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MonteLago Village 10 Costa Di Lago 56,069 SF 100% Leased Retail Building Henderson, NV 89011 $22,407,775 CAD ($399.65 CAD/SF) 7.88% Cap Rate
Investment Highlights
- Dominant Market Position - In a 5-mile radius, the Property is one of the only sources of major retail in the market.
- Internet Resilient Tenant Mix
- Lake Las Vegas Community's Expanding Residential
- Substantial Income Growth Potential
- Top 5 Safest City in the Nation
- Affluent Demographics
Executive Summary
This asset represents the opportunity to acquire a premier shopping and dining destination within a luxurious master planned community. The combination of tenancy, location, and demographics offers an investor the ability to acquire a proven investment which is well-positioned to take advantage of Henderson’s continuing growth.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
56,069 SF
Building Class
B
Year Built
2003
Price
$22,407,775 CAD
Price Per SF
$399.65 CAD
Cap Rate
7.88%
NOI
$1,765,091 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
5.38 AC
Zoning
CT - Zoning Classification: Tourist Commercial (CT)
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 160-22-815-016 | Improvements Assessment | $3,939,007 CAD |
| Land Assessment | $1,592,202 CAD | Total Assessment | $5,531,209 CAD |
Property Taxes
Parcel Number
160-22-815-016
Land Assessment
$1,592,202 CAD
Improvements Assessment
$3,939,007 CAD
Total Assessment
$5,531,209 CAD
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MonteLago Village | 10 Costa Di Lago
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