For Sale
$1,850,000

3011 Lake Mead BlvdNorth Las Vegas, NV 89032

High-yield retail investment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 5,500 square foot retail property, located at 3011 W Lake Mead Blvd in North Las Vegas, Nevada (APN 139-20-210-003), is offered at $1,850,000, reflecting a 6.56% cap rate and a $121,354 net operating income (NOI). The property boasts a C-1 zoning designation and features a diverse tenant mix including Domino's Pizza, a commissary kitchen, a smoke shop, and a beauty salon. A significant approximately 1,600 square foot restaurant suite is fully built-out and available, complete with a full kitchen, grease interceptor, and hood. The property benefits from excellent visibility with pylon signage opportunities and is strategically positioned near the intersection of Lake Mead and Simmons Boulevards, just two miles north of US-95 and minutes from Downtown Las Vegas via the new Martin Luther King interchange. Its proximity to the North Las Vegas Airport and a major mixed-use redevelopment project (including up to 655 new housing units, a grocery store, hotel, and more) ensures strong future growth potential. This prime retail center presents a compelling investment opportunity in a rapidly developing area. The property is a single-story building.

Highlights

  • 1,600 SF fully built-out restaurant space available.
  • C-1 Zoning.
  • Pylon signage opportunity.
  • Full-service restaurant kitchen with grease trap and hood system.
  • Strong co-tenancy including Domino's Pizza, a beauty salon, and a smoke shop.
  • Excellent location near a major mixed-use development with 655+ residential units, grocery store, hotel, and retail.

Property Details for 3011 Lake Mead Blvd

Property type
Retail properties, Restaurants
Square Feet
5,500 SF
Stories
1

Location Insight

City
North Las Vegas
County
Clark
State
Nevada
Latitude
36.1969834
Longitude
-115.1803758
3011 Lake Mead Blvd, North Las Vegas, Nevada

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3011 Lake Mead Blvd
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