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Property profile & analytics
FOR LEASE
Strip malls
5960 Losee Rd North Las Vegas, NV 89081
Entity Owned
14-yr Hold
Free & Clear
Property ID
US62-0387350
For Lease
$21 SF/Yr
5960 Losee Rd, North Las Vegas, NV 89081
View Listing →
Property summary
AI-generated overview
This exceptional North Las Vegas retail center, Park Central Plaza, offers 25,000 square feet of available space across seven units within a 1-story, six-building complex. Units range from 1,161 to 4,800 contiguous square feet, with a total of 10 suites. The property is ideally situated at 5960 Losee Rd, North Las Vegas, NV 89081, and boasts a prime location alongside established national tenants including Walmart Market, McDonald's, KFC, and Wells Fargo. The center features a desirable food court area complete with an outdoor patio and shade structure. C-1 zoning allows for a variety of uses. Opportunities exist for build-to-suit or ground lease options on available pads, allowing for customized configurations to meet tenant needs. This vibrant center presents a unique opportunity for businesses seeking high visibility and strong foot traffic in a thriving community. The property is currently fully vacant, presenting a blank canvas for a new retail landscape.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Construction
FRAME
Total area
9,600 SF
Lot
3.63 ac (158,123 SF)
APN
124-25-312-004
UPID
US62-0387350
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
Current use
Occupant on record · Public records
-
Knight Smoke & Gift Shop (Bike/Boat/Book/etc) Store
-
Dickinson Chiropractic of Nevada, LLC Alternative Medicine Practice
-
Amazon Locker - Bags Postal Service Courier Service
-
Dr. Jessica Durso Alternative Medicine Practice
-
Dylan's Family Ice Cream Grocery & Convenience Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$980k
Owner & transaction history
Metejemei LLC · 14 yrs held
Metejemei LLC
since 2012
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs North Las Vegas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Las Vegas submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$102 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$63,396
Tax year 2023
Assessed value
$2,668,638
Assessed 2024
Previous assessed
$2,328,752
+14.6% YoY
Effective rate
2.38%
On assessed value
Assessed land
$974,038
Assessed improvement
$1,694,600
Land market value
$2,782,966
Improvement market value
$4,841,714
Total market value
$7,624,680
Applied tax rate
254.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
2008
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
5
Stories
1
Total area
9,600 SF
Lot
3.63 ac (158,123 SF)
APN
124-25-312-004
UPID
US62-0387350
Jurisdiction
CLARK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2008
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
5
Lot
3.63 ac
Current owner
From public records · entity-resolved
Metejemei LLC
Entity
Free & Clear · 14 yrs held
Mailing address
3411 LAS VEGAS BLVD S, LAS VEGAS, NV 89109-8955
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2012
$14,000,000
Metejemei LLC
Nevada Title Co
Trustees Deed
—
Jan 9, 2012
$14,000,000
Metejemei LLC
Nevada Title Co
Trustees Deed
—
Feb 11, 2011
—
Park Central Plaza 32 LLC
—
Deed Of Trust
related
$2,000,000 · No Lender On Document
Aug 28, 2009
—
Park Central Plaza 32 LLC
—
Deed Of Trust
related
$36,696,000 · Nevada State Bank
Jan 30, 2008
$20,500
Wal-mart Stores INC
Park Central Plaza 32 LLC
Quit Claim Deed
related
—
Jan 30, 2008
$17,500
Park Central Plaza 32 LLC
Wal-mart Stores INC
Quit Claim Deed
related
—
Jul 12, 2006
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
Terrible Herbst INC
—
Deed Of Trust
related
$1,800,000 · Metejemei LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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