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Lake Mead & M.L.K Signalized Corner 1960 N Martin Luther King Blvd 8,184 SF of Retail Space Available in Las Vegas, NV 89106
HIGHLIGHTS
- +/- 9228 SF corner retail building
- Two roll up doors and ample parking
- Located on the busy intersection of Lake Mead & M.L.K Blvd
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 8,184 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $98,208 /YR $8,184 /MO | Modified Gross |
1st Floor
A Discover a +/- 9,228 SF Commercial building on a +/- 91,912 SF lot available for lease at $1.00/ SF modified gross. The whole building can be leased or it can be divided. There is ample parking on the large shared lot with Mario’s grocery store. It’s a perfect location for retail, office, and warehouse (storage, flex, or distribution). it has two drive in doors and approximately 12 foot ceiling height. It has excellent visibility and signage as it is located on the Located the signalized, busy intersection of MLK and Lake Mead Blvd.
- Listed rate may not include certain utilities, building services and property expenses
- Central Air Conditioning
- Closed Circuit Television Monitoring (CCTV)
- Corner Space
- High Ceilings
- Yard
- +/- 9,228 SF building on a +/- 91,912 SF lot
- Whole building can be leased or it can be divided
- Ample parking on a shared lot with Mario’s grocery
- Perfect location for retail, office, and warehouse
- On signalized busy intersection of MLK & Lake Mead
- Excellent visibility and signage
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 8,184 SF | Gross Leasable Area | 9,228 SF |
| Property Type | Retail | Year Built | 1968 |
| Property Subtype | Freestanding | Parking Ratio | 2.82/1,000 SF |
| Total Space Available | 8,184 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 9,228 SF |
| Year Built | 1968 |
| Parking Ratio | 2.82/1,000 SF |
ABOUT THE PROPERTY
Discover a +/- 9,228 SF Commercial building on a +/- 91,912 SF lot available for lease at $1.00/ SF modified gross. The whole building can be leased or it can be divided. It has two roll up doors and there’s ample parking on the large shared lot with Mario’s grocery store. It’s a perfect location for retail, office, and warehouse (storage, flex, or distribution). it has two drive in doors and approximately 12 foot ceiling height. It has excellent visibility and signage as it is located on the signalized, busy intersection of MLK and Lake Mead Blvd
- Bus Line
- Pylon Sign
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
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Lake Mead & M.L.K Signalized Corner | 1960 N Martin Luther King Blvd
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