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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

80 M.l.k. Blvd Las Vegas, NV 89106

10,516 SF Built 2014
Property ID
Property summary
AI-generated overview

This exceptional 10,516 square foot, single-story retail storefront, built in 2014, is located at 80 S Martin L King Blvd, Las Vegas, NV 89106. The property boasts a strong 5.65% cap rate and is currently 100% occupied by two credit-rated tenants, Centerwell (a Humana subsidiary) and another tenant, under a triple-net (NNN) lease structure. The property features a prominent location directly off the US-95 and I-15 freeway on-off ramp, providing excellent visibility and accessibility. Benefitting from a large pylon sign, the building enjoys a high-traffic location adjacent to Costco and the Las Vegas Metropolitan Police Department, and across from Ashley Furniture and Walker Furniture. The property is zoned T5-M and has an APN of 13928402004. This stabilized investment opportunity presents a compelling return with a strong tenant profile and desirable location. The asking price is $4,100,000, translating to $389.88 per square foot. This is a rare chance to acquire a prime retail asset in a high-growth area of Las Vegas.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2014
Total area 10,516 SF
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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