature. Strong National Tenant: 425 Locations, $741.6 Million in 2013 Revenue. 1.5 years remain on the lease plus 2 (5-Yr) options to extend the term. Absolute NNN Lease / No Landlord Responsibilities. Rare 4% annual rent increases. Strong historical occupancy / tenant has occupied the premises for 18 years. . Freestanding building.
Located adjacent to the Green Valley Town & Country Shopping Center. High Traffic location / Over 58,000 CPD intersection of Green Valley PkWy & Sunset Rd. Over 387,000 people within the trade area. Over $69,000 AHHI within 3 miles. Over 217,000 day-time employees within trade area. Close proximity to the Las Vegas Strip & McCarran International Airport. Henderson is one of the fastest growing metros in the US.
