Rancho Gowan Business Park FOR SALE


Las Vegas, NV
$13,950,000 USD
951-712-8389
, Las Vegas, NV for Sale
$13,950,000 USD
FOR SALE
1/6
null | 5.5% Cap Rate

Rancho Gowan Business Park
Las Vegas, NV


HIGHLIGHTS

  • 100% leased – no vacancy
  • Rents currently ~20% below market, providing immediate upside
  • Prime frontage on high-traffic N Rancho Drive with strong visibility

OVERVIEW

3606, 3630 & 3650 N Rancho Drive present a rare opportunity to acquire three stabilized, multi-tenant retail buildings totaling ±61,700 SF in Northwest Las Vegas. Priced at $13,950,000 ($226/SF), the portfolio offers an attractive basis below replacement cost with strong in-place income and significant rental upside. The properties are 100% leased, with average rents approximately 20% below current market rates. Newly executed leases at market rents demonstrate immediate growth potential for new ownership. Situated along high-traffic N Rancho Drive, the assets benefit from excellent visibility, strong demographics, and proximity to major retailers and residential neighborhoods. This portfolio is ideally suited for investors seeking a stable cash-flowing asset with near-term value-add potential in one of Las Vegas’s most resilient and growing trade areas.

ASK ABOUT THIS PROPERTY

Clement Ziroli, Jr.Diamond Creek Holdings LLCMore Info
951-712-8389

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Clement Ziroli, Jr.Diamond Creek Holdings LLCMore Info
951-712-8389

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