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385 East Silverado Ranch Boulevard
Las Vegas, NV 89183
Asking Price
$5.32M
Cap Rate
5.75%
Asset Type
Pharmacy/Drug Retail
Class
Class B
What's Special
Absolute NNN 15-Year Lease <p><strong>Absolute NNN Lease | Corporate Guarantee</strong></p><p>• Walgreen’s Co. Corporate Guarantee</p><p>• 15-Year Absolute NNN lease with twelve 5-year extension terms</p><p>• 5% rental increases every 5 years, including options</p><p></p><p><strong>Top Performing Location | Desirable Retail Corridor</strong></p><p>• Top 10* Performing Store in Nevada with 528,000+ visits per year (*PlacerAI)</p><p>• Located within the highly desirable Silverado Ranch retail corridor with maximum street v
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NOI
$80,000
Cap Rate
1.50%
DSCR
0.25
Underwater
Cash-on-Cash
-14.77%
Monthly Payment
$26,305.615
Annual Cash Flow
$-235,667.379
