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Convenience Store in Mesquite, NV 325 N Sandhill Blvd 5,254 SF 100% Leased Retail Building Mesquite, NV 89027 $2,850,000 ($542.44/SF) 4.62% Cap Rate
INVESTMENT HIGHLIGHTS
- 1.15+/- net acres
- Tenant mix is Terrible Herbst Convenience Store, Jimmy John's Sandwiches and Fixxology Franchise Soda Shop
- APNs: 001-16-501-006, 001-16-501-007, 001-16- 501-008, 001-16-501-009, and 001-16-501-010
- 5,254 +/- square foot building with 2 dedicated drive thrus.
- Heavy traffic corner of North Sandhill Boulevard and East Old Mill Road, just off of the I15 & Sandhill Drive interchange.
EXECUTIVE SUMMARY
100% Leased prime retail investment! Occupied by Terrible Herbst Convenience Store, Jimmy John's Sandwich Shop and Fixxology Soda Shop. Building was built in 1996 and renovated in 2022. Great location just off of Interstate 15 and the Sandhill Drive exit.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$131,712
|
$25.07
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $131,712 |
| Annual Per SF | $25.07 |
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
5,254 SF
Building Class
C
Year Built
1996
Price
$2,850,000
Price Per SF
$542.44
Cap Rate
4.62%
NOI
$131,712
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
1.15 AC
Zoning
CR-2, Mesquite - Commercial zoning City of Mesquite, NV
Parking
21 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Drive Thru
ABOUT 325 N SANDHILL BLVD , MESQUITE, NV 89027
This investment property at 325 N Sandhill Blvd in Mesquite, NV, is a 5,254 Sf Convenience Store with a Jimmy John’s sandwich shop and a Fixxology Soda Shop located within, each with their own dedicated drive thrus. The property features a total rentable area of 5,254 square feet and has seen over $1 million in recent investments, including a new roof and HVAC system. Located at the northwest corner of North Sandhill Blvd and East Old Mill Road, it benefits from high-traffic exposure near popular brands like KFC and Dutch Bros. With fully renovated spaces and stable tenants, this property offers a turnkey investment opportunity with strong potential for long-term value and steady occupancy. Listing price is for building and land only. Does not include existing business.
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Jimmy Johns
- -
- 2,430 SF
- -
- Jan 2027
- Terrible Herbst
- -
- 2,825 SF
- -
- Jul 2044
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Jimmy Johns | - | 2,430 SF | - | Jan 2027 | ||
| Terrible Herbst | - | 2,825 SF | - | Jul 2044 |
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
6,830
22,351
27,653
26,977
2029 Population
7,488
24,691
30,488
29,077
2024-2029 Projected Population Growth
9.6%
10.5%
10.3%
7.8%
Median Age
53.4
61.9
63.5
63.3
College Degree + Higher
18%
22%
23%
16%
Daytime Employees
3,717
7,681
8,379
8,022
Total Businesses
341
726
808
907
Average Household Income
$80,897
$77,633
$78,237
$93,554
Median Household Income
$61,648
$63,586
$64,337
$76,983
Total Consumer Spending
$88.7M
$308.2M
$389.9M
$390.6M
2024 Households
2,897
10,153
12,627
12,294
Average Home Value
$389,288
$396,430
$415,353
$473,945
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $343,669 (2025) | |
| Land Assessment | $139,843 (2025) | Total Assessment | $483,514 (2025) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$139,843 (2025)
Improvements Assessment
$343,669 (2025)
Total Assessment
$483,514 (2025)
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Convenience Store in Mesquite, NV | 325 N Sandhill Blvd
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