Gerry’s Marine

  • $1,950,000
1090 E Lake Mead Pkwy - Henderson, NV 89015
For Sale

Gerry’s Marine

1090 E Lake Mead Pkwy - Henderson, NV 89015
  • $1,950,000

Property Highlights

  • Gerry’s Marine, Inc. is a boat mechanical and repair shop sitting on roughly 1.21 AC of land
  • 1090 E Lake Mead Pkwy is comprised of a 5,472 SF showroom, a 3,312 SF service garage and a 1,550 SF Office along with +/-44,000 SF of secured lot
  • This investment is ideal for an owner-user or investor that can bring in a boat sales and storage component to either partner up with the existing Tenant or take over at the end of the Term
  • Less then half a mile from the entrance to Cadence a 2,200 acre planned community located just north and east of Lake Mead Parkway and Boulder Highway featuring a 50 acre central park and an additional 30 acres of walking and biking trails.
  • 1090 E Lake Mead Pkwy sees over 27,000 VPD pass by the site making it an ideal spot for a boat sale, repair and storage center as you head to/from Lake Mead Recreational Area
  • Property is priced below replacements costs at $221.99 PSF | Tenant is paying below market rent of $0.68 PSF per month on a double net basis – New Roof Oct 2023
  • Population Growth has exceeded 47.2% since 2000 | Daytime Population is 58,584 within a 3-Mile Radius

Details

  • Price: $1,950,000
  • Year Built: 1999/2020
  • Property Type: Single Tenant
  • Property Status: For Sale

Additional Details

  • Price/SF: $221.99
  • Rentable Area: 10,334 SF
  • Parking: 18 Spaces
  • Parking Ratio: 5.49/1,000 SF
  • Zoning : CC
  • Address 1090 E Lake Mead Pkwy
  • City Henderson
  • State/county Nevada
  • Zip/Postal Code 89015

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