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C & R Center 2560 N Las Vegas Blvd 10,560 SF Retail Building North Las Vegas, NV 89030 $4,375,980 CAD ($414.39 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. Working class neighborhood!
- 92% occupied with Long-term tenants with NNN leases & 3% annual rent increases
- NEW ROOF installed on the 2560 building in early 2025
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. Currently 1 vacant suite (960 SF) with mostly long-term tenants that all are on NNN leases, including an annual 3% rent increase. Mini-mart tenant currently has gaming machines and sells fresh produce & meat.
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$321,061
|
$30.40
|
| Other Income |
$98,904
|
$9.37
|
| Vacancy Loss |
$29,397
|
$2.78
|
| Effective Gross Income |
$390,568
|
$36.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$90,195
|
$8.54
|
| Net Operating Income |
$300,373
|
$28.44
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $321,061 |
| Annual Per SF | $30.40 |
| Other Income (CAD) | |
|---|---|
| Annual | $98,904 |
| Annual Per SF | $9.37 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $29,397 |
| Annual Per SF | $2.78 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $390,568 |
| Annual Per SF | $36.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $90,195 |
| Annual Per SF | $8.54 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $300,373 |
| Annual Per SF | $28.44 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,560 SF
Building Class
B
Year Built/Renovated
1978/2015
Price
$4,375,980 CAD
Price Per SF
$414.39 CAD
Cap Rate
6.98%
NOI
$305,442 CAD
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
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $284,944 CAD | |
| Land Assessment | $220,625 CAD | Total Assessment | $505,570 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$220,625 CAD
Improvements Assessment
$284,944 CAD
Total Assessment
$505,570 CAD
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C & R Center | 2560 N Las Vegas Blvd
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