C & R Center | 2560 N Las Vegas Blvd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
C & R Center 2560 N Las Vegas Blvd
10,560 SF 100% Leased Retail Building North Las Vegas, NV 89030 $4,465,030 CAD ($423 CAD/SF) 6.98% Cap Rate
Investment Highlights
- 2 buildings, free-standing mini market and multi-tenant retail building (2 separate parcel #s)
- PRICE ADJUSTMENT - 7% cap rate
- Less than 1-mile north of NLV City offices surrounded by residential and commercial users.
- Las Vegas Blvd N. frontage with major bus stop in-front of property.
- 100% occupied with Long-term tenants with NNN leases.
- NEW ROOF installed on the 2560 building (10-yr warranty)
Executive Summary
***PRICE ADJUSTMENT - 7% cap rate*** 2560 & 2564 Las Vegas Blvd. N. consists of 10,560 SF of retail space. 2564 is a free-standing mini mart of 2,880 SF and inline stores consists of 8 suites of 960 SF each. 100% occupied with a few long-term tenants that all are on NNN leases.
BRAND NEW ROOF INSTALLED ON THE 2560 BUILDING WITH A 10-YR WARANTTY in early2024.
BRAND NEW ROOF INSTALLED ON THE 2560 BUILDING WITH A 10-YR WARANTTY in early2024.
Financial Summary (Pro forma - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$313,054
|
$29.65
|
| Other Income |
$91,296
|
$8.65
|
| Vacancy Loss |
$4,044
|
$0.38
|
| Effective Gross Income |
$400,306
|
$37.91
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$88,649
|
$8.39
|
| Net Operating Income |
$311,658
|
$29.51
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $313,054 |
| Annual Per SF | $29.65 |
| Other Income (CAD) | |
|---|---|
| Annual | $91,296 |
| Annual Per SF | $8.65 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $4,044 |
| Annual Per SF | $0.38 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $400,306 |
| Annual Per SF | $37.91 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $88,649 |
| Annual Per SF | $8.39 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $311,658 |
| Annual Per SF | $29.51 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,560 SF
Building Class
B
Year Built/Renovated
1978/2015
Price
$4,465,030 CAD
Price Per SF
$423 CAD
Cap Rate
6.98%
NOI
$311,658 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Lot Size
0.66 AC
Zoning
C-2 - General Commercial, retail stores and shops
Parking
80 Spaces (7.58 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Signage
Walk Score ®
Very Walkable (73)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $306,896 CAD | |
| Land Assessment | $206,817 CAD | Total Assessment | $513,714 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$206,817 CAD
Improvements Assessment
$306,896 CAD
Total Assessment
$513,714 CAD
1 of 8
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
C & R Center | 2560 N Las Vegas Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.