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714 N Nellis Blvd 3,960 SF 100% Leased Retail Building Las Vegas, NV 89110 $3,294,720 CAD ($832.00 CAD/SF)
Investment Highlights
- Development opportunity with the potential to construct an additional ± 4,000 SF building on the existing lot
- Combined traffic counts exceeding 62,600 vehicles per day (56,256 VPD on N. Nellis Blvd. + 21,500 VPD on E. Bonanza Rd.)
- Stabilized in-place income: Santa Ana Café — an established Salvadoran restaurant with a 4.3-star rating and 372+ reviews — operating under a 5-yr NNN
- High-visibility corner location at N. Nellis Blvd. & E. Bonanza Rd. — one of Las Vegas' highest-trafficked intersections
- Two large monument signs providing exceptional street exposure for any incoming tenant
- Immediate cash flow and reliable income foundation for incoming tenants or investors
Executive Summary
Development opportunity with the potential to construct an additional ± 4,000 SF building on the existing lot.
Stabilized in-place income: Santa Ana Café — a well-established Salvadoran restaurant with a 4.3-star rating and 372+ reviews — operating under a 5-year NNN lease.
Immediate cash flow and reliable income foundation for incoming tenants or investors.
Stabilized in-place income: Santa Ana Café — a well-established Salvadoran restaurant with a 4.3-star rating and 372+ reviews — operating under a 5-year NNN lease.
Immediate cash flow and reliable income foundation for incoming tenants or investors.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,960 SF
Building Class
B
Year Built
2005
Price
$3,294,720 CAD
Price Per SF
$832.00 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
0.69 AC
Zoning
C-M - Corridor Mixed Use
Parking
8 Spaces (2.02 Spaces per 1,000 SF Leased)
Frontage
89’ on Nellis Blvd
Amenities
- Pylon Sign
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 140-33-101-019 | Improvements Assessment | $299,637 CAD |
| Land Assessment | $144,510 CAD | Total Assessment | $444,147 CAD |
Property Taxes
Parcel Number
140-33-101-019
Land Assessment
$144,510 CAD
Improvements Assessment
$299,637 CAD
Total Assessment
$444,147 CAD
Contacts
-
Jason Otter -
Gilberto Villegas -
Cooper Powell -
Bart DeBuono -
Logic Commercial Real Estate
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714 N Nellis Blvd
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