STNL Better Buzz Coffee Roasters NEC E Lake Mead Pky and N Water St 1,740 SF 4-Star Retail Building Henderson, NV 89015 $2,560,000 ($1,471.26/SF) 6.25% Cap Rate

Colliers is pleased to exclusively offer the opportunity to acquire the leasehold interest (building ownership) in a new construction single-tenant net-leased Better Buzz with double drive-thru located in Las Vegas, NV. The property consists of a ±1,740 SF freestanding building and benefits from a 15-Year Absolute NNN lease, with four (4), five year options to extend.
This newly constructed Better Buzz is adjacent to St. Rose Dominican Hospital (326 beds, 3,400 employees), and a new construction Raising Cane’s. The site is just north of several new mixed-use developments, the historic Water Street District, and the America First Center, home to the Silver Knights hockey team.
Strategically located at the signalized intersection of E. Lake Mead Pkwy. and Water St., with combined traffic counts in excess of ±55,800 VPD, the site is 1-mile from the Interstate 11 and CC 215 Beltway interchange, which sees an additional ±293,100 VPD. The asset is well positioned within a high growth area of Henderson, NV, with national co-tenants within the area including Target, ROSS, Sprouts Market, Marshalls, ULTA, PetSmart, Walmart, and more.