2987 N Las Vegas Blvd.
$8,126,000
2987 Las Vegas Boulevard North, North Las Vegas, NV 89030
7.25
Cap Rate
589,200
NOI
Details:
Highlights:
- Stabilized Asset with Redevelopment and/or Mark-to-Market Rent Upside
- New Absolute NNN 5-Year Master Lease backed by a proven operator
- Strong Traffic, Excellent Visibility and Regional Access
- Versatile Redevelopment Potential
- Dynamic North Las Vegas Submarket Growth
- Flexible Seller Financing Available
Description:
Colliers is pleased to exclusively offer for sale 2987 Las Vegas Boulevard North, a ±50,358 square foot flex industrial/retail asset situated on a ±3.8 acre site boasting 430 linear feet of frontage on Las Vegas Boulevard. Previously home to Supermercado del Pueblo, the property benefits from a new 5-year master lease backed by a proven operator and presents investors with a unique value-add opportunity through redevelopment and/or mark-to-market rent upside as the master lease expires. With its flexible zoning, prominent Las Vegas Blvd frontage and convenient access to major highways, the asset is well-positioned to serve a variety of commercial uses.
Flexible Seller Financing Available - Contact broker for details
Documents:
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Offering Memorandum
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Location
Gallery
