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2061 Losee Rd 11,424 SF 100% Leased Retail Building North Las Vegas, NV 89030 $2,590,000 ($226.72/SF)



Investment Highlights
- STRATEGIC LOCATION IN LAS VEGAS
- AMPLE PARKING FOR BUSINESSES
- PRIME INDUSTRIAL ZONING
- FLEXIBLE FOR MULTIPLE INDUSTRIES
- TIGHT SMALL-BAY VACANCY
- ATTRACTIVE PRICE POINT
Executive Summary
We present 2061 Losee Road in North Las Vegas, a strategic multi-tenant investment where the seller is willing to carry a long term note. This 11,424 SF auto repair and industrial facility sits on 0.74 acres, offering rare M3 zoning and flexible leasing at $2,590,000 ($227/SF).
Located south of the Losee Road and Lake Mead Boulevard intersection, the property offers excellent access less than one mile from the I-15 interchange. With daily traffic exceeding 125,000 vehicles along the interstate corridor, the site is ideal for automotive and service businesses requiring rapid valley connectivity.
Built in 1986, the adaptable layout is configured as three distinct operational spaces, modified from nine bays to suit larger tenants; along with three offices and four restrooms prepared for a national tenant. Additionally, the replacement cost of an asset such as this would exceed at minimum 3.25 million. The site features a high parking ratio of 3.28 per 1,000 SF and verified absence of underground tanks, mitigating environmental risks while supporting intensive industrial use. Three tenants occupy the configured spaces on a month-to-month basis for a new owner to make a clean transition. For details on the existing tenants and their tenure, please contact Kandace Murphy, the listing agent.
The asset benefits from a supply-constrained submarket where vacancy for shallow-bay industrial space has tightened, driven by limited new inventory under 20,000 SF. The location is poised for appreciation and rental growth.
2061 Losee Road represents a robust investment opportunity for buyers seeking a rare M3 zoned asset with stabilized income. The existing tenants will consider long term leases if a new owner prefers them to stay. The existing rents currently reflect a 5% cap plus cams.
Located south of the Losee Road and Lake Mead Boulevard intersection, the property offers excellent access less than one mile from the I-15 interchange. With daily traffic exceeding 125,000 vehicles along the interstate corridor, the site is ideal for automotive and service businesses requiring rapid valley connectivity.
Built in 1986, the adaptable layout is configured as three distinct operational spaces, modified from nine bays to suit larger tenants; along with three offices and four restrooms prepared for a national tenant. Additionally, the replacement cost of an asset such as this would exceed at minimum 3.25 million. The site features a high parking ratio of 3.28 per 1,000 SF and verified absence of underground tanks, mitigating environmental risks while supporting intensive industrial use. Three tenants occupy the configured spaces on a month-to-month basis for a new owner to make a clean transition. For details on the existing tenants and their tenure, please contact Kandace Murphy, the listing agent.
The asset benefits from a supply-constrained submarket where vacancy for shallow-bay industrial space has tightened, driven by limited new inventory under 20,000 SF. The location is poised for appreciation and rental growth.
2061 Losee Road represents a robust investment opportunity for buyers seeking a rare M3 zoned asset with stabilized income. The existing tenants will consider long term leases if a new owner prefers them to stay. The existing rents currently reflect a 5% cap plus cams.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
11,424 SF
Building Class
B
Year Built
1986
Price
$2,590,000
Price Per SF
$226.72
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
0.74 AC
Opportunity Zone
Yes
Zoning
M-3 - M-3 Heavy Industrial District
Parking
33 Spaces (3.28 Spaces per 1,000 SF Leased)
Frontage
305’ on Losee Rd
Amenities
- Bus Line
- Freeway Visibility
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 139-22-602-003 | Improvements Assessment | $155,913 |
| Land Assessment | $155,126 | Total Assessment | $311,039 |
Property Taxes
Parcel Number
139-22-602-003
Land Assessment
$155,126
Improvements Assessment
$155,913
Total Assessment
$311,039
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2061 Losee Rd
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