Property Intelligence · Net-lease

3550 W Sahara Ave

net-lease, built 1978

LAS VEGAS, NV 89102 · Las Vegas-Henderson-North Las Vegas, NV

APN / AIN

16205402005

Type

Net-lease

Built

1978

Building SF

28,558

Owner

S C P 2006-C23-094 L L C

Assessed

$1.2M

AcquiOS Quick Add · free read

90 datapoints unlocked · the platform adds AcquiScore, your deal documents, and underwriting into your templates

Cap-driven valuation

A 1978-vintage net-lease asset in the Las Vegas-Henderson-North Las Vegas market presents a straightforward income play anchored by operational history spanning over four decades. Absentee ownership introduces a marginal negotiation variable in an otherwise opaque data set.

Verdict

Value is NOI ÷ cap. A market cap benchmark isn't published for this property, so the lease terms and tenant credit drive the number — bring the OM's NOI to firm it up.

Absentee owner

Owner's mailing address differs from the site, suggesting potential motivation to transact.

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Subject · rooftop 1 / 2 / 3-mi radius 36.14546, -115.18893

Subject & Parcel

parcel record

Asset

Year built

1978

Building SF

28,558

Ownership

Owner

S C P 2006-C23-094 L L C

Absentee owner

Yes

Site address

3550 W SAHARA AVE

County

clark

Valuation · assessor

Assessed total

$1,196,649

Land value

$696,364

Improvement value

$500,285

Opportunity zone

Last sale

2007-09-04

Cap Context

two-basis

Cap bases are never blended: appraisal (CMBS/ABS-EE, decimal) vs transaction (net-lease REIT cash cap, percent) — different corpora and definitions. Appraisal caps reflect underwriting at origination and can lag current-market pricing.

Lease Reference

national

WACC · net-lease REIT

Reference WACC

6.00%

Accretion floor

3.95%

Acq cash cap

7.10%

Implied spread

+110 bps

Lease norms · portfolio

Median WALT

9.7 yrs

Median escalation

1.75%

REITs

WACC + lease norms are national net-lease-REIT references, not property-specific.

Tenant

credit

No tenant supplied — pass ?tenant=<name> for the credit dossier.

Demand

metro

Metro demographics

Population

2.41M

Pop CAGR · 5-yr

1.13%

Domestic migration

0.35%

Job growth · 1-yr

2.40%

Avg weekly wage

$1,250

Median HH income

$73,845

Risk

sector CMBS

National CMBS all-sector distress panel — a sector leading indicator, not a property-level read.

Property Tax

county

Effective rate & reassessment

Effective rate

0.52%

Rate source

county_acs

Resets on sale

county effective rate + state reassessment rules — not a property-specific quote

The platform · locked

AcquiScorePlatform

Scores this deal 0 to 100 against filing-grade benchmarks and ranks it in your pipeline next to every deal you track.

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Validate the OMPlatform

Send the OM. It reads rent growth, exit cap, opex, and taxes, then flags every assumption that doesn't clear the bands in this report.

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Your templatePlatform

Extracts the OM, T-12, and rent roll, then underwrites into your Excel template. Your tabs, your macros, untouched.

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This read vs the platform

You just read AcquiOS Quick Add. Here is what the platform adds.

AcquiOS Quick Add is the same 100+ datapoint pull that runs when a deal enters the AcquiOS platform. The platform turns the read into an underwriting: your documents, your templates, your pipeline.

	AcquiOS Quick Add · this report · free	AcquiOS platform · book a demo
Inputs	Public + filing-grade data on the address	Adds your documents: OM, T-12, rent roll
Valuation	Comps-based range and cap band	Full DCF in your Excel template, your assumptions
Assumptions	Market bands to check by hand	OM assumptions auto-validated against the bands, variances flagged
Scoring	Not included	AcquiScore 0 to 100, ranks your whole pipeline
Documents	Address only	OM, T-12, rent roll extracted in minutes
Volume	1 address per week	Unlimited, email-to-deal
Output	Watermarked web dossier	Excel model, IC memo deck, your templates

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