C & R Center | 100% Leased Retail Center, Consisting of 2 Buildings in N. Las Vegas

$3,150,000

2560 Las Vegas Boulevard North, North Las Vegas, NV 89030

For Sale

Retail Strip Center

Active

Last Updated: 01/13/2025

Details:

Cap Rate: 7.2%

NOI: $226,388

Building Size: 10,560 sqft

Lot Area: 1.16 acres

Occupancy: 100%

Class: B

Lease Type: Triple Net

Year Built: 1978

Price Per Sqft: $298

Zoning: C-2

Offered by Broker

Andrew Levy

Broker/Salesman

ERA Brokers Consolidated

#BS.0007575

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Highlights:

2 buildings, free-standing mini market and multi-tenant retail building (2 separate parcel #s)
Las Vegas Blvd N. frontage with major bus stop infront of property.
Seller will consider 'seller carryback' to a qualified buyer
100% occupied with Long-term tenants with NNN leases.
Less than 1-mile north of NLV City offices surrounded by residential and commercial users.
Mini market (2564) has gaming and fresh meat & produce sales.
Working class neighborhood

Description:

2560 & 2564 Las Vegas Blvd. N. consists of 10,560 SF of retail space. 2564 is a free-standing mini mart of 2,880 SF and multi-tenant building (2560) consists of 8 bays of 960 SF each. 100% occupied with a few long-term tenants that all are on NNN leases.... annual 3% cost of living rent increases.
New roof completed (2/2024) on the 2560 building with a 10-yr warranty. Parking lots have been resurfaced and re-stripped.