360 Sandhill BlvdMesquite, NV 89027

Property Details for 360 Sandhill Blvd

Year built

2000

Construction

FRAME

Lot size

0.12 AC

Property size (Sq ft)

3,660 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

001-16-510-011

APU

116510011

Description

Bowler Plaza Shopping Center, located at 360 N Sandhill Blvd, Mesquite, NV 89027, presents a compelling investment opportunity in a thriving retail environment. This Class B strip center, totaling 85,013 square feet, features five single-story buildings constructed in 1997 and situated on a 7.73-acre lot (335,000 sq ft). The property boasts 300 parking spaces and is conveniently located near the I-15 freeway exit, Rising Star Sports Ranch Resort, and several hotels and casinos, ensuring high visibility and accessibility. Currently, there are 6,150 square feet of vacant space available, with minimum divisible units of 1,167 square feet and a maximum contiguous space of 2,421 square feet. The center is anchored by Smith's Food & Drug and includes other national brands such as Cafe Rio, Starbucks, Jack In The Box, and Leslies Pools, creating a strong tenant mix and attracting significant foot traffic. The property is zoned HT and has an APN of 001-16-510-007. Virtual tours are available for select vacant suites. This property offers a unique opportunity to establish a presence in a bustling Mesquite commercial hub within the Outlying NE Clark County submarket. The building has a FAR of .28.

• CAP approach

  CAP return

  Valuation

  6%

  $1,100,050

  6.5%

  $1,015,430

  7%

  $942,903

• Comparable approach

  Method

  Valuation

  Relative Method

  $762,612

  Geo Method

  $762,612

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,955,730

  Mixed-Use / Specialty

  $1,021,700

  Hospitality / Lodging

  $762,459

  Office

  $1,025,930

  Institutional / Educational

  $1,065,690

  Residential Income

  $1,246,860

  Multifamily

  $1,440,610

  Automotive / Energy

  $913,448

  Parking / Income-Based Land

  $305,453

  Restaurant / Food Service

  $552,492

  Healthcare / Senior Housing

  $1,037,600

Location Insight

City

Mesquite

County

Clark

State

Nevada

Latitude

36.8086

Longitude

-114.062

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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