Retail Business for Sale in Henderson, NV
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Henderson, NV 89012
Description
Positioned in the heart of Henderson’s established retail corridor, this 3,520 SF Jiffy Lube offers the blend net-lease investors prioritize: durable, needs-based demand, a scaled operator guaranty, and contractual rent growth over a long remaining term. The offering is anchored by a Team Car Care–guaranteed triple-net lease with 10.5 years of remaining term and 10% rent increases every 5 years, providing a clear path for income growth while maintaining the hands-off profile investors seek in single-tenant NNN assets. The site’s real estate fundamentals are equally compelling. Located along S Stephanie Street, a primary North/South arterial in Henderson, this store benefits from 21,721 vehicles per day and immediate proximity to daily-trip retail and national co-tenancy. The property sits near Stephanie Beltway Plaza and a 24/7 EoS Fitness location, strengthening traffic at multiple dayparts and supporting the “service retail” ecosystem surrounding the asset. Henderson’s demographic profile further reinforces long-term tenancy and consumer resilience: the immediate trade area reports a average household income of $111,262, and 8,874 households within a 1-mile radius a strong base of rooftops supporting recurring vehicle maintenance needs. This opportunity is backed by a metropolitan area with meaningful depth and liquidity. M&M Research Department reports Las Vegas retail vacancy at ~4.3% (Q4 2025) with weighted average asking rents ~ $1.90/SF NNN, signaling healthy retail fundamentals and sustained investor interest in well-located net lease real estate. Investment Highlights: • S. Stephanie delivers solid, stable performance: Complemented by below-market rent and operating costs, resulting in attractive margins. • Core, needs-based retail in a high-income Henderson trade area: Jiffy Lube quick-service car care benefits from recurring demand tied to household density, commuter patterns, and daily retail traffic— • Institutional-grade credit profile: Team Car Care
Market Context
This retail in Henderson, NV is listed for sale. It is offered at an approximate 5.3% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 68 days. Compare it against other retail listings for sale in Henderson, NV — <a href="/search/sale/retail/nevada/henderson">view the full market</a>.
As of Q1 2026, the Las Vegas retail market showed average asking rents near $32.55/SF/yr, rents up 5.8% year over year, and cap rates around 6.5%. Source: Consensus Q1 2026 market report.
Its 5.3% asking cap rate is below the Las Vegas retail market average of about 6.5%, reflecting premium pricing relative to comparable assets. Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Retail market FAQ
- What is the typical cap rate for retail in Las Vegas?
- About 6.5% as of Q1 2026, per Consensus.
Unified Estimate
Medium Confidence$22.66/SF – $30.66/SF
Mid: $26.66/SF
Rate-first confidence-weighted blend with cost-of-business adjustment.
Contact
- Dustin R. Alvino · (702) 215-7120 · dustin.alvino@marcusmillichap.com
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