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4500 E Bonanza Rd 12,320 SF 100% Leased Retail Building Las Vegas, NV 89110 $4,218,065 ($342.38/SF) 6.75% Cap Rate
Executive Summary
Bonanza Lamb Business Park presents the opportunity to acquire a stabilized, multi-tenant retail and business park investment located along East Bonanza Road, one of the primary commercial corridors serving the eastern Las Vegas Valley. The 12,320-square-foot property is occupied by 17 tenants operating under predominantly triple-net lease structures, providing investors with a diversified and durable income stream. Many tenants have recently executed new lease agreements, demonstrating long-term commitment to the property while providing near-term cash flow stability. Positioned on approximately 1.09 acres with 621 feet of frontage and exposure to more than 26,700 vehicles per day, the asset benefits from exceptional visibility, convenient access to Interstate 95, and strong surrounding retail synergy from numerous national and regional retailers. Offered at a 6.75% capitalization rate, Bonanza Lamb Business Park provides investors with stable in-place income, tenant diversification, and the opportunity to benefit from the continued growth, investment, and favorable economic fundamentals that have made Las Vegas one of the nation's most sought-after commercial real estate markets.
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Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
12,320 SF
Building Class
B
Year Built
1997
Price
$4,218,065
Price Per SF
$342.38
Cap Rate
6.75%
NOI
$284,719
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
1.09 AC
Zoning
C-1 - Limited Commercial District
Parking
47 Spaces (3.81 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 140-29-411-217 | Improvements Assessment | $355,866 |
| Land Assessment | $157,871 | Total Assessment | $513,737 |
Property Taxes
Parcel Number
140-29-411-217
Land Assessment
$157,871
Improvements Assessment
$355,866
Total Assessment
$513,737
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