Valley Bank of Nevada

6385 Simmons St., North Las Vegas, NV 89031

— For Sale —

List Price$5.0MM

Size +/- 5,930 SF

Cap Rate 4.26%

Property Information

LOGIC Commercial Real Estate is pleased to exclusively offer the opportunity to purchase fee simple interest in a STNL Valley Bank of NV sale-leaseback. The Valley Bank of NV has occupied this building since 2008 and will enter into a brand new 120-month absolute NNN lease at the close of escrow. The +/- 5,930 SF building with drive thru is shadow-anchored by Natural Grocers and serves as a mission critical “main bank” location housing the corporate mainframe, central vault and note department. Valley Bank of NV was established by Las Vegas bankers and community leaders in 2005 and was most recently recognized by Newsweek Magazine as the 2022 Best Small Bank in Nevada.

Built in 2007, the asset is located on the signalized hard corner intersection of Centennial Pkwy., Simmons St., and Aliante Pkwy. with traffic counts of +/- 38,800 CPD and is strategically located less than 1-mile from the CC 215 Beltway (+/- 31,000 CPD). The property services a dense and mature nearby demographic of +/- 306,121 residents with an average household income of +/- $80,877 within a 5-mile radius. Additional nearby co-tenants include Walgreens, Tire Choice, Dutch Bros, Jack in the Box, Jackpot Joanie’s, Village Pub, and La Petite Academy Preschool.

Contact

Shareholder

Adam Malan

Partner
Las Vegas
License S.0063542.LLC
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O 702.954.4105
C 702.449.1180
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Brokerage

Deana Marcello

Executive Vice President
Las Vegas
License S.0174174
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O 702.954.4104
C 702.375.1022
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