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Investment Highlights
- Second-Generation Restaurant Infrastructure
- Strong Co-Tenancy & Retail Synergy
- Excellent Visibility & Access
- Prime Henderson Retail Corridor
- Dense & Affluent Trade Area
Executive Summary
LOGIC Commercial Real Estate is pleased to present the opportunity to acquire a freestanding retail building with drive-thru located at 221 N. Stephanie St. in Henderson, Nevada. The property consists of approximately ±4,317 square feet situated on ±0.80 acres and is currently vacant, offering a rare opportunity for an owner-user or investor to reposition a highly functional second-generation restaurant asset.
Strategically located along N. Stephanie Street and American Pacific Drive, the property benefits from traffic counts exceeding ±34,500 vehicles per day and is less than one mile from the CC 215 Beltway (±143,000 CPD), a major regional connector. The site is positioned as an outparcel to a strong neighborhood retail center and is surrounded by national and regional retailers, providing consistent consumer traffic and visibility.
The asset features an existing drive-thru, patio seating area, and full restaurant infrastructure, allowing for minimal downtime and reduced tenant improvement costs for a wide range of food and beverage or retail users. Additionally, the property serves the affluent and densely populated Green Valley trade area, with over 309,000 residents within a 5-mile radius and strong household incomes.
This offering presents a compelling opportunity to acquire a well-located, highly visible retail asset with immediate usability and long-term upside through lease-up or owner occupancy.
Strategically located along N. Stephanie Street and American Pacific Drive, the property benefits from traffic counts exceeding ±34,500 vehicles per day and is less than one mile from the CC 215 Beltway (±143,000 CPD), a major regional connector. The site is positioned as an outparcel to a strong neighborhood retail center and is surrounded by national and regional retailers, providing consistent consumer traffic and visibility.
The asset features an existing drive-thru, patio seating area, and full restaurant infrastructure, allowing for minimal downtime and reduced tenant improvement costs for a wide range of food and beverage or retail users. Additionally, the property serves the affluent and densely populated Green Valley trade area, with over 309,000 residents within a 5-mile radius and strong household incomes.
This offering presents a compelling opportunity to acquire a well-located, highly visible retail asset with immediate usability and long-term upside through lease-up or owner occupancy.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,317 SF
Building Class
B
Year Built/Renovated
2004/2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.80 AC
Zoning
CC - Zoned CC (Community Commercial)
Parking
47 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
178’ on N Stephanie St
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 178-09-811-004 | Improvements Assessment | $482,507 CAD |
| Land Assessment | $350,308 CAD | Total Assessment | $832,815 CAD |
Property Taxes
Parcel Number
178-09-811-004
Land Assessment
$350,308 CAD
Improvements Assessment
$482,507 CAD
Total Assessment
$832,815 CAD
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221 N Stephanie St | 221 N Stephanie St
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