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C & R Center 2560 N Las Vegas Blvd 10,560 SF 100% Leased Retail Building North Las Vegas, NV 89030 $3,150,000 ($298.30/SF) 6.98% Cap Rate
INVESTMENT HIGHLIGHTS
- 2 buildings, free-standing mini market and multi-tenant retail building (2 separate parcel #s)
- PRICE ADJUSTMENT - 7% cap rate
- Less than 1-mile north of NLV City offices surrounded by residential and commercial users.
- Las Vegas Blvd N. frontage with major bus stop in-front of property.
- 100% occupied with Long-term tenants with NNN leases.
- NEW ROOF installed on the 2560 building (10-yr warranty)
EXECUTIVE SUMMARY
***7% cap rate*** 2560 & 2564 Las Vegas Blvd. N. consists of 10,560 SF of retail space. 2564 is a free-standing mini mart of 2,880 SF and inline stores consists of 8 suites of 960 SF each. 100% occupied with a few long-term tenants that all are on NNN leases.
BRAND NEW ROOF INSTALLED ON THE 2560 BUILDING WITH A 10-YR WARANTTY in early2024.
BRAND NEW ROOF INSTALLED ON THE 2560 BUILDING WITH A 10-YR WARANTTY in early2024.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$224,679
|
$21.28
|
| Other Income |
$82,528
|
$7.82
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$307,207
|
$29.09
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$58,440
|
$5.53
|
| Net Operating Income |
$248,767
|
$23.56
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $224,679 |
| Annual Per SF | $21.28 |
| Other Income | |
|---|---|
| Annual | $82,528 |
| Annual Per SF | $7.82 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $307,207 |
| Annual Per SF | $29.09 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $58,440 |
| Annual Per SF | $5.53 |
| Net Operating Income | |
|---|---|
| Annual | $248,767 |
| Annual Per SF | $23.56 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,560 SF
Building Class
B
Year Built/Renovated
1978/2015
Price
$3,150,000
Price Per SF
$298.30
Cap Rate
6.98%
NOI
$219,869
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Lot Size
0.66 AC
Zoning
C-2 - General Commercial, retail stores and shops
Parking
80 Spaces (7.58 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Signage
Walk Score®
Very Walkable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $216,510 | |
| Land Assessment | $145,906 | Total Assessment | $362,416 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$145,906
Improvements Assessment
$216,510
Total Assessment
$362,416
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C & R Center | 2560 N Las Vegas Blvd
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