4750 E Lake Mead Blvd - Freestanding FOR SALE


Las Vegas, NV 89115- Sunrise Manor
$7,100,000 USD
702-580-0000
4750 E Lake Mead Blvd, Las Vegas, NV for Sale
$7,100,000 USD
Freestanding - FOR SALE
1/6
null | Request Cap Rate

4750 E Lake Mead Blvd
Las Vegas, NV 89115
Sunrise Manor


HIGHLIGHTS

  • Prime Location with High Visibility
  • Auto Dealership
  • Stable Multi-Tenant Property
  • Competitive Market Metrics
  • Ample Land and Parking
  • Strong Demographics and Growth

OVERVIEW

Prime Location with High Visibility: 110 feet of frontage on Lake Mead Blvd and proximity to major traffic corridors with over 31,500 daily vehicle counts, ensuring excellent visibility and accessibility for tenants and customers. Strong Demographics and Growth: Steady population growth projected at 7.36% (1 mile) and 6.80% (3 miles) by 2029, combined with median household incomes exceeding $42,000 within 3 miles, supports long-term retail demand. Stable Multi-Tenant Property: Currently occupied by established tenants such as Santini Body Shop and Catalina Auto Sales, providing immediate cash flow with room for rental growth. Competitive Market Metrics: Market sale price per area is trending upwards at $420 SF, and the submarket vacancy rate is 0%, indicating high demand for retail properties in the Northeast Las Vegas submarket. Ample Land and Parking: Spanning 1.74 acres with 42 surface parking spaces (1.2 spaces per 1,000 SF), the property accommodates tenants and visitors conveniently, with potential for future development. Built in 2005 with durable masonry construction, the property offers a low-maintenance asset in a growing suburban area.

FOR SALE DETAILS

PRICE

$7,100,000 USD

PRICE/SF

$399 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Auto dealership - Las Vegas

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.74 AC

LAND SF

75,794 SF

ZONING

M-D

APN/PARCEL ID

140-20-610-090

ASK ABOUT THIS PROPERTY

Omar LopezCapital Edge Investors LLCMore Info
702-580-0000

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Omar LopezCapital Edge Investors LLCMore Info
702-580-0000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.