Log In/Sign Up
Your email has been sent.
Auto dealership - Las Vegas 4750 E Lake Mead Blvd 17,788 SF Retail Building Las Vegas, NV 89115 $5,350,000 ($300.76/SF)
INVESTMENT HIGHLIGHTS
- Prime Location with High Visibility
- Stable Multi-Tenant Property
- Ample Land and Parking
- Auto Dealership
- Competitive Market Metrics
- Strong Demographics and Growth
EXECUTIVE SUMMARY
Prime Location with High Visibility: 300 feet of frontage on Lake Mead Blvd and proximity to major traffic corridors with over 31,500 daily vehicle counts, ensuring excellent visibility and accessibility for tenants and customers.
Strong Demographics and Growth: Steady population growth projected at 7.36% (1 mile) and 6.80% (3 miles) by 2029, combined with median household incomes exceeding $42,000 within 3 miles, supports long-term retail demand.
Stable Multi-Tenant Property: Currently occupied by established tenants such as Santini Body Shop and Catalina Auto Sales, providing immediate cash flow with room for rental growth.
Competitive Market Metrics: Market sale price per area is trending upwards at $420 SF, and the submarket vacancy rate is 0%, indicating high demand for retail properties in the Northeast Las Vegas submarket.
Ample Land and Parking: Spanning 1.74 acres with 90 surface parking spaces (1.2 spaces per 1,000 SF), the property accommodates tenants and visitors conveniently, with potential for future development.
Built in 2005 with durable masonry construction, the property offers a low-maintenance asset in a growing suburban area.
Strong Demographics and Growth: Steady population growth projected at 7.36% (1 mile) and 6.80% (3 miles) by 2029, combined with median household incomes exceeding $42,000 within 3 miles, supports long-term retail demand.
Stable Multi-Tenant Property: Currently occupied by established tenants such as Santini Body Shop and Catalina Auto Sales, providing immediate cash flow with room for rental growth.
Competitive Market Metrics: Market sale price per area is trending upwards at $420 SF, and the submarket vacancy rate is 0%, indicating high demand for retail properties in the Northeast Las Vegas submarket.
Ample Land and Parking: Spanning 1.74 acres with 90 surface parking spaces (1.2 spaces per 1,000 SF), the property accommodates tenants and visitors conveniently, with potential for future development.
Built in 2005 with durable masonry construction, the property offers a low-maintenance asset in a growing suburban area.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
17,788 SF
Building Class
B
Year Built
2005
Price
$5,350,000
Price Per SF
$300.76
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
1.74 AC
Zoning
M-D - Industrial Park (IP)
Parking
90 Spaces (5.06 Spaces per 1,000 SF Leased)
Frontage
300’ on Lake Mead Blvd
AMENITIES
- Pylon Sign
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 140-20-610-090 | Improvements Assessment | $560,568 |
| Land Assessment | $238,751 | Total Assessment | $799,319 |
PROPERTY TAXES
Parcel Number
140-20-610-090
Land Assessment
$238,751
Improvements Assessment
$560,568
Total Assessment
$799,319
1 of 7
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Auto dealership - Las Vegas | 4750 E Lake Mead Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.