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1490 E Quartz Ave

10,500 SF Retail Building Sandy Valley, NV 89019 £2,201,814 (£210/SF) 5% Net Initial Yield

Investment Highlights

  • Stable Income - Ease of Management (10 yr. lease with options, minimal mgmt. responsibilities, newly built in 2022)
  • Perfect 1031 Exchange Property (new construction, single-tenant net leased investment)
  • Sandy Valley, NV, approximately 45 minute drive to Las Vegas

Executive Summary

This offering includes a newly built Dollar Tree combo store located in Sandy Valley, Nevada. The building consists of approximately 10,500 square feet and resides on 1.88 acres. This combo store is on an initial lease term of 10-years with four 5-year renewal options. The company operates 15,500+ stores across 48 states and five Canadian provinces. This net leased investment is perfect for an investor looking for a stable income property with minimum management responsibilities.

Attachments

Sandy Valley Offering Memorandum 110823-v2

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,500 SF
Building Class
B
Year Built
2022
Price
£2,201,814
Price Per SF
£210
Net Initial Yield
5%
NOI
£110,091
Tenancy
Single
Number of Floors
1
Building FAR
0.13
Lot Size
1.88 AC
Zoning
C-2 - General Commercial

Links

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PROPERTY TAXES

Parcel Number 201-32-410-018 Improvements Assessment £367,861
Land Assessment £11,091 Total Assessment £378,952

PROPERTY TAXES

Parcel Number
201-32-410-018
Land Assessment
£11,091
Improvements Assessment
£367,861
Total Assessment
£378,952
(702) 733-3622 x1022

Contacts

  • Listing ID: 30048101

  • Date on Market: 13/11/2023

  • Last Updated:

  • Address: 1490 E Quartz Ave, Sandy Valley, NV 89019

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© 2024 CoStar Group

1490 E Quartz Ave
(702) 733-3622 x 1022

1490 E Quartz Ave

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J Dapper

(702) 733-3622

x1022

(702) 733-3622 x1022

Andrea Santanna

(702) 378-1375

(702) 378-1375

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