1820 Lake Mead BlvdNorth Las Vegas, NV 89030

This exceptional retail investment opportunity presents The SQUARE, a 28,129 square foot, multi-tenant shopping center located in North Las Vegas, Nevada. Situated at 1820 E Lake Mead Blvd, this Class B property boasts a prime location off I-15 and Lake Mead Boulevard, benefiting from high visibility and convenient access. The property comprises two buildings with multiple ingress/egress points, offering a diverse tenant mix of 12 businesses, including national brands. Currently operating at 92% occupancy, the center generates a strong pro-forma NOI of $541,223, representing a 6.77% pro-forma cap rate. Built in 1979 and extensively renovated in 2018 (including over $100,000 in HVAC upgrades, $70,000 in sewer system improvements, and over $100,000 in tenant space enhancements), the property features a recently resealed roof (2020) and an upgraded pylon sign (2018). The 1.91-acre lot is zoned R-A-DC, and the property benefits from rent bumps and a strong tenant history, providing a stable and attractive investment. The asking price is $8,000,000, translating to $284.40 per square foot. The seller guarantees a 12-month lease on any vacant unit at closing. This NNN-leased property offers a compelling opportunity for investors seeking a stable, high-performing retail asset in a growing market.