2202 Craig RdNorth Las Vegas, NV 89031

Property Details for 2202 Craig Rd

Year built

1998

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.84 AC

Property size (Sq ft)

9,173 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

139-05-616-003

APU

13905616003

Description

This exceptional 3,719 square foot medical office suite is available for lease within a new Aldi-anchored retail center. The fully built-out space is ready for immediate occupancy and boasts a high-visibility location on a busy street. This thriving retail center enjoys a strong tenant mix, including established businesses such as Big 5 Sporting Goods, CareNow Urgent Care, Nevada State Bank, Acceleration Academy, and IHOP. The property is situated in a C-1 zoned area, on a 0.08-acre lot, and is part of a larger 8,566 square foot multi-tenant building. The suite will be delivered vacant, allowing for seamless tenant improvements to meet specific needs. Benefit from the high traffic volume and visibility associated with this prime location, surrounded by successful businesses and a promising future in this rapidly developing retail hub. The space is ideal for healthcare professionals seeking a well-established and easily accessible location. No furniture is included.

• CAP approach

  CAP return

  Valuation

  6%

  $2,392,387

  6.5%

  $2,208,357

  7%

  $2,050,618

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,837,810

  Geo Method

  $1,837,810

• Alternative Use

  Use

  Valuation

  Residential

  $2,738,363

  Hospitality

  $2,508,326

  Educational

  $2,086,898

  Medical

  $2,158,669

  Retail

  $3,246,285

Location Insight

City

North Las Vegas

County

Clark

State

Nevada

Latitude

36.2399

Longitude

-115.173

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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