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2610 N Martin L King Blvd 3,680 SF Specialty Building Offered at $1,674,240 CAD at a 4.77% Cap Rate in North Las Vegas, NV 89032
INVESTMENT HIGHLIGHTS
- 1+ acre lot
- Good paying tenant with aprx 1 year left on lease
- 6,380sf of building space
- Owner Financing Available
EXECUTIVE SUMMARY
Total building area is 6,380sf. Front building is used as gathering/house of worship and back building is used for administrative offices and storage. Current tenant lease expires Dec 2026, current base rent is $4,774.00/ Month and is NNN. Good paying tenant with multiple locations, may be interested in signing new lease. Lot size is over 1 acre with plenty of room for possible future expansion, parking, events, etc. Current House of Worship usage is through an SUP with possible zoning changes available for different owner user usage. Lots of new construction in the area. Seller is open to Owner Carry Financing.
Interior of front building has had significant remodeling in 2023/2024. Back building had a new roof put on 2025. Many improvements completed over the past 5 years.
Interior of front building has had significant remodeling in 2023/2024. Back building had a new roof put on 2025. Many improvements completed over the past 5 years.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $1,674,240 CAD | Property Subtype | Religious Facility |
| Price Per SF | $454.96 CAD | Lot Size | 1.06 AC |
| Sale Type | Investment or Owner User | Building Size | 3,680 SF |
| Cap Rate | 4.77% | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 1957/2023 |
| Zoning | N:R-1 | ||
| Price | $1,674,240 CAD |
| Price Per SF | $454.96 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 4.77% |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Lot Size | 1.06 AC |
| Building Size | 3,680 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1957/2023 |
| Zoning | N:R-1 |
AMENITIES
- Signage
- Air Conditioning
1 1
PROPERTY TAXES
| Parcel Number | 139-16-701-007 | Improvements Assessment | $156,162 CAD (2025) |
| Land Assessment | $85,511 CAD (2025) | Total Assessment | $241,673 CAD (2025) |
PROPERTY TAXES
Parcel Number
139-16-701-007
Land Assessment
$85,511 CAD (2025)
Improvements Assessment
$156,162 CAD (2025)
Total Assessment
$241,673 CAD (2025)
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2610 N Martin L King Blvd
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