7050 S Durango Dr
Las Vegas, NV 89113
Starbucks · Retail Property For Sale

20 Year Absolute NNN Starbucks - 2016 Construction Marcus & Millichap is pleased to present a brand new 2016 construction corporate guaranteed Starbucks, a single tenant net leased investment located in a 100% occupied shopping center in Las Vegas, Nevada. This offering is very rare as it has no kick out clauses and is an absolute net 20 year lease. Located on the signalized northeast corner of Arby Avenue and Durango Drive, the newly built Starbucks includes a drive thru exposed to over 44,000 cars per day. The property is a pad in a 72,007 square foot shopping center, The Durango Arby Plaza, that sits on a 7.16 acre site and services the communities of the greater Las Vegas and Henderson area. Starbucks (NASDAQ:SBUX) signed a rare 20-year lease with three, 10-year options. In 2015, Starbucks had sales of $19.16 billion between their more than 24,400 locations. There are more than 258,000 people whom reside within a five mile radius surrounding the property with an average household income equal to approximately $75,461 per year and expected to grow 20 percent within the next five years. Traffic Counts on the corner of Badura Avenue and Durango Drive are approximately 44,847 per day and the Highway 215 approximate 150,000 vehicles per day.