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2991 West Lake Mead Boulevard
North Las Vegas, NV 89032
Asking Price
$1.40M
Asset Type
Storefront Retail
Class
Class B
What's Special
Ideal for owner-user occupancy with SBA possibility <ul><li> ±6,600 SF multi-tenant retail building on ±0.96 acres </li><li>52% vacant (±3,440 SF) suite ideal for owner-user occupancy </li><li>Existing laundromat tenant provides stable in-place cash flow </li><li>SBA financing potential due to owner-user occupancy opportunity </li><li>Drive-thru capability offers flexibility for future tenants/users </li><li>High-visibility location on W. Lake Mead Boulevard </li><li>Approximately 17,295 vehicles per day along the corridor </li><li>Monume
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NOI
$80,000
Cap Rate
5.71%
DSCR
0.96
Underwater
Cash-on-Cash
-0.74%
Monthly Payment
$6,926.436
Annual Cash Flow
$-3,117.234
