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11 South Stephanie Street

Updated Feb 27, 2025

Tavaco Properties Sells Retail Asset On South Stephanie Street In Henderson For $30.6M
SOLDRetail

Tavaco Properties Sells Retail Asset On South Stephanie Street In Henderson For $30.6M

11 South Stephanie Street

$30,600,000

$336/SF

Building Size

91,001 SF

Asset Type

Retail

Closing

Feb 6, 2025

About this deal

AI

The property asset involved in this transaction is a retail space located at 11-43 South Stephanie Street, Henderson, NV. The sale price for this asset was $30,600,000, covering an area of 91,001 square feet, which equates to a price per square foot of $336.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $30,600,000
  • Address: 11-43 South Stephanie Street
  • Market: Henderson, NV
  • Square Footage: 91,001
  • Price Per Square Foot: $336
  • Seller: Tavaco Properties - Andrew Tavakoli
  • Broker: Joel Nematzadeh - Rosewood Realty Group

Joel Nematzadeh from Rosewood Realty Group facilitated the sale of the Stephanie Beltway Plaza. For those looking to sell similar retail properties across the Sunbelt, Midwest and Mid-Atlantic regions, Joel can be contacted via office at (212) 359-9903, mobile at (516) 884-5632, or email at [email protected].

Players

Joel Nematzadeh

Rosewood Realty Group

Broker

$30.6M

vol

1 deal

Broker

Henderson Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $336 per square foot on a published $30.6M for 91,001 square feet (2025).

Visit Rosewood Realty Group to view all their deals.

Browse Henderson retail sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.52%

Cash-on-Cash

-0.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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