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Restaurant

Hog & Tradition BBQ | Prime Retail Building with Drive-Thru

221 N Stephanie St, Henderson, NV 89074

Listing Price: $4,450,000

Cap Rate
5.57%
Tenant Name
Hog & Tradition BBQ
Years Remaining On Lease
8.9
Guarantor
Franchisee Guarantee
Rentable SF
4,317
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$57.38

Investment Overview

Surrounded by High-Performing National Retailers: Walmart, Goodwill, Panda Express, El Pollo Loco, Qdoba, and Dutch Bros are all nearby, attracting a consistent flow of consumers and creating strong retail synergy.

Investment Highlights

  • A versatile retail property presenting investors or owner-users w/ the flexibility to either purchase & negotiate an early exit for the existing tenant or retain the tenant & benefit from its cash flo
  • Industrial & Logistics Expansion: Las Vegas has become a major distribution and logistics hub, boasting over 160 million SF of industrial space and record-low 3.4% vacancy rates
  • Retail Growth & High Demand: The retail vacancy rate in Henderson is below 5%, with lease rates increasing by 6.2% year-over-year, reflecting strong demand from national and regional tenants.

Exclusively Listed By

  • Dustin R. Alvino

    Senior Vice President Investments

    (702) 215-7120

    Email Dustin

    License(s): NV: BS.0143692, NJ: 2294556

    Las Vegas

Restaurant

Hog & Tradition BBQ | Prime Retail Building with Drive-Thru

Listing Price: $4,450,000

Cap Rate
5.57%
Tenant Name
Hog & Tradition BBQ
Years Remaining On Lease
8.9
Guarantor
Franchisee Guarantee
Rentable SF
4,317
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$57.38

Investment Highlights

  • A versatile retail property presenting investors or owner-users w/ the flexibility to either purchase & negotiate an early exit for the existing tenant or retain the tenant & benefit from its cash flo
  • Industrial & Logistics Expansion: Las Vegas has become a major distribution and logistics hub, boasting over 160 million SF of industrial space and record-low 3.4% vacancy rates
  • Retail Growth & High Demand: The retail vacancy rate in Henderson is below 5%, with lease rates increasing by 6.2% year-over-year, reflecting strong demand from national and regional tenants.

Investment Overview

Surrounded by High-Performing National Retailers: Walmart, Goodwill, Panda Express, El Pollo Loco, Qdoba, and Dutch Bros are all nearby, attracting a consistent flow of consumers and creating strong retail synergy.

Exclusively Listed By

  • Dustin R. Alvino

    Senior Vice President Investments

    (702) 215-7120

    Email Dustin

    License(s): NV: BS.0143692, NJ: 2294556

    Las Vegas

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