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Bldg B 1125 N McCarran Way 7,352 SF 100% Leased Retail Building Sparks, NV 89431 $5,200,000 ($707.29/SF) 5.71% 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.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
7,352 SF
Building Class
B
Year Built
2005
Price
$5,200,000
Price Per SF
$707.29
Cap Rate
5.71%
NOI
$296,920
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
0.90 AC
Zoning
C1 - Retail
Parking
24 Spaces (2.95 Spaces per 1,000 SF Leased)
Frontage
200’ on N. McCarran Blvd
AMENITIES
- Corner Lot
- Security System
- Signage
- Tenant Controlled HVAC
Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (71)
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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