!! Reduced Price | Higher CAP !! Crown Jewel of NW Las Vegas Property For Sale!

$15,509,000

7575 Norman Rockwell Lane, Las Vegas, NV 89143

For Sale

Mixed Use Office/Retail

Active

Last Updated: 10/07/2024

Details:

Cap Rate: 7.15%

NOI: $1,108,908

Building Size: 45,134 sqft

Lot Area: 252,212 sqft

Price Per Sqft: $344

Tenancy: Multiple

Year Last Renovated: 2023

Offered by Broker

Chris Clifford

Partner

CAST

#S.0067842

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Highlights:

One-of-a-kind mixed use development
The only lifestyle center in the Northwest
Unique monthly artisanal market
Irreplaceable real estate and location – In the heart of the booming northwest submarket
Very well-maintained since acquisition
High barrier to entry
Repainted in April 2023 and new awnings in 2024
Located in a commercially underserved submarket, which should lead to strong demand and rent‑growth potential for years to come

Description:

Offered exclusively for sale, CAST introduces the OPPORTUNITY to PURCHASE the Seven (7) building Retail portion of a mixed-use office, retail, residential masterplan in the crown jewel of Northwest of Las Vegas. Over the past five years, the property has undergone many changes. Eggworks (a well known Las Vegas restaurant chain) bought land and built a new ±5,200 SF breakfast restaurant, additional tenants such as La Casa de Juliette, Featherblade, Nittaya’s Little Kitchen, Coffee Religion, and Sunstone Master Community Association have joined the community.