STNL Raising Cane's
$3,300,000
NEC Lake Mead Pkwy. & Water St. NV 89015, Henderson, NV 89015
5.3
Cap Rate
175,000
NOI
Details:
Highlights:
- 15-Year Absolute NNN Corporate Lease
- 10% rental increases every 5 years, including options
- Favorable Master Ground Lease Terms
- Excellent Visibility | Strong Traffic Counts (±55,800 VPD)
- High Growth Trade Area | Historic Water Street District
- Dense and Mature Demographics
Description:
Colliers is pleased to exclusively offer the opportunity to acquire the leasehold interest (building ownership) in a new construction single-tenant net-leased Raising Cane’s with double drive-thru located in Henderson, NV. The property consists of a ±3,181 SF freestanding building, situated on a ±1.62 AC parcel, and benefits from a 15-Year Absolute NNN lease, with five (5), five year options to extend.
This newly constructed Raising Cane’s is adjacent to St. Rose Dominican Hospital (326 beds, 3,400 employees), and a new construction Better Buzz Coffee. The site is just north of several new mixed-use developments, the historic Water Street District, and the America First Center, home to the Silver Knights hockey team.
Strategically located at the signalized intersection of E. Lake Mead Pkwy. and Water St., with combined traffic counts in excess of ±55,800 VPD, the site is 1-mile from the Interstate 11 and CC 215 Beltway interchange, which sees an additional ±293,100 VPD. The asset is well positioned within a high growth area of Henderson, NV, with national co-tenants within the area including Target, ROSS, Sprouts Market, Marshalls, ULTA, PetSmart, Walmart, and more.
Documents:
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Offering Memorandum
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Location
Gallery
