 |
| Walgreens |
|
 |
|
|
To view address, login above or register.
Las Vegas, NV 89130
Clark County
United States |
$7,080,000
7.50% Capitalization Rate |
|
|
|
Las Vegas is the most populous city in the state of Nevada, the seat of Clark County, and an internationally renowned major resort city for the gaming industry, shopping, and entertainment. Las Vegas, billed as The Entertainment Capital of the World, is famous for massive and lavish casino resorts. The primary drivers of the Las Vegas economy have been the confluence of tourism, gaming, and conventions which in turn feed the retail and dining industries. The subject property is located 10 miles Northwest of Las Vegas Boulevard (Las Vegas Strip). Area tenants include: Rite Aid, Albertson’s, Starbuck’s, 7-11, Blockbuster, Papa Murphy’s Pizza, Sonic, Subway, Pizza Hut and Dairy Queen. |
| Lease Terms |
|
|
|
|
| Annual Rent |
$531,000 ($38.19 / sq. ft.) |
|
| Lease Commencement Date |
June 1, 1999 |
|
| Lease Expiration Date |
May 31, 2019 |
|
| Initial Lease Term |
20 Year |
|
| Renewal Options |
Eight (8) - 5 Yr Options |
|
| Lessor Responsiblity |
Roof & Structure |
|
| Lease Guarantor |
Walgreens
Trade Symbol: NYSE:WAG
S & P Rating: A+
Outlook: Stable |
| Property & Location |
|
|
|
|
| Building Size |
13,905 sq. ft. |
|
| Land Size |
1.5 acres |
|
| Parking |
Adequate |
|
| Local Tenants |
Rite Aid, Albertson’s, Starbuck’s, 7-11, Blockbuster, Papa Murphy’s Pizza, Sonic, Subway, Pizza Hut and Dairy Queen |
|
| Local Demographics |
|
|
|
|
| |
1 Mile
|
3 Mile
|
5 Mile
|
|
| To view this data, login above or register. |
|
| Financial Calculator | Scenario 1 | Scenario 2 |
You can use this calculator to compare two scenarios. Please be aware that there may be certain conditions which may make the figures calculated inaccurate. |
|
|
|
* Above information is subject to verification - no liability for errors or omission is assumed.
* Price subject to change and listing withdrawn without notice.
| |
Calculator 
|
