Description
The Walgreens property at Cheyenne Avenue and Rampart Boulevard is an approximately 13,805-square-foot freestanding pharmacy on about 1.47 acres in northwest Las Vegas. It includes drive-through pharmacy service and building and pylon signage. Colliers is marketing the single-tenant investment under an absolute NNN lease.
Reported traffic at the signalized intersection exceeds approximately 54,000 vehicles daily, with Interstate 11 nearby. The location serves the Summerlin, Pueblo and Desert Shores communities and is near MountainView Hospital, Summerlin Hospital, Suncoast and Rampart casinos. The offering reports approximately 362,317 residents and annual household income of $112,345 within five miles. Buyers can review the executed lease, tenant obligations and local trade-area information with the broker.
Offering Summary
- Asking Price$5,320,000
- Property TypeRetail
- Size13,805 SF
- Occupancy100%
- Built1998
- Total Acres~1.47 ac
Sale Details
- Cap Rate5.75%
- NOI$305,910
Documents
Property Address
Property Details
- Property Type
Retail - Occupancy
100% - Year Built
1998 - Lease Type
Absolute Net - Zoning
Limited Commercial (C-1) - APN
138-08-811-004 - Gross Leasable Area
13,805 SF - Acres
1.47
Deal Team




