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The Square

2 Retail Properties Offered at $11,339,760 CAD 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

Data Room Click Here to Access

Property Facts

Price $11,339,760 CAD
Price / SF $361.65 CAD / 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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  • Listing ID: 33998571

  • Date on Market: 2024-11-25

  • Last Updated:

  • Address: The Square, North Las Vegas, NV

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