3999 Las Vegas BlvdLas Vegas, NV 89119

Property Details for 3999 Las Vegas Blvd

Year built

1998

Construction

FRAME

Lot size

1.12 AC

Property size (Sq ft)

20,055 SF

Property type

Retail properties

Property subtype

Strip malls

APN

162-28-301-022

APU

16228301022

Description

This exceptional retail space, located at 3999 Las Vegas Blvd. South in Las Vegas, Nevada, presents a fantastic opportunity for a discerning business. Situated in Clark County, this property offers 1,453 square feet of immediately available space within a larger building totaling 2,748 square feet. The space is perfect for a restaurant or other retail establishment, and is part of a multi-tenant building. The minimum divisible space is 1,453 square feet, and the maximum contiguous space available is also 1,453 square feet. This means the entire vacant portion of the building is available for lease. The property's address is 3999 S Las Vegas Blvd, Las Vegas, NV 89119, offering excellent visibility and accessibility on a major thoroughfare. The property is categorized as retail, specifically suited for restaurant and retail uses. This presents a unique chance to establish a presence in a high-traffic area of Las Vegas. The property's prime location and ample square footage make it an ideal investment for businesses seeking a vibrant and bustling environment. Interested parties should act quickly to secure this exceptional retail opportunity. The geographic coordinates are 36.0901919 latitude and -115.1721025 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $5,829,132

  6.5%

  $5,380,737

  7%

  $4,996,398

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,125,409

  Geo Method

  $10,125,409

• Alternative Use

  Use

  Valuation

  Residential

  $4,538,853

  Hospitality

  $4,157,565

  Educational

  $3,459,045

  Medical

  $3,578,007

  Retail

  $5,380,737

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.0903

Longitude

-115.172

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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