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Miscellaneous

Mattress Firm

196 N Nellis Blvd, Las Vegas, NV 89110

Listing Price: $1,850,000

Cap Rate
5.75%
Tenant Name
Mattress Firm - Net Leased
Years Remaining On Lease
4.4
Gross SF
4,550
Guarantor
Corporate Guarantee
Rentable SF
4,550
Price/Gross SF
$406.59
Lease Type
Double Net
Rent Per Square Feet
$23.37

Investment Overview

Marcus & Millichap is pleased to present this exclusive opportunity to acquire a single tenant net leased Mattress Firm with a corporate guarantee. Recently built in 2014, improvements comprise 4,550 square feet and situated upon .62 acres of land. Irreplaceable location central to the dominant regional trade corridor of the East Las Vegas submarket which frequently boasts one of the lowest vacancy rates in the Las Vegas Valley.

Investment Highlights

  • REPLACEABLE MARKET RENTAL RATE
  • LIMITED COMPETITION
  • MAXIMUM VISIBILITY | HIGH TRAFFIC LOCATION
  • DENSE RESIDENTIAL POPULATION
  • TOP-TIER LOCATION IN NATIONAL TENANT DEMAND
  • REPUTED TOP SELLING LOCATION

Exclusively Listed By

Financing By

Listing Price: $1,850,000

Cap Rate
5.75%
Tenant Name
Mattress Firm - Net Leased
Years Remaining On Lease
4.4
Gross SF
4,550
Guarantor
Corporate Guarantee
Rentable SF
4,550
Price/Gross SF
$406.59
Lease Type
Double Net
Rent Per Square Feet
$23.37

Investment Highlights

  • REPLACEABLE MARKET RENTAL RATE
  • LIMITED COMPETITION
  • MAXIMUM VISIBILITY | HIGH TRAFFIC LOCATION
  • DENSE RESIDENTIAL POPULATION
  • TOP-TIER LOCATION IN NATIONAL TENANT DEMAND
  • REPUTED TOP SELLING LOCATION

Investment Overview

Marcus & Millichap is pleased to present this exclusive opportunity to acquire a single tenant net leased Mattress Firm with a corporate guarantee. Recently built in 2014, improvements comprise 4,550 square feet and situated upon .62 acres of land. Irreplaceable location central to the dominant regional trade corridor of the East Las Vegas submarket which frequently boasts one of the lowest vacancy rates in the Las Vegas Valley.

Exclusively Listed By

Financing By

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