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- LoopNet Team
1540 W Sunset Rd
Henderson, NV 89014
Galleria Marketplace Retail Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Galleria Marketplace presents investors with an easy-to-manage, 100% leased 5-tenant retail investment opportunity
- The property is located on the signalized hard corner of W. Sunset Rd. and Whitney Ranch Dr. with a prominent monument sign
- The Property is anchored by PT’s Gold tavern (which accounts for nearly 50% of the center’s revenue)
- The property has healthy demographics featuring an average household income of more than $79,000 with a population of 325,000 within a 5-mile radius
PROPERTY FACTS
AMENITIES
- Pylon Sign
ABOUT 1540 W SUNSET RD , HENDERSON, NV 89014
On behalf of Sunstone Bonita, LLC, the Vincent Advisory Group of LOGIC Commercial Real Estate is pleased to present the opportunity to acquire Galleria Marketplace, a triple net-leased, five-tenant retail investment opportunity in Henderson, Nevada (the “Property”). The Property is 100% occupied and anchored by PT’s Gold tavern featuring a corporate guaranty by its parent company, Golden Entertainment (NASDAQ: GDEN), which makes up nearly 50% of the center’s total revenue. Golden Entertainment is a publicly-traded gaming company with +/- 8,000 employees, 10 casinos, 66 taverns and more than 1,000 route locations. In addition to PT’s Gold, Galleria Marketplace features an internet resistant tenant mix including Jackson Hewitt Tax Service, Las Pupusas Restaurant, Hollywood Smokes & Vape, and Las Vegas Barber Shop. The Property totals +/-10,797 SF and is situated on +/-1.18 AC at the signalized hard corner of W. Sunset Rd. and Whitney Ranch Dr. The center is located just west of the N. Stephanie St./Sunset Rd. intersection which is the retail mecca of the valley including countless national retailers such as Walmart, Lowes, Home Depot, Costco, Target, Best Buy, Macy’s, Kohl’s, CVS and many more. Additionally, just down the street is the 80-AC, 448-room Sunset Station Hotel & Casino and the +/-1.1MM SF Galleria at Sunset Mall, each of which drive significant traffic to the area. The site features strong demographics including average household income of more than $79,000 with a population of 325,000 within a 5-mile radius. Galleria Marketplace provides investors with a stabilized, cash flowing investment opportunity featuring a strong anchor tenant, ease of management, and staggered lease expirations.
PROPERTY TAXES
| Parcel Number | 178-04-613-002 | Improvements Assessment | $649,773 |
| Land Assessment | $517,223 | Total Assessment | $1,166,996 |
PROPERTY TAXES
