Retail
Neighborhood Center

Long-Term Leased Retail Anchored 6.7 Cap Rate Hi Traffic

3053 West Craig Road,  North Las Vegas, Nevada 89032

For Sale

$2,975,000

About 3053 West Craig Road

• 3053 W. Craig Rd. North Las Vegas, NV 89032 • Busiest Smiths' and Sprint 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 6.7% 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.
Investment
NNN Investment
Zoned C-2 General Commercial by the City of North Las Vegas
Yes
Multi-Tenant
B
Existing
2004
1
6.80%
$10,242.00
8,000 SqFt
8,000 SqFt
8,000 SqFt
.83 Acres
7/1000SqFt
Las Vegas
North Las Vegas
139-05-317-004
2% to the procuring cause for representation from beginning to end.
3053 W. Craig Rd. North Las Vegas, NV 89032
Busiest Smiths' and Sprint 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 6.7% 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.
1 Space

Standard Retail
FLOOR
1
Attachments & Links
Floor_Plan_3053_W_Craig.pdf
Floor Plan
3053_W_Craig_Rd_North_Las_Vegas_NV_89032_For_Sale.pdf
http://www.702Michael.com
http://www.702Michael.com

Michael Hawkes

Broker

Great Bridge Properties

900 Las Vegas Blvd. South
#810
Las Vegas, NV 89101