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C & R Center 2560 N Las Vegas Blvd 10,560 SF 100% Leased Retail Building North Las Vegas, NV 89030 $4,394,880 CAD ($416.18 CAD/SF) 6.98% Cap Rate
INVESTMENT HIGHLIGHTS
- 2 buildings, free-standing mini market and multi-tenant retail building (2 separate parcel #s)
- PRICE ADJUSTMENT - 7% cap rate
- Less than 1-mile north of NLV City offices surrounded by residential and commercial users.
- Las Vegas Blvd N. frontage with major bus stop in-front of property.
- 100% occupied with Long-term tenants with NNN leases.
- NEW ROOF installed on the 2560 building (10-yr warranty)
EXECUTIVE SUMMARY
***7% cap rate*** 2560 & 2564 Las Vegas Blvd. N. consists of 10,560 SF of retail space. 2564 is a free-standing mini mart of 2,880 SF and inline stores consists of 8 suites of 960 SF each. 100% occupied with a few long-term tenants that all are on NNN leases.
BRAND NEW ROOF INSTALLED ON THE 2560 BUILDING WITH A 10-YR WARANTTY in early2024.
BRAND NEW ROOF INSTALLED ON THE 2560 BUILDING WITH A 10-YR WARANTTY in early2024.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$313,472
|
$29.68
|
| Other Income |
$115,143
|
$10.90
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$428,615
|
$40.59
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$81,535
|
$7.72
|
| Net Operating Income |
$347,080
|
$32.87
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $313,472 |
| Annual Per SF | $29.68 |
| Other Income (CAD) | |
|---|---|
| Annual | $115,143 |
| Annual Per SF | $10.90 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $428,615 |
| Annual Per SF | $40.59 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $81,535 |
| Annual Per SF | $7.72 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $347,080 |
| Annual Per SF | $32.87 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,560 SF
Building Class
B
Year Built/Renovated
1978/2015
Price
$4,394,880 CAD
Price Per SF
$416.18 CAD
Cap Rate
6.98%
NOI
$306,761 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Lot Size
0.66 AC
Zoning
C-2 - General Commercial, retail stores and shops
Parking
80 Spaces (7.58 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Signage
Walk Score®
Very Walkable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $304,056 CAD | |
| Land Assessment | $204,903 CAD | Total Assessment | $508,959 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$204,903 CAD
Improvements Assessment
$304,056 CAD
Total Assessment
$508,959 CAD
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C & R Center | 2560 N Las Vegas Blvd
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