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Winco Foods Enters The Las Vegas Market

Retailer Acquires Former SFR Development Bldg
March 9, 2011
Idaho-based Winco Foods, Inc. acquired 16.9 acres at 78 N. Stephanie St. in Henderson, NV for $7.1 million, or about $422,400 per acre.

The former single-family subdivision site was partially developed and contained a completed 30,000-square-foot structure that was originally built to house the subdivision's clubhouse. After the construction plans fell through, the site sat on the market for about a year. Winco purchased the site after obtaining a zoning change.

Now zoned commercial, the buyer plans to raze the existing clubhouse structure and rebuild a supermarket in its place. This will be the buyer's first foray into the Las Vegas market.

There were no realtors involved in this transaction.

Please refer to CoStar COMPS #2060641 for more information on this transaction.

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