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Building 7 7570 Norman Rockwell Ln 10,629 SF 100% Leased Retail Building Las Vegas, NV 89143 $5,213,047 ($490.46/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- 100% Occupied, Fully Stabilized NNN Asset
- Architecturally Consistent – 2007 construction with cohesive design standards
- Mixed Tenant Profile – retail, office, restaurant, and professional uses
- Strong Market Fundamentals – affluent household base and ongoing growth
EXECUTIVE SUMMARY
CAST presents a stabilized mixed-use investment opportunity within The Village of Centennial Springs - Las Vegas’ premier Northwest lifestyle center.
7570 Norman Rockwell Lane offers stabilized income, featuring 6 diverse commercial tenants. The ground floor is anchored by Streets of New York Pizza, The Vault Bicycle Shop, Sara’s Threading & Henna Art. Office tenants upstairs include SJW Attorney’s, Brilliant Behavior, Math Corner.
Over 75,000 residents within three miles.
Average household income: $102,000+
Median home value: $480,000+
7570 Norman Rockwell Lane offers stabilized income, featuring 6 diverse commercial tenants. The ground floor is anchored by Streets of New York Pizza, The Vault Bicycle Shop, Sara’s Threading & Henna Art. Office tenants upstairs include SJW Attorney’s, Brilliant Behavior, Math Corner.
Over 75,000 residents within three miles.
Average household income: $102,000+
Median home value: $480,000+
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
10,629 SF
Building Class
B
Year Built
2007
Price
$5,213,047
Price Per SF
$490.46
Cap Rate
6.25%
NOI
$325,815
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.81
Lot Size
0.30 AC
Zoning
T-C
Parking
348 Spaces (32.74 Spaces per 1,000 SF Leased)
Frontage
266’ on Farm Rd
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
- Balcony
Walk Score®
Very Walkable (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 125-17-720-001 | Improvements Assessment | $2,652,892 |
| Land Assessment | $1,588,936 | Total Assessment | $4,241,828 |
PROPERTY TAXES
Parcel Number
125-17-720-001
Land Assessment
$1,588,936
Improvements Assessment
$2,652,892
Total Assessment
$4,241,828
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Building 7 | 7570 Norman Rockwell Ln
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