1820 Lake Mead Blvd North Las Vegas, NV 89030
12-Tenant Retail Center, High Occupancy
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 392
Property Features for 1820 Lake Mead Blvd
General Information
- Property type
- Lifestyle centers
- Square Feet
- 28,129 SF
- Class
- B
- Lot Size
- 83,200 SF
Building Details
- Year Built/Renovated
- 1979/2018
- Buildings
- 2
- Stories
- 1
- Units
- 12
HighLights
- 92% occupied, with seller guaranteeing a 12‑month lease on any vacant unit at closing.
- 1979 construction, extensively renovated in 2018, including HVAC, sewer, and tenant space improvements.
- Strong tenant history with a diverse mix including national brands like Pearl Vision and Cricket Wireless.
- High‑traffic location at I‑15 and Lake Mead Blvd, with a prominent pylon sign.
- 28,129 SF multi‑tenant shopping center on a 1.91‑acre lot, priced at $8,000,000 ($284.40/SF), offering a 6.77% pro‑forma cap rate and $541,223 NOI.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- North Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.121636
- Latitude
- 36.1960992