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470 E Windmill Ln
Las Vegas, NV 89123
Pad A · Retail Property For Sale
Investment Highlights
- Quintessential Strip Center – Leased to a synergistic line up of retail, service, entertainment, fitness, medical and QSR restaurant tenants
- Significant NOI Growth – Due to embedded increases and rolling below market rents, the Net Operating Income is expected to increase more than $539,000
- More than 12,900 residents with an Average Household Income exceeding $128,700 within a 1-mile radius
- Recent Leasing Momentum – Renewals or signed new leases on ±27% of the RSF demonstrating the continued strong leasing activity & tenant loyalty
- South East Las Vegas Retail Hub Location – The opportunity is located along E Windmill Lane (±24,266 CPD) between Amigo Street & Bermuda Rd (±9,307)
Property Facts
Property Type
Retail
Building Size
49,763 SF
Building Class
B
Year Built/Renovated
2008/2018
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
4.36 AC
Zoning
C-1
Parking
225 Spaces (4.52 Spaces per 1,000 SF Leased)
Frontage
65’ on E Windmill Ln
Amenities
- Bus Line
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 177-10-411-001 | Improvements Assessment | $2,048,141 |
| Land Assessment | $1,046,945 | Total Assessment | $3,095,086 |
Property Taxes
Parcel Number
177-10-411-001
Land Assessment
$1,046,945
Improvements Assessment
$2,048,141
Total Assessment
$3,095,086
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