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178 N Pecos Rd 1,787 SF Retail Condo Unit Offered at $885,000 in Henderson, NV 89074
Investment Highlights
- New Paint, no deferred maintenance. Excellent Retail Condo in Green Valley. 5-year Lease, one 5-year option, super easy 1031 type Hands free.
Executive Summary
Super Easy-Super Stable Investment Property. Brand New 5-Year Lease! One 5-Year Option. Bite Size 1031 Exchange or part of a larger exchange-Perfect. Very little management needed since this is a Condo inside a larger building and the Building manager handles things for all of the owners. Tenant is the largest Direct Seller of Beef in the US, and 5th Generation run. 2025 sales estimated at $450,000,000.00 They are expanding their business model to include Store fronts like this one. Their Las Vegas partnership with Circa Resorts Project BBQ doesn't hurt either! This is a no-brainer! 1787 SF Retail Condo - very rare- Green Valley area of Henderson. No Risk. Just collect rent.
Property Facts
| Total Building Size | 23,742 SF | Typical Floor Size | 11,871 SF |
| Property Type | Retail (Condo) | Year Built | 2008 |
| Property Subtype | Storefront Retail/Office | Lot Size | 1.55 AC |
| Building Class | B | Parking Ratio | 4/1,000 SF |
| Floors | 2 | ||
| Zoning | CC - Mixed Use Retail/Office | ||
| Total Building Size | 23,742 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 11,871 SF |
| Year Built | 2008 |
| Lot Size | 1.55 AC |
| Parking Ratio | 4/1,000 SF |
| Zoning | CC - Mixed Use Retail/Office |
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
1 Unit Available
Unit 140
| Unit Size | 1,787 SF | Cap Rate | 5.24% |
| Price | $885,000 | NOI | $46,374 |
| Price Per SF | $495.24 | Sale Conditions | 1031 Exchange |
| Condo Use | Retail | APN/Parcel ID | 178-18-114-025 |
| Sale Type | Investment |
| Unit Size | 1,787 SF |
| Price | $885,000 |
| Price Per SF | $495.24 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.24% |
| NOI | $46,374 |
| Sale Conditions | 1031 Exchange |
| APN/Parcel ID | 178-18-114-025 |
Description
Super Easy-Super Stable Investment Property. Brand New 5-Year Lease! One 5-Year Option. Bite Sizxe 1031 Exchange or patr of a larger exchange-Perfect. Very little management needed since this is a Condo inside a larger building and the Building manager handles things for all of the owners. Tenant is the largest Direct Seller of Beef in the US, and 5th Generation run. 2025 sales estimated at $450,000,000.00 They are expanding their business model to include Store fronts like this one. Their Las Vegas partnership with Circa Resorts Project BBQ doesn't hurt either! This is a no-brainer! 1787 SF Retail Condo - very rare- Green Valley area of Henderson. No Risk. Just collect rent.
Sale Notes
5 year AIRCRE Lease, with one 5-year option at Market rate. Very simple transaction. Standard Fee simple Title, potential 1031 exchange property, or just a good start investment. Mailbox money! Great, stable area of the Valley in Henderson's Green Valley, at the corner of Windmill and Pecos with 38,000 cars per day. Large Retail business location. No Vacant spots, no dark big boxes, Just a solid, upper-middle income producer!
Front Door Pic
Whole Building Photo
Nearby Major Retailers
NNN Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Certus Pest, Inc. |
-
|
Jan 0000
|
| Platinum Contracting of Nevada, LLC |
-
|
Jan 0000
|
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178 N Pecos Rd
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