221 N STEPHANIE ST

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221 N STEPHANIE ST

HENDERSON, NV 89074-8060
Asking Price
$4.50M
Cap Rate
5%
Asset Type
Retail
Class
Class B

What's Special

221 N. Stephanie St <p>LOGIC Commercial Real Estate is pleased to present the opportunity to acquire a freestanding retail building with drive-thru located at 221 N. Stephanie St. in Henderson, Nevada. The property consists of approximately ±4,317 square feet situated on ±0.80 acres and is currently vacant, offering a rare opportunity for an owner-user or investor to reposition a highly functional second-generation restaurant asset.</p><p></p><p>Strategically located along N. Stephanie Street and American Pacific D

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NOI
$80,000
Cap Rate
1.78%
DSCR
0.30
Underwater
Cash-on-Cash
-13.86%
Monthly Payment
$22,263.545
Annual Cash Flow
$-187,162.537

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