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Starbucks 3412 Boulder Hwy 900 SF Retail Building Las Vegas, NV 89121 $4,547,400 CAD ($5,052.67 CAD/SF) 5% Cap Rate
Investment Highlights
- CORPORATE STARBUCKS LEASE GURANTY – INVESTMENT GRADE CREDIT - BRAND NEW 10-YEAR LEASE
- HIGH POPULATION DENSITY – STRONG DAYTIME WORKFORCE – DAYTIME POPULATION OF 429,600 WITHIN 3-MILE RADIUS
- NATIONAL RETAIL SYNERGY – LOCATED NEAR MANY LAS VEGAS ATTRACTIONS & DESTINATIONS
- HIGH TRAFFIC INTERSECTION AT BOULDER HWY & E SAHARA AVE – PROXIMITY TO I-11 (140,000 VPD) 3-MILES TO LAS VEGAS STRIP
- STRATEGIC MARKET LOCATION – LIMITED DIRECT COMPETITION
Executive Summary
The property is well-positioned on Boulder Highway, which sees over 72,000 vehicles per day, offering strong visibility and accessibility. Located just three miles south of Historic Downtown Las Vegas and six miles from the Las Vegas Strip, this Starbucks is ideally situated to capture both local and tourist traffic.
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- -
- -
- Triple Net
- Jul 2035
Starbucks began in 1971 in Seattle's Pike Place Market as a roaster and retailer of whole bean and ground coffee, tea, and spices. The company became a coffeehouse in 1987 and has since expanded into a global business centered on coffee drinks, food, cups, and merchandise. Starbucks now connects with millions of customers every day through a broad retail network and also brings some of its branded coffee products and creamers into grocery channels. The company's business is built around coffee craftsmanship, food and beverage service, and neighborhood-focused store experiences.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | - | - | Triple Net | Jul 2035 |
Nearby Major Retailers
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Starbucks | 3412 Boulder Hwy
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