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Cheyenne Marketplace – REEF Dispensaries (Curaleaf) Anchored Retail Center in North Las Vegas, NV

1370 West Cheyenne Avenue, North Las Vegas, NV, USA
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  • Cannabis Real Estate Listings | Cannabis Retail Properties For Sale
  • Cannabis Real Estate Listings | Cannabis Retail Properties For Sale
  • Cannabis Real Estate Listings | Cannabis Retail Properties For Sale
  • Cannabis Real Estate Listings | Cannabis Retail Properties For Sale
  • Cannabis Real Estate Listings | Cannabis Retail Properties For Sale
  • Cannabis Real Estate Listings | Cannabis Retail Properties For Sale
  • Cannabis Real Estate Listings | Cannabis Retail Properties For Sale
  • Cannabis Real Estate Listings | Cannabis Retail Properties For Sale
  • Cannabis Real Estate Listings | Cannabis Retail Properties For Sale
  • Cannabis Real Estate Listings | Cannabis Retail Properties For Sale
  • Cannabis Real Estate Listings | Cannabis Retail Properties For Sale
  • Cannabis Real Estate Listings | Cannabis Retail Properties For Sale

Listing ID : 486837

Posted on November 3, 2022 View Count 91

Price For Sale:
$24,750,000
Cap Rate:
6.36%
Size:
74,110 Sq. Ft.
Lot Size:
8.38 Acres
Utilities:
Electricity, City Water, Well Water, Solar, Garbage
Year Built:
2005
Cannabis or Hemp Use:
Cannabis Only
Terms of Sale:
Cash, Financing
Company Name:
Newmark Knight Frank
Phone:
702-405-1700
Email:
mike.zobrist@nmrk.com
Description :

Newmark Knight Frank (NKF) is pleased to present the opportunity to acquire Cheyenne Marketplace, a 74,110 square foot neighborhood shopping center located in North Las Vegas, Nevada.  Currently 96% leased, Cheyenne Marketplace is anchored by publicly traded companies such as Family Dollar Inc. (NASD: DLTR) and Curaleaf Holdings Inc. (OTCQX: CURLF). Nearly half of all leases are corporately backed by national tenants or multi-unit franchisee operators.  

Cheyenne Marketplace has been serving the surrounding community since 2005 and is located at the “main and main” intersection of Cheyenne Avenue and Martin L. King Boulevard traveled by  over 75,000 vehicles per day.  Between the robust daytime population of over 55,000 employees and more than 165,000 residents within 3 miles, the shopping center has proven to be a staple for the surrounding community.

Cheyenne Marketplace is situated on 8.38 acres and consists of four buildings and an ample surface parking ratio of approximately 5.58:1,000 RSF. The shopping center includes two streetfront multi-tenant pads, with an endcap drive-thru; a freestanding drive thru building and an inline retail building.  The pad buildings include Starbucks, Subway, Little Caesars, Rapid Cash, Carl’s Jr., Cricket Wireless and Roberto’s  Taco Shop.

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