800 Buchanan Blvd
Boulder City, NV 89005
99 Cents Only · Retail Property For Sale

99 Cents Only Stores | 8-Yr Corp NNN w/ Increases SRS National Net Lease Group is pleased to present the opportunity to acquire the fee simple interest (land & building) in a freestanding, net leased, corporate guaranteed, 99 Cents Only Store located in Boulder City, NV. The tenant, 99 Cents Only Store, has 8 years remaining in the primary term. The lease features an 8% rental increase in less than 3 years and at the beginning of each 4 (5-year) option period, which generates NOI growth and hedges against inflation. The 99 Cents Only Store is part of Los Posadas center, a 90,715 SF center. The subject property is located at the hard corner intersection of Highway 39 and Buchanan Blvd / U.S. Highway 93 (36,300 combined vehicles per day) with excellent visibility. There are 20,000 residents with an average household income of $74,300 within 5 miles of the subject property. Additionally, the trade area is supported by more than 7,500 employees within a 5-mile radius.