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Southend on Water 314 S Water St

14,474 SF 100% Leased Office Building Henderson, NV 89015 £4,538,210 (£314/SF) 6% Net Initial Yield

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Investment Highlights

Premier Triple Net Investment Opportunity in Downtown Henderson!

Executive Summary

Hiltz Commercial Group is proud to present 314 S Water Street, a fully leased NNN investment property in the heart of Henderson’s Water Street District. Built in 2016 and designed by a top national architecture firm, this modern, mixed-use property is anchored by long-term, credit tenants on triple-net (NNN) leases, offering a stable, passive income stream for investors.
Ideally situated in the revitalized Water Street District, this asset benefits from its proximity to major destinations, including the American First Center, City Plaza, City Hall, and a growing variety of new restaurants and businesses. With convenient access to Lake Mead Parkway, US 95, the 215 Beltway, and close to the rapidly expanding Cadence master-planned community, 314 S Water Street is a rare chance to own a fully stabilized, turn-key investment in one of the most sought-after areas in Henderson.

314 S Water Street_OM Short

Property Facts

Sale Type

Investment NNN

Property Type

Office

Property Subtype

Office/Residential

Building Size

14,474 SF

Building Class

Year Built

2017

Price

£4,538,210

Price Per SF

£314

Net Initial Yield

NOI

£272,293

Percent Leased

100%

Tenancy

Multiple

Number of Floors

Typical Floor Size

7,237 SF

Building FAR

1.89

Lot Size

0.18 AC

Zoning

DX - Downtown Mixed-Use (DX)

Lage Design
-
99,999 SF
-
-
-

Public Works Coffee Bar
Construction
99,999 SF
-
-
-

Professional, Scientific, and Technical Services
99,999 SF
-
Lorem Ipsum
-

Founded in 1960, tsk - formerly Tate, Snyder, Kimsey Architects, is an international planning & design firm. They have offices in Nevada and California and are proud to serve clients across the United States through our partnership with MOREgroup. When it comes to the design of an architectural project, the concerns and ideas of all contributors are considered. The people who live and work in the places they design and build will have a more intimate relationship with the buildings than they will. They measure themselves through the ability to design projects that inspire clients and that realize their values, needs, resources and expectations. They aspire to design projects that span decades. For their work to outlive them, they consider not only the cost of what it takes to raise a building, but also the costs it takes to maintain it.

Tenant	Industry	SF OCCUPIED	RENT/SF	Lease Type	Lease End
Lage Design	-	99,999 SF	-	-	-
Public Works Coffee Bar	Construction	99,999 SF	-	-	-
	Professional, Scientific, and Technical Services	99,999 SF	-	Lorem Ipsum	-