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Walgreens
Las Vegas, NV 89104
Legacy Asset on World Famous Las Vegas Strip · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
37,499 SF
Building Class
B
Year Built
2014
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.05
Lot Size
0.82 AC
Zoning
C-2
Parking
27 Spaces (0.72 Spaces per 1,000 SF Leased)
Frontage
155’ on E Sahara Ave

AMENITIES

  • Air Conditioning

ABOUT WALGREENS , LAS VEGAS, NV 89104

We are pleased to offer to qualified investors a one of a kind opportunity to purchase (fee simple) a single tenant net leased investment fully occupied by Walgreen Co. (NYSE: WBA) with over 20 years remaining on the base term positioned at the intersection of Las Vegas Blvd and E. Sahara Blvd on the Las Vegas Strip. Located across from the Stratosphere Casino, Hotel & Tower (soon to be The Strat), SLS Las Vegas, and Hilton Grand Vacations; this trophy asset allows investors the ability to acquire fee title to the hard corner of one of the most premier intersections in Las Vegas, NV. Once owned by Ivana Trump, the subject property receives AADT counts of over 118,000 vehicles and is positioned in the midst of major hotel and casino developments including the new Drew Las Vegas hotel and casino (scheduled opening 2022) and the $140 million upgrade to The Stratosphere (to be re-branded “The STRAT”). This rare, generational asset provides investors long term income from an investment grade credit tenant, with minimal landlord obligations, located on truly irreplaceable real estate allowing for tremendous long term appreciation and security.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
162-04-817-002
Land Assessment
$349,768
Improvements Assessment
$1,438,041
Total Assessment
$1,787,809
  • Listing ID: 16400195

  • Date on Market: 6/20/2019

  • Last Updated:

  • Address: Walgreens, Las Vegas, NV 89104

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