3445 Craig Rd North Las Vegas, NV 89032-5111
This exceptional 4,704 square foot, single-story office building is located in the Northern Vistas Business Park in North Las Vegas, NV. Built in 2004 and renovated in 2014, this Class B property features a single tenant under a Net Lease agreement with 0 years remaining on a 6.2-year lease (commencing January 1, 2018, expiring March 30, 2024). The property boasts a 6.32% cap rate and a pro-forma cap rate of 6.78%, with a current NOI of $72,660 and a pro-forma NOI of $78,000. The asking price is $1,150,000 ($244.47/sq ft). Situated on a 5,663 square foot lot (APN: 13905316013), the building is zoned Neighborhood Commercial (C-1) and offers ample parking. The property's prime location across from a Smith's anchored shopping center provides high visibility and accessibility, with over 35,000 vehicles passing daily. The versatile design allows for potential division into up to five separate offices. This presents a strong investment opportunity due to the property's location in a high-growth area of North Las Vegas, near several master-planned communities. The property is ideal for both owner-users and investors seeking a stable, income-generating asset.
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Kingdom Life Ministries Church Mosque
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.