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Red Dragon & Subway | NNN | 24hr Location 2109 S Magic Way 6,100 SF 100% Leased Retail Building Henderson, NV 89002 $4,628,871 CAD ($758.83 CAD/SF) 5.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Strong Tenant Lineup | 100% Occupied | No State Income Tax | NNN Leases | Ecommerce Resistant Tenants | 24-Hour Location
- Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes
- Signalized, Hard Corner Intersection | Highly Traveled Trade Area |Nevada State College (3,534 Students) | Dense Retail Corridor
EXECUTIVE SUMMARY
Red Dragon occupying 4,800 square feet and Subway utilizing the remaining 1,300 square feet. The offering consists of a diverse, ecommerce resistant tenant lineup creating a stabilized, income stream for a new investor. Both tenants operate under leases which are NNN in nature, limiting expense leakage for a future investor in an income tax free state. The Red Dragon operates under the Dotty’s brand, one of Nevada’s most successful gaming and tavern companies currently operating 190+ locations. Red Dragon is the Dotty’s brands Asian concept.
PROPERTY FACTS
AMENITIES
- Dedicated Turn Lane
- Freeway Visibility
- Restaurant
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Red Dragon Gaming & Spirits
- Accommodation and Food Services
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99,999 SF
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- Accommodation and Food Services
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99,999 SF
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Subway® is simply the better choice for freshly made, convenient, and affordable food. For a reason, they are one of the world’s largest restaurant brands, serving up a crave-able menu with better options to their millions of fans, every day. Whether it’s their bread baked fresh daily, new flavorful signature subs or their classic fan favorites made fresh to order, Subway® delivers a quality, delicious meal that people can feel good about. The Subway® story began in 1965 when Fred DeLuca asked his family friend, Dr. Peter Buck, a nuclear physicist, for advice on how to pay his college tuition. With an idea to open a submarine sandwich shop and an initial investment from Dr. Buck, the two formed a business partnership that would ultimately change the landscape of the quick-service restaurant industry.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Red Dragon Gaming & Spirits | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
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Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 179-28-721-003 | Improvements Assessment | $625,733 CAD |
| Land Assessment | $236,539 CAD | Total Assessment | $862,272 CAD |
PROPERTY TAXES
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Red Dragon & Subway | NNN | 24hr Location | 2109 S Magic Way
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