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Shopping Strip

Centennial Corporate Center Pads | MedTail - A Location

5570 Painted Mirage Rd, Las Vegas, NV 89149

Listing Price: $5,750,000

Cap Rate
6.84%
Gross SF
10,852
Rentable SF
10,852
Price/Gross SF
$529.86
Lot Size
1.85 acres
Year Built
2005

Investment Overview

Prime Centennial Shopping District Location | Situated at the entrance of Centennial Gateway

Investment Highlights

  • 100% Net Leased Med-Tail Center in Highly Desirable Centennial Submarket of Las Vegas | Long-Term Tenancy
  • Centennial Corporate Center Pads feature 5 suites with an average size of +/-2,170 SF totaling +/-10,852 SF sitting on roughly 1.85 Acres of Land
  • High Barriers to Entry Submarket | Located in the highly desirable Centennial submarket (Northwest Las Vegas)
  • Centennial Corporate Center Pads feature a synergistic mix of medical and retail tenants | Internet resistant rent roll
  • I-95 Exposure: Property is a pad to Centennial Corporate Center and the I-95 with exposure to over 127,000 VPD
  • Centennial Area of Las Vegas has the lowest overall retail vacancy valleywide at 1.8% (Q4 2023)
  • Affluent Trade Area with Average Household Income Exceeding $103,445 and High Population Growth Over 11.9% through 2027
  • Centennial Corporate Center features a top performing Crumbl Cookie and a top performing Cracked Egg

Exclusively Listed By

Financing By

Shopping Strip

Centennial Corporate Center Pads | MedTail - A Location

Listing Price: $5,750,000

Cap Rate
6.84%
Gross SF
10,852
Rentable SF
10,852
Price/Gross SF
$529.86
Lot Size
1.85 acres
Year Built
2005

Investment Highlights

  • 100% Net Leased Med-Tail Center in Highly Desirable Centennial Submarket of Las Vegas | Long-Term Tenancy
  • Centennial Corporate Center Pads feature 5 suites with an average size of +/-2,170 SF totaling +/-10,852 SF sitting on roughly 1.85 Acres of Land
  • High Barriers to Entry Submarket | Located in the highly desirable Centennial submarket (Northwest Las Vegas)
  • Centennial Corporate Center Pads feature a synergistic mix of medical and retail tenants | Internet resistant rent roll
  • I-95 Exposure: Property is a pad to Centennial Corporate Center and the I-95 with exposure to over 127,000 VPD
  • Centennial Area of Las Vegas has the lowest overall retail vacancy valleywide at 1.8% (Q4 2023)
  • Affluent Trade Area with Average Household Income Exceeding $103,445 and High Population Growth Over 11.9% through 2027
  • Centennial Corporate Center features a top performing Crumbl Cookie and a top performing Cracked Egg

Investment Overview

Prime Centennial Shopping District Location | Situated at the entrance of Centennial Gateway

Exclusively Listed By

Financing By

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