673 Mall Ring Cir

673 Mall Ring Cir Henderson, NV 89014

673 Mall Ring Cir, Henderson, NV, 89014
673 Mall Ring Cir, Henderson, NV, 89014 673 Mall Ring Cir, Henderson, NV, 89014 673 Mall Ring Cir, Henderson, NV, 89014 673 Mall Ring Cir, Henderson, NV, 89014 673 Mall Ring Cir, Henderson, NV, 89014
FOR SALE
Property Type:
Restaurant
Amount:
$2,560,000
Last Verified:
Jan 24, 2022

Highlights

  • • Pad building outside Sunset Galleria Mall
  • • Fully remodeled in 2016 (new roof and HVAC)
  • • Above the AUV (Average Unit Volume) for Blaze Pizza
  • • Strong Franchisee (12 Blaze Pizza Locations)
  • • Built out patio and deck
  • • Three (3) five (5) year options to renew
  • • Four (4) years and four (4) months remaining on base term

Description

673 Mall Ring Circle is a single tenant NNN retail pad at The Galleria at Sunset shopping center in Henderson, Nevada, leased to Blaze Pizza. Henderson is a rapidly growing submarket with population increases year over year.

This particular building was fully renovated in 2016 at the start of the Blaze Pizza lease term.

Property features include and are not limited to; 24 Hour Access, Air Conditioning, Atrium, Balcony, Banking, Bus Line, Controlled Access, Commuter Rail, Courtyard, Dedicated Turn Lane, Food Court, Freeway Visibility, Hotel, Metro/Subway, Property Manager on Site, Pylon Sign, Restaurant, Signage, Signalized Intersection, Tenant Controlled HVAC, Waterfront, Kiosk/Cart Space, and a Skyway.

With 4.5 years remaining on the initial term and options to renew, we believe this is a great opportunity with a great tenant. This particular franchisee has 11 other locations as well as an investment in other franchise brands. This Blaze Pizza is and has always been above the Average Unity Volume (AUV) for the chain.

Pad building located adjacent to the Galleria at Sunset shopping mall.


Year Built: 1997
Building Size: 2560sq ft
Lot Size: 0.54 acres

Map of 673 Mall Ring Cir, Henderson, NV, 89014

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