Crossroads at Sunset | 1445 W Sunset Rd
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Crossroads at Sunset 1445 W Sunset Rd
39,586 SF 100% Leased Retail Building Henderson, NV 89014 £12,347,850 (£312/SF) 6.82% Net Initial Yield
Investment Highlights
- Crossroads at Sunset is an approximately 40,000 sq. ft. shopping center, which includes Golden Corral, Barbeques Galore, Hallmark, and more.
- All tenants are responsible for paying their full pro-rata share of common area maintenance (CAM) expenses, property taxes, insurance and management.
- The weighted-average lease term remaining for tenants is over seven (7) years.
- Close to 80% of the Gross Leasable Area (GLA) at Crossroads at Sunset is leased to strong national and regional tenants.
- Crossroads at Sunset boasts a 100% occupancy rate, with no current vacancies.
- Most leases at Crossroads at Sunset include strong scheduled rent increases.
Executive Summary
Outstanding, National and Regional Credit Grocery Anchored Investment with Complementary Tenant Mix in the High Growth Market of Henderson, NV. Located at the Intersection of Sunset Rd. and Stephanie St. with over 67,000 VPD.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Building Size
39,586 SF
Building Class
B
Year Built/Renovated
1996/2022
Price
£12,347,850
Price Per SF
£312
Net Initial Yield
6.82%
NOI
£842,709
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Loading Docks
2 Exterior
Building FAR
0.43
Land Acres
2.12 AC
Zoning
CC
Parking
800 Spaces (20.21 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Route
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalised Intersection
Space Availability
- Space
- Size
- Space Use
- Position
- Available
JR Anchor Space. Former American Freight. Roll up door with dock. Excellent Store Front Signage.
Space | Size | Space Use | Position | Available |
1437 | 17,490 SF | Retail | - | Jan 2025 |
1437
Size |
17,490 SF |
Space Use |
Retail |
Position |
- |
Available |
Jan 2025 |
1437
Size | 17,490 SF |
Space Use | Retail |
Position | - |
Available | Jan 2025 |
JR Anchor Space. Former American Freight. Roll up door with dock. Excellent Store Front Signage.
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 178-04-716-013 | Improvements Assessment | £2,449,255 |
Land Assessment | £1,436,515 | Total Assessment | £3,885,770 |
PROPERTY TAXES
Parcel Number
178-04-716-013
Land Assessment
£1,436,515
Improvements Assessment
£2,449,255
Total Assessment
£3,885,770
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Crossroads at Sunset | 1445 W Sunset Rd
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