For sale Carl’s Jr. shadow anchored neighborhood shopping center in Las Vegas, NV.For more information please contact the listing agent, Roy Fritz, Direct: 702-968-7322 Cell: 702-482-9675 RoyF@suncommercialre.com

Posted: 03/26/2020 6:29 am | On HOMEiZ: 1497 days | Updated: 4 years ago | Views: 683

Location Map

Property Type

Property status

Sold

Property Price

Asking Price

$3550000

Last Sold Price

$3550000

Last Sold Date

03/06/2020

Total Lot Size

1.91 Acres

Asking Price per Sq. Ft.

$126

Total Building Size Sq. Ft.

28129

Commission Split %

Contact listing agent%

Cap Rate %

Gross Annual Income

Net Operating Income

Gross Rent Multiplier

0.00

Operating Expenses

Annual Property Tax Rate for this property

0.705%

Property tax total amount

$25028

Property Location & Description

Listing Headline

For sale Carl’s Jr. shadow anchored neighborhood shopping center in Las Vegas, NV.For more information please contact the listing agent, Roy Fritz, Direct: 702-968-7322 Cell: 702-482-9675 RoyF@suncommercialre.com

Property Description

This Property consists of a single-story multi-tenant retail center built in 1979, renovated in 2017 and totals +/- 28,129 square feet.

Location Description

The Property sits adjacent to Carl's Jr. (NAP) at the northwest signalized intersection at N. McDaniel Street & E. Lake Mead Boulevard. There are over 55,000 cars per day at the intersection of E. Lake Mead and N. Las Vegas Boulevard.

Occupancy %

41%

Construction Type

Brick Building

No. Stories

Year Built

1979

Overall Property Condition

Good

Highlights

True Value-Add Opportunity - 41% occupancy and all vacant spaces in second generation condition

Below Replacement Cost - Price per square foot is well below replacement cost

Strong Sub-Market - Surrounding retail centers are 91% occupied while The Square is 41% occupied

Sewer

Type of Sewer

Sewer System (Public)

Parking

Parking type

Assigned Parking

Other

Investment Overview

Type of use

Investor

Neighborhood lifestyle

Lifestyle

Urban Core

More information

MLS URL of this listing to link to your own site or brokerage site

Not in MLS

Listing Info

Listing ID: 2236

Sold

For Sale

$3,550,000

Listing Presented by

Disclimer: Any information relating to a property referenced on HOMEiZ.com comes from the listing provider who wishes to post a listing on HOMEiZ.com. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. HOMEiZ does not verify the property information submitted in HOMEiZ.com and cannot guarantee the accuracy of the information. No warranties or representations are made of any kind. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

1820 East Lake Mead Boulevard . North Las Vegas , NV 89030