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Bldg B 1125 N McCarran Way 10,884 SF 100% Leased Retail Building Sparks, NV 89431 $5,100,000 ($468.58/SF) 5.94% Cap Rate
Investment Highlights
- Drive-Through
- QSR
- NNN Retail
Executive Summary
10,884 Sq. Ft.
Net-Leased Retail Investment Opportunity.
The offering includes a two-tenant, freestanding retail building with a dedicated drive-through, currently occupied by Baskin-Robbins and Domino’s Pizza on a triple-net basis. The property is complemented by an adjacent drive-up retail strip serving a mix of medical and neighborhood-oriented retail users.
The project fronts North McCarran Boulevard, providing strong visibility, direct ingress/egress, and exposure to consistent traffic counts. A shared pylon sign further enhances tenant visibility and brand presence along the corridor.
Net-Leased Retail Investment Opportunity.
The offering includes a two-tenant, freestanding retail building with a dedicated drive-through, currently occupied by Baskin-Robbins and Domino’s Pizza on a triple-net basis. The property is complemented by an adjacent drive-up retail strip serving a mix of medical and neighborhood-oriented retail users.
The project fronts North McCarran Boulevard, providing strong visibility, direct ingress/egress, and exposure to consistent traffic counts. A shared pylon sign further enhances tenant visibility and brand presence along the corridor.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
10,884 SF
Building Class
B
Year Built
2005
Price
$5,100,000
Price Per SF
$468.58
Cap Rate
5.94%
NOI
$302,940
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
0.90 AC
Zoning
C1 - Retail
Parking
24 Spaces (2.21 Spaces per 1,000 SF Leased)
Frontage
290’ on N. McCarran Blvd
Amenities
- Corner Lot
- Security System
- Signage
- Tenant Controlled HVAC
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 033-103-25 | Improvements Assessment | $574,726 |
| Land Assessment | $214,204 | Total Assessment | $788,929 |
Property Taxes
Parcel Number
033-103-25
Land Assessment
$214,204
Improvements Assessment
$574,726
Total Assessment
$788,929
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Bldg B | 1125 N McCarran Way
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