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