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Property profile & analytics
OFF-MARKET Estimated value $1,340,000
Strip malls

6480 Losee Rd North Las Vegas, NV 89086-0107

9,160 SF 0.65 ac lot Built 2023
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US62-0545712
Property summary
AI-generated overview

Centennial Village presents a unique investment opportunity in the rapidly expanding North Las Vegas market. This Class A, 9,160 square foot retail center, built in 2023, boasts a prime location at the intersection of Centennial Parkway and Losee Road, enjoying high visibility and traffic counts exceeding 60,000 vehicles daily. The single-story building offers multiple tenancy options with a minimum divisible space of 1,365 square feet. The C-1 zoned property benefits from its proximity to the CC-215 Beltway, servicing over 10,000 new residential units in the Tule Springs community. Strong national tenants, including Sprouts Farmers Market, EoS Fitness, CVS Pharmacy, and others, anchor the center, attracting over 1.2 million annual visits. The center's location within a three-mile radius of over 32,000 households, with an average household income exceeding $95,000, contributes to a robust consumer spending total of over $1 billion. Surrounding development includes a new hospital-anchored medical campus and a new hotel and casino, further enhancing the area's growth potential. This exceptional property offers significant opportunities for businesses seeking exposure in a thriving market. The property features two highly visible pylon signs and ample street frontage. The address is 6480 Losee Rd, North Las Vegas, NV 89086, in Clark County.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2023
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,160 SF
Lot 0.65 ac (28,314 SF)
APN 124-24-414-017
UPID US62-0545712
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
  • Aloha Donut Bakery Specialty Food Shop
  • Majestic Nail Lounge Nail Salon
  • Pup in the tub Pet Grooming Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.34M
Owner & transaction history
Centennial Shops A LLC · 2 yrs held
Centennial Shops A LLC
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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