4830 W. Craig Road

4830 W. Craig Road, Las Vegas, NV 89130

— For Sale —

Offering Price $4,100,000

Income $110,003

Available Square Footage ± 2,824 - 9,035 SF

Total Square Footage ± 11,270 SF

Property Information

Income-producing, owner-user opportunity in the highly sought-after Craig Road corridor, one of the busiest and most coveted locations in Las Vegas. This ± 11,270 SF building is shadow-anchored by a high-volume Albertsons grocery store (NYSE: ACI) and currently has three tenants: Dollar Max, occupying the end-cap ± 2,824 SF (Suite 150); Energym in Suite 110, occupying ± 2,235 SF; and Wells Fargo, which has an ATM machine in the parking lot. The former Humana space, measuring ± 6,211 SF, is the only true vacancy. However, Dollar Max will vacate upon request, making the total potential available square footage ± 9,035 SF.

This presents an excellent opportunity for an owner-user to purchase an amazing property in a prime location and occupy between ± 6,211-9,035 SF while collecting rental income from the remaining tenants. The current Net Operating Income (NOI) with Dollar Max in place is approximately $95,000. An investor could also purchase this property, lease out the available space, and build to a 7% CAP rate, making it an attractive investment opportunity in a high-traffic area with strong anchor tenants.

Contact

Sean Margulis Logic Commercial Real Estate
Brokerage

Sean Margulis

Founding Partner
Las Vegas
License S.0070247
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O 702.954.4102
C 702.340.4251
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Landon Tenwolde Logic Commercial Real Estate
Brokerage

Landon Tenwolde

Senior Associate
Las Vegas
License S.0184822
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O 702.954.4141
C 248.495.7586
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