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1260 N Town Center Dr 3,482 SF Retail Building Las Vegas, NV 89144 $4,843,986 CAD ($1,391.15 CAD/SF) 4.58% Cap Rate
Investment Highlights
- Modern Starbucks Location
- High Ranking Store For Traffic (Placer.AI)
- Delivered for Starbucks in December 2021
Executive Summary
This prime asset is located within Clark County’s premium neighborhood, Summerlin. Built in 2001, the building was completely renovated for Starbucks’ new prototype. There
are numerous traffic drivers in the area, including Summerlin Hospital, Allegiant Travel Company. Diamond Resorts & Hotels, Le Cordon Bleu College of Culinary Arts and single-family and multifamily residential neighborhoods.
are numerous traffic drivers in the area, including Summerlin Hospital, Allegiant Travel Company. Diamond Resorts & Hotels, Le Cordon Bleu College of Culinary Arts and single-family and multifamily residential neighborhoods.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,482 SF
Building Class
B
Year Built/Renovated
2001/2021
Price
$4,843,986 CAD
Price Per SF
$1,391.15 CAD
Cap Rate
4.58%
NOI
$221,726 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.00 AC
Zoning
C-1 - Planned Community - Summerlin
Parking
32 Spaces (9.09 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Restaurant
- Signage
- Drive Thru
- Monument Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 138-30-217-010 | Improvements Assessment | $333,802 CAD |
| Land Assessment | $555,144 CAD | Total Assessment | $888,945 CAD |
Property Taxes
Parcel Number
138-30-217-010
Land Assessment
$555,144 CAD
Improvements Assessment
$333,802 CAD
Total Assessment
$888,945 CAD
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1260 N Town Center Dr
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