3930 W Craig Rd - Freestanding FOR SALE


North Las Vegas, NV 89032
$4,210,000 USD
713-458-8221
3930 W Craig Rd, North Las Vegas, NV for Sale
$4,210,000 USD
Freestanding - FOR SALE
1/6
null | 7% Cap Rate

3930 W Craig Rd
North Las Vegas, NV 89032


OVERVIEW

Vail Commercial Group is pleased to exclusively offer for sale a two-tenant retail pad with drive-thru located within Desert Oaks Plaza, a ±53,324 SF neighborhood retail center located in North Las Vegas, NV. This freestanding retail pad is 100% leased to RISE Dispensary (CAD Public Company | $1.46B Market Cap) and RejuveN8 Wellness Chiropractic Center. The asset is well positioned within the dense and rapidly expanding Craig Road Corridor in North Las Vegas, Nevada, with over 250 feet of frontage along W. Craig Rd. (±44,500 VPD) just east of N Decatur Blvd. (±25,600 VPD). The asset benefits from nearby co-tenancy including national retailers such as Walmart, Home Depot, Smith's, ALDI, Chick-fil-A, Starbucks, and more. Hylo Park, a large scale mixed-use redevelopment, is currently under construction 2-miles south of the property and is expected to bring over 925 permanent jobs and will include a 150-room hotel, 665 housing units and a 100K SF Vegas Golden Knights youth and recreational hockey facility. This Desert Oaks Plaza outparcel services a dense and underserved trade consisting of ±424,412 residents with an average household income of $99,607 within a 5-mile radius and benefits from proximity to Nellis Air Force Base (±12,000 military/civilian personnel) and the Cannery Hotel & Casino (±800 employees) with a nearby daytime population exceeding ±369,276 residents.

FOR SALE DETAILS

PRICE

$4,210,000 USD

PRICE/SF

$552 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Building D

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

C-2

APN/PARCEL ID

139-06-615-004

ASK ABOUT THIS PROPERTY

Jon JamisonVail Commercial GroupMore Info
713-458-8221

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Jon JamisonVail Commercial GroupMore Info
713-458-8221

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