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100% Long-Term Leased Retail Anchored 6+% Cap Hi Traffic

Listing was updated at: 06/03/2019

Property Overview

Price/Rent PSF Inquire
Asset Type Retail
Trade Type Sale
SQ. FT. Available 8,000
Date Available 12/11/2018
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Description

• 3053 W. Craig Rd. North Las Vegas, NV 89032 • Busiest new Smiths' anchored shopping center in NLV • SW corner of W. Craig Rd. and Simmons St., • 100% long term leased, no vacancies, no gray shell • Available for purchase at a 6.02% cap rate, • APN: 139-05-317-004, 0.83 acres, built 2004 • Plenty of parking at 7:1,000’, w/ a great long-term tenant mix. • 8,000’ rentable square feet, 5 fully built-out suites, w/ covered sidewalk • Excellent high visibility, frontage, monument signage, high walking score • All tenants are on long-term NNN leases, and pay all operating expenses. • All suites have glass display front windows, and rear delivery door • No deferred maintenance, full fire sprinklers • Frame and stucco built on a solid concrete slab. • CC&R’s, and a cross parking agreement • Bus stop, and dedicated left turn-in from Craig Rd • 248’ feet of frontage on Craig Rd, 2 curb cuts, Smith’s monument sign • Double section line and signaled major intersection. • High traffic counts of 46,000 cars per day. • Zoned C-2 General Commercial by the City of North Las Vegas • Clark County Land Use: 40.350 - General Commercial Regional Shopping • Buyer will receive completely clear fee simple title with insurance • This parcel is not in a 100-year flood zone. • The CIC is only 7c psf per month, paid by tenants • Annual taxes are only 11c psf per month, paid by tenants • Buyer to verify all information which is herein deemed reliable.

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