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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.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $307,902 $29.16
Other Income $113,097 $10.71
Vacancy Loss - -
Effective Gross Income $421,000 $39.87
Taxes - -
Operating Expenses - -
Total Expenses $80,087 $7.58
Net Operating Income $340,913 $32.28

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $307,902
Annual Per SF $29.16
Other Income (CAD)
Annual $113,097
Annual Per SF $10.71
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $421,000
Annual Per SF $39.87
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $80,087
Annual Per SF $7.58
Net Operating Income (CAD)
Annual $340,913
Annual Per SF $32.28

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,560 SF
Building Class
B
Year Built/Renovated
1978/2015
Price
$4,316,791 CAD
Price Per SF
$408.79 CAD
Cap Rate
6.98%
NOI
$301,311 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
416’ on Las Vegas Blvd

Amenities

  • Bus Line
  • Corner Lot
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
40/100
Fairly bikeable
40/100

Nearby Major Retailers

Dotty's
Smith's
Bank of America
Denny's
IHOP
Starbucks
Mariana's Supermarkets
U.S. Bank
Rent-A-Center
Buddy's Home Furnishings

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 139-13-410-033
  • 139-13-410-034
Land Assessment
$223,174 CAD (2026)
Improvements Assessment
$288,236 CAD (2026)
Total Assessment
$511,410 CAD (2026)
  • Listing ID: 29932155

  • Date on Market: 2023-10-31

  • Last Updated:

  • Address: 2560 N Las Vegas Blvd, North Las Vegas, NV 89030

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