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The Square 2 Retail Properties Offered at $8,000,000 in North Las Vegas, NV
Executive Summary
92% Occupied, owner will guarantee rent on the one vacant unit (2,250sf) for one year after closing. Triple Net leases
Recent Improvements:
Over $100,000 invested in updated heating and cooling systems
$70,000 in upgrades to the sewer system to ensure reliable infrastructure
Over $100,000 in improvements to tenant spaces
The roof was resealed in 2020
The center's pylon sign was upgraded in 2018
Recent Improvements:
Over $100,000 invested in updated heating and cooling systems
$70,000 in upgrades to the sewer system to ensure reliable infrastructure
Over $100,000 in improvements to tenant spaces
The roof was resealed in 2020
The center's pylon sign was upgraded in 2018
Data Room Click Here to Access
Property Facts
| Price | $8,000,000 | Number of Properties | 2 |
| Price / SF | $255.13 / SF | Individually For Sale | 0 |
| Cap Rate | 6.77% | Total Building Size | 31,356 SF |
| Sale Type | Investment NNN | Total Land Area | 3.82 AC |
| Status | Active |
| Price | $8,000,000 |
| Price / SF | $255.13 / SF |
| Cap Rate | 6.77% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 31,356 SF |
| Total Land Area | 3.82 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Lake Mead Square
1820 E Lake Mead Blvd, North Las Vegas, NV 89030 |
Retail | 28,129 SF | 1979 | - |
|
A-1
1820 E Lake Mead Blvd, North Las Vegas, NV 89030 |
Retail | 3,227 SF | 1979 | - |
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