101 E Lake Mead Pkwy - Henderson, NV 89015
Walgreens Pharmacy (NASDAQ: WBA) | Absolute Net Lease with ±6.5 years remaining
Excellent Visibility & Exposure | Hard corner at a signalized intersection which sees over 63,700 VPD (2021)
Strategic Retail Location | Shadow anchored by Walmart, Albertsons and St. Rose Hospital
No Options to Extend Remaining | Strong market conditions in Henderson | Rent growth is 9.9% YoY
Located within close proximity to the new Cadence Master Planned Community (11,000 households) | Subject property is strategically located on the travel path of Cadence residents driving home from work.
The City of Henderson is re-developing the former Fiesta Casino into a Community Sports Facility (35 AC). | Subject property is a 6-minute drive away from the new project.
The City of Henderson is investing $135 million to improve and upgrade Henderson’s portion of Boulder highway.
Growth and Development in Henderson’s Historic Water Street District | Silver Knights (NHL’s Golden Knights affiliate) new Lifeguard Arena (.7 miles away) | The Watermark (Strada Development Group) is a 135 unit mixed-use project (.7 miles away) | The Waterfalls (Strada Development Group) is a 22 story project with 110 hotel rooms and 250 apartments (.4 miles away on Lake Mead Pkwy)
Excellent Demographics | Population growth over the next 5-years is projected at 14.08% | Households: 32,395 (3-miles) | Average Household Income: $87,633 (3-miles)
Located in the highly desirable Henderson submarket | Continued migration of high quality companies and residents to the Las Vegas metropolitan area (populace is forecast to increase by nearly 6% over the next 5 years.)
Nearby National Tenants | Albertsons grocer, Circle K, Walmart Supercenter, Planet Fitness, Little Caesars, McDonald’s, Chipotle, and Chase bank
Nevada is 1 of 8 states with no personal income tax.