2991 W Lake Mead Blvd - Retail FOR SALE


North Las Vegas, NV 89032
$1,400,000 USD
702-376-8500
2991 W Lake Mead Blvd, North Las Vegas, NV for Sale
$1,400,000 USD
Retail - FOR SALE
1/12
null | Request Cap Rate

2991 W Lake Mead Blvd
North Las Vegas, NV 89032


HIGHLIGHTS

  • • ±6,600 SF multi-tenant retail building on ±0.96 acres
  • • 52% vacant (±3,440 SF) suite ideal for owner-user occupancy with SBA possibility
  • • Drive-thru capability offers flexibility for future tenants/users isting laundromat tenant provides stable in-place cash flow
  • • High-visibility on W. Lake Mead Boulevard - ±17,295 vehicles per day
  • • Monument/pylon signage enhances tenant and business exposure
  • • Less than one mile from the planned HYLO Park mixed-use redevelopment, expected to drive significant growth and area revitalization by 2027.

OVERVIEW

Excellent owner-user investment opportunity with income in place. The property features a ±3,440 SF vacant suite representing approximately 52% of the building, allowing a purchaser to potentially qualify for SBA financing while occupying a majority of the asset. The remaining leased space provides immediate cash flow to help offset ownership costs and improve overall investment returns. This unique combination of occupancy flexibility and in-place income creates an attractive alternative to leasing, offering both operational control and long-term wealth creation.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$212 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

47

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

C-1

APN/PARCEL ID

139-20-210-004

ASK ABOUT THIS PROPERTY

Chris Lexis, SIORAvison YoungMore Info
702-376-8500

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Chris Lexis, SIORAvison YoungMore Info
702-376-8500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.