Level 1.19 net acre parcel
Retail Power Center that has been maintained impeccable by the current owners, who have owned this property since 2001. The investment offering is for a portion of master planned retail center located at the SEC Graig Road and Martin Luther King Blvd. The property has been completely repainted a few months ago, and the parking lot has just been recently slurry sealed and is being striped. Tenants for this investment include OFFICE DEPOT, EPIC Stores (Thrift Store), Las Vegas Surf Club (Restaurant/Bar), 99 Cents Store, CHASE drive up ATM, Crowne Castle Communications Tower, Multi-tenants include Capriotti's Sandwich Shop, Liberty Tax Service, Roberto's Taco Shop, CLP Resources and SUPERCUTS.
4.89 Acres of Industrial (M1) zoned land with 2 buildings on it. Office Building Number 1: 5,500sf Warehouse building Number 2: 5,000sf
This 28,420 SF building includes a fully HVAC warehouse, 3-dock high doors, grade level loading, 800 amps, 277/480 volt, 3-phase power, T-5 lighting, 24' avg. clear with ESFR sprinklers and a 2,000 SF office area (consisting of reception, 3 private offices, a break room, a server room and 2 restrooms). See attached floor plan.
FREE LAND - JUST PAYING FOR IMPROVEMENT COST!! LaPour Air Park is a 28 Net Acre fully improved parcel with curb, gutter, sidewalks, street lights, graded and utilities to the property, and is ready for development. Property may be divided into smaller parcel options.
DEVELOPOMENT OPPORTUNITY: Originally planned as smaller, 'for sale' flex/R&D. (I have copies of intended project plans). prospective use - Retail in the front or hard corner with industrial in the back OR- full single tenant BTS industrial use. Possibly automotive. Possible retail use on the corner. Improved - includes retaining wall and graded, you can see the outline of the pads in the aerial. $1,000,000 worth of grading has been completed.
Property is 100% occupied with onsite custodian. Turn key property is located just 100 yards from Las Vegas Blvd.
The Property consists of 1.88 acres of previously developed, C-2 land, located along N. Las Vegas Blvd. With roughly 180 feet of frontage along Las Vegas Blvd., the site is highly visible with traffic counts of approximately 29,000 cars per day, and boasts extremely strong walk-in' and foot traffic. A bus stop sits just in front of the new La Bonita development, and a Max station is immediately across Las Vegas Blvd. The Las Vegas Blvd. and Belmont interchange is signalized, adding to the accessibility of the Property. Ask Price has recently been reduced to $665,000.00 / $8.12 /SF for the parcel. The City of North Las Vegas' Redevelopment Agency would welcome a new retail or office use on this site, and is willing to work with developers, owners & businesses to develop new projects and/or rehabilitate/expand existing developments.
The property has block/masonry and stucco exterior with flat roof. The property is zoned C-2; general commercial and has 51 asphalt surface parking spaces. The property is close to Downtown Las Vegas (3.4 miles), offers affordable room rates by daily or weekly rent. The property is next to 24 hour Cat bus line, grocery store and pharmacy nearby, offers cable TV and iron with ironing board.