Log In/Sign Up
Your email has been sent.
Starbucks | New 10yr Corp NN 7690 S Durango Dr 907 SF Retail Building Las Vegas, NV 89113 $2,650,000 ($2,921.72/SF) 4.91% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New 10-Year Lease | Options To Extend | Brand New Construction | Scheduled Rental Increases
- Signalized, Hard-Corner Intersection (64,900 VPD) | Retail Corridor | Strong National/Credit Tenant Presence
- NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
EXECUTIVE SUMMARY
• The tenant, Starbucks Corporation, recently signed a brand new 10-year lease with 4 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation
• The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
907 SF
Building Class
C
Year Built
2025
Price
$2,650,000
Price Per SF
$2,921.72
Cap Rate
4.91%
NOI
$130,008
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.72 AC
Zoning
C-1
Parking
27 Spaces (29.77 Spaces per 1,000 SF Leased)
Frontage
500’ on Durango Drive
AMENITIES
- Corner Lot
- Dedicated Turn Lane
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Starbucks
- Accommodation and Food Services
- 907 SF
- -
- Double Net
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Starbucks | Accommodation and Food Services | 907 SF | - | Double Net | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 176-09-210-005 | Improvements Assessment | $379,600 |
| Land Assessment | $290,814 | Total Assessment | $670,414 |
PROPERTY TAXES
Parcel Number
176-09-210-005
Land Assessment
$290,814
Improvements Assessment
$379,600
Total Assessment
$670,414
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Starbucks | New 10yr Corp NN | 7690 S Durango Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.