5960 Losee RdNorth Las Vegas, NV 89081

Property Details for 5960 Losee Rd

Year built

2008

Construction

FRAME

Lot size

3.63 AC

Property size (Sq ft)

9,600 SF

Property type

Retail properties

Property subtype

Strip malls

APN

124-25-312-004

APU

12425312004

Description

This exceptional North Las Vegas retail center, Park Central Plaza, offers 25,000 square feet of available space across seven units within a 1-story, six-building complex. Units range from 1,161 to 4,800 contiguous square feet, with a total of 10 suites. The property is ideally situated at 5960 Losee Rd, North Las Vegas, NV 89081, and boasts a prime location alongside established national tenants including Walmart Market, McDonald's, KFC, and Wells Fargo. The center features a desirable food court area complete with an outdoor patio and shade structure. C-1 zoning allows for a variety of uses. Opportunities exist for build-to-suit or ground lease options on available pads, allowing for customized configurations to meet tenant needs. This vibrant center presents a unique opportunity for businesses seeking high visibility and strong foot traffic in a thriving community. The property is currently fully vacant, presenting a blank canvas for a new retail landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $3,680,515

  6.5%

  $3,397,398

  7%

  $3,154,727

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,846,867

  Geo Method

  $4,846,867

• Alternative Use

  Use

  Valuation

  Residential

  $2,865,833

  Hospitality

  $2,625,088

  Educational

  $2,184,042

  Medical

  $2,259,154

  Retail

  $3,397,398

Location Insight

City

North Las Vegas

County

Clark

State

Nevada

Latitude

36.2684

Longitude

-115.116

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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