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1490 E Quartz Ave 10,500 SF Retail Building Sandy Valley, NV 89019 For Sale
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Investment Highlights
- 10,500-square-foot Family Dollar situated on 1.88 acres on the California-Nevada border in a growing community.
- Essential retail location with strong community demand and limited competition, generating over $25M in annual consumer spending.
- 2022 construction with a 10-year lease and renewal options, offering dependable returns in an underserved market.
- Ideal 1031 exchange opportunity featuring a single-tenant net-lease property backed by a national retailer with 15,500+ stores.
Executive Summary
Discover this 10,500-square-foot Family Dollar store at 1490 East Quartz Avenue in Sandy Valley. Presenting a rare opportunity to acquire a high-quality single-tenant net-leased retail investment on a 1.88-acre parcel along one of the community’s main thoroughfares. Built in 2022, the property is secured by a 10-year corporate lease with Dollar Tree, featuring four additional 5-year renewal options, offering long-term income stability backed by a national retailer operating 15,500+ locations across 48 states and Canada. As a brand-new, passive, minimal-management asset, this property is ideal for investors seeking durable cash flow and a dependable tenant.
Situated on Quartz Avenue near Valley Electric Association, the post office, the Sandy Valley Library, Sandy Valley High School, and Sky Ranch Airport, the location serves a tight-knit, underserved trade area on the California-Nevada border with limited retail competition. The surrounding community generates over $25 million in annual consumer spending, reinforcing the store’s importance as an essential retail hub. With its new construction, secure lease structure, strong tenant performance, and prime positioning within a small but growing market, this offering is ideally suited for 1031 exchange buyers and investors seeking a stable, long-term net-leased Dollar Tree investment in Southern Nevada.
Situated on Quartz Avenue near Valley Electric Association, the post office, the Sandy Valley Library, Sandy Valley High School, and Sky Ranch Airport, the location serves a tight-knit, underserved trade area on the California-Nevada border with limited retail competition. The surrounding community generates over $25 million in annual consumer spending, reinforcing the store’s importance as an essential retail hub. With its new construction, secure lease structure, strong tenant performance, and prime positioning within a small but growing market, this offering is ideally suited for 1031 exchange buyers and investors seeking a stable, long-term net-leased Dollar Tree investment in Southern Nevada.
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Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,500 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.88 AC
Zoning
C-2 - General Commercial
About Primm
Primm is situated along Interstate 15 close to the California/Nevada border. This small, unincorporated community is home to three casinos, as well as the Primm Valley Motorsports Complex and Prizm Outlets shopping center. The apartment community in the area is occupied primarily by local casino employees. The casinos are the main employers in the area.
Approximately 40 miles southwest of Las Vegas, Primm offers travelers the opportunity to refuel, dine, shop, and gamble on their way to or from Southern California to Las Vegas. Retailers are primarily clustered along the Interstate 15 and East Primm Boulevard. The largest local shopping hub is the Prizm Outlets, which include outlets for national retailers like Nike, H&M, and Old Navy.
Outside of the outlets and casinos, most retailers are small businesses catering to travelers. The area’s small size and limited retail inventory typically attracts sporadic sales activity. Pricing is generally at a discount and cap rates above Las Vegas’ average.
Demographics
Demographics
1 mile
3 mile
5 mile
15 min drive
2024 Population
360
1,111
1,600
1,716
2029 Population
403
1,202
1,713
1,791
2024-2029 Projected Population Growth
11.9%
8.2%
7.1%
4.4%
Median Age
51.6
50.8
50.7
50.9
College Degree + Higher
23%
22%
22%
16%
Daytime Employees
153
198
385
557
Total Businesses
15
26
40
67
Average Household Income
$81,209
$83,458
$84,087
$83,338
Median Household Income
$50,556
$59,473
$75,991
$56,209
Total Consumer Spending
$4.8M
$14.8M
$21.4M
$22.7M
2024 Households
152
455
649
696
Average Home Value
$339,250
$370,083
$378,998
$405,612
$ values in USD
Nearby Amenities
Retail |
||
|---|---|---|
| Family Dollar | Dollar/Variety/Thrift | In Building |
| United States Postal Service | Business/Copy/Postal Services | 16 min walk |
Property Taxes
| Parcel Number | 201-32-410-018 | Improvements Assessment | $652,272 CAD |
| Land Assessment | $19,666 CAD | Total Assessment | $671,939 CAD |
Property Taxes
Parcel Number
201-32-410-018
Land Assessment
$19,666 CAD
Improvements Assessment
$652,272 CAD
Total Assessment
$671,939 CAD
Sale Advisor
Sale Advisor
Andrea Santanna, Sr. Vice President - Leasing - S.65052
Andrea Santanna is known as one of the most active and high profile real estate brokers in the retail sector for Southern Nevada.
Since joining Dapper Companies in 2006, Andrea has represented the company in identifying, marketing and executing retail leasing strategies that drive asset value and enhance the short-term and long-term value of clients’ real estate investments.
As a celebrated expert in the industry for her ability to identify and forecast trends in retail, she has developed an impeccable track record of leasing to first-time business owners, national brands and everything in between.
With Dapper Companies, Andrea handles all acquisitions and dispositions of the properties, in addition to handling tenants interested in leasing space in current and upcoming developments. Working with attorneys on lease, purchase and sales agreements, she is highly experienced in dealing with complex negotiations resulting in closing the deal. Andrea leads all marketing efforts for the properties, whether for lease or sale.
Andrea’s knowledge of the Southern Nevada market, in addition to her mission of creating lasting relationships with her clients, has catapulted her to top broker status in the market.
Andrea was previously a member of the commercial leasing team at NAI Horizon, assisting in the research of raw land, in addition to the leasing and sales of existing office buildings.
Andrea is a member of the International Council of Shopping Centers (ICSC). She is proud to have been born and raised in fabulous Las Vegas, where she has resided throughout her life.
Since joining Dapper Companies in 2006, Andrea has represented the company in identifying, marketing and executing retail leasing strategies that drive asset value and enhance the short-term and long-term value of clients’ real estate investments.
As a celebrated expert in the industry for her ability to identify and forecast trends in retail, she has developed an impeccable track record of leasing to first-time business owners, national brands and everything in between.
With Dapper Companies, Andrea handles all acquisitions and dispositions of the properties, in addition to handling tenants interested in leasing space in current and upcoming developments. Working with attorneys on lease, purchase and sales agreements, she is highly experienced in dealing with complex negotiations resulting in closing the deal. Andrea leads all marketing efforts for the properties, whether for lease or sale.
Andrea’s knowledge of the Southern Nevada market, in addition to her mission of creating lasting relationships with her clients, has catapulted her to top broker status in the market.
Andrea was previously a member of the commercial leasing team at NAI Horizon, assisting in the research of raw land, in addition to the leasing and sales of existing office buildings.
Andrea is a member of the International Council of Shopping Centers (ICSC). She is proud to have been born and raised in fabulous Las Vegas, where she has resided throughout her life.
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1490 E Quartz Ave
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