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Property profile & analytics
OFF-MARKET Estimated value $7,885,000
Outlet malls

6650 5th St North Las Vegas, NV 89084-1341

89,852 SF 7.39 ac lot Built 2007
Entity Owned 19-yr Hold Free & Clear
Property ID
US62-0384744
Property summary
AI-generated overview

Deer Springs Crossing, a Class A retail center in North Las Vegas, NV (89084), presents a unique investment opportunity. This 132,913 square foot, Kohl's-anchored power center is situated on a 19.94-acre lot (APN 124-23-316-010) at 6650 N 5th St, conveniently located off the 215 Beltway at the intersection of 5th St. & Deer Springs Way. The property is zoned C-2 (City of North Las Vegas) and offers spaces ranging from a minimum of 1,200 square feet to a maximum contiguous space of 80,000 square feet, perfect for a variety of tenants. Currently, the center boasts a strong tenant mix including Panda Express, Raising Cane's, Chipotle, Aspen Dental, Domino's Pizza, McDonald's, Sean Patrick's Pub, Express Wash, Subway, Discount Tire, and 7-Eleven. This thriving center is ideally positioned within the rapidly expanding Village at Tule Springs community, surrounded by new residential developments and schools, ensuring high foot traffic and strong consumer demand. The property is new construction and currently pre-leasing. This is an exceptional opportunity for grocers, home improvement stores, daily service providers, banks, restaurants, and family entertainment businesses seeking a high-visibility location in a booming market. Contact us today to learn more about this exciting development.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2007
Construction CONCRETE
Total area 89,852 SF
Lot 7.39 ac (321,908 SF)
APN 124-23-316-004
UPID US62-0384744
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
  • SEPHORA at Kohl's Cosmetic Store
  • Kohl's Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.89M
Owner & transaction history
Kohls Department Stores INC · 19 yrs held
Kohls Department Stores INC
since 2006
1 recorded transaction
2006
$3.8M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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