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MonteLago Village 10 Costa Di Lago 56,069 SF 91% Leased Retail Building Henderson, NV 89011 $16,250,000 ($289.82/SF) 7.88% Cap Rate
Executive Summary
This asset represents the opportunity to acquire a premier shopping and dining destination within a luxurious master planned community. The combination of tenancy, location, and demographics offers an investor the ability to acquire a proven investment which is well-positioned to take advantage of Henderson’s continuing growth.
• Investment Highlights
• Dominant Market Position
• Substantial Income Growth Potential
• Internet Resilient Tenant Mix
• Top 5 Safest City in the Nation
• Lake Las Vegas Community's Expanding Residential
• Affluent Demographics
• Investment Highlights
• Dominant Market Position
• Substantial Income Growth Potential
• Internet Resilient Tenant Mix
• Top 5 Safest City in the Nation
• Lake Las Vegas Community's Expanding Residential
• Affluent Demographics
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
56,069 SF
Year Built
2003
Price
$16,250,000
Price Per SF
$289.82
Cap Rate
7.88%
NOI
$1,280,035
Percent Leased
91%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
5.38 AC
Zoning
CT - Zoning Classification: Tourist Commercial (CT)
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 160-22-815-016 | Improvements Assessment | $2,844,952 |
| Land Assessment | $1,149,970 | Total Assessment | $3,994,922 |
Property Taxes
Parcel Number
160-22-815-016
Land Assessment
$1,149,970
Improvements Assessment
$2,844,952
Total Assessment
$3,994,922
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MonteLago Village | 10 Costa Di Lago
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