This Retail Property is no longer advertised on LoopNet.com.

900-970 W Owens Ave
Las Vegas, NV 89106
Retail Property For Sale

Investment Highlights

  • EExceptional 10% going in CAP rate and 12.29% cash on cash return at offering price
  • 80% of the square footage is occupied by seasoned and/or tenants that have been in business over 5 years
  • Excellent street frontage and exposure to all tenant units
  • 68% of the income stream from seasoned tenants with 5+ years occupancy at the center
  • Priced at only $86.31 per square foot, well below replacement cost
  • All tenants are free of competition from online retailing

Property Facts

Property Type
Retail
Property Subtype
Storefront
Building Size
112,505 SF
Building Class
C
Year Built
1964
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.42
Lot Size
6.21 AC
Zoning
C-1, Las Vegas - Commercial
Parking
284 Spaces (2.52 Spaces per 1,000 SF Leased)
Frontage
412’ on H St

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection

Property Taxes

Property Taxes

Parcel Number
139-21-806-002
Land Assessment
$561,662
Improvements Assessment
$1,300,160
Total Assessment
$1,861,822
  • Listing ID: 32306867

  • Date on Market: 7/1/2024

  • Last Updated:

  • Address: 900-970 W Owens Ave, Las Vegas, NV 89106

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