Multitenant Retail 3360 W Cactus Ave 7,085 SF 100% Leased Retail Building Las Vegas, NV 89141 $6,456,130 CAD ($911.24 CAD/SF) 6.02% Cap Rate

Adelphi Property Advisors presents 3360 W. Cactus Ave. (the ‘Property’), a +/- 7,085 SF multi-tenant strip center located in the Southwest Submarket of the Las Vegas Valley. The Property is 100% occupied and is leased to three Internet resistant retail/medical tenants. Gentle Dental occupies approximately 48% of the Property and has a lease in place until 2033. The lease is signed by Interdent, a nationally recognized, corporate backed tenant that operates in 8 states providing support to over 160 locations, 400 dentists, and 2,100 employees. Dental locations are known for their stability and longevity. American Urgent Care occupies 2,500 SF (35% of the Property). They operate 10 locations in the Las Vegas MSA. The lease is signed by Urgent Care Fund, Inc. with a personal guarantee in place. American Urgent Care offers primary care and urgent care services.
3360 W. Cactus Ave. was constructed in 2023. The newer construction will limit any near term capital improvements. The Property is located near Southern Highlands, one of the most prestigious master-planned communities in the Las Vegas MSA with over 9,500 homes with an average household income of over $135,000. 3360 W. Cactus Ave is located one block from the I-15 Freeway (over 150,000 vehicles per day). Over 12,000 residents live within a 1 mile radius and over 116,000 residents live within a 3 mile radius. The population will continue to grow as more homes continue to be built in the immediate area.