PreviousWalgreens on the Strip Triple Net Lease, Las Vegas Blvd., Las Vegas, Nevada
DISCOUNTED: 7%APPRAISED VALUE:
OFFERING PRICE: $49,000,000
Walgreens Pharmacy, 16,413 square feet, single tenant 50 year NNN lease. Corner location in the heart of the “Strip” Las Vegas, Nevada.
Walgreens Pharmacy - 3025 South Las Vegas Boulevard. One story retail building in the heart of the “Strip”. Corner location on Las Vegas Boulevard and Convention Center Drive.
Directly across from echelon place, a $4.8 billion, 8,800 room ultra megaresort.
Due to be completed in 2010.
Two blocks west of the las vegas convention center.
Average daily traffic count of 59,750 cars per day.
Standard and poor’s a+ single tenant occupant.
50 year nnn lease with 9% rent increases every ten years.
70,132 square foot lot in the mud 1 and gaming enterprise overlay districts.
Zoned for future hotel/casino and condominium development.
Within 2 blocks of Wynn Las Vegas, Riviera Hotel and Casino, Circus Circus, Fashion Show Mall and Trump International Tower.
Three multi-billion dollar casino development projects within 2 blocks.
Contact Phone Number: 702-882-8657
Contact E-mail address: jjarelldlgrealty@yahoo.com
Brokerage Name: DLG Realty & Investments
Submitted by: admin
Property ID Number: 51
Property ID Name: Walgreens (on the strip)
Added: Fri May 09 2008
