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Property profile & analytics
OFF-MARKET Estimated value $2,090,000
Strip malls

4090 Craig Rd North Las Vegas, NV 89032-2757

7,620 SF 0.62 ac lot Built 2008
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US62-0675233
Property summary
AI-generated overview

Desert Oaks Plaza, a 7,660 square foot single-story retail strip center in North Las Vegas, Nevada, offers an exceptional opportunity. Located at 4090 W Craig Rd, 89032, this property boasts 2,450 square feet of immediately available space, divisible into units ranging from 1,200 to 2,667 contiguous square feet. Built in 2008, the center sits on a 0.62-acre lot and features six total suites. The property benefits from excellent street visibility and prominent building and pylon signage. The owner is currently investing in upgrades to the building, landscaping, and lighting. A tenant improvement allowance is available for qualified tenants. This prime location within the Craig Road Retail Corridor, a 1.7 million square foot retail area, enjoys high traffic counts exceeding 35,500 vehicles daily. The area also benefits from a new self-storage facility and new residential growth, adding to the strong potential for success. The property is zoned General Commercial (C-2), APN 139-06-615-002, Clark County. Power is single-phase. The property is conveniently located near Allen Cross Street and serves a workforce of over 119,700 people within a 5-mile radius. Photos reflect the space prior to recent tenant improvements, including fresh paint and carpeting.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2008
Construction FRAME
Total area 7,620 SF
Lot 0.62 ac (27,007 SF)
APN 139-06-615-002
UPID US62-0675233
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • NLV African Caribbean Market Grocery & Convenience Store Food Market
  • Edward Henson, APRN Nursing Home
  • Amazon Counter - Health Mart Pharmacy Postal Service Courier Service
  • Tango Pharmacy Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.04M
CAP Approach CAP
$1.62M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.09M
Owner & transaction history
Pad D LLC · 4 yrs held
Pad D LLC
since 2021
Last sale
$2.2M
7 recorded transactions
2021
Price N/A
2021
$2.2M
2019
$1.7M
2015
Price N/A
2013
Price N/A
2013
Price N/A
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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