1108 E Lake Mead Blvd
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1108 E Lake Mead Blvd
2,904 SF Retail Building North Las Vegas, NV 89030 $2,300,000 ($792/SF)
Investment Highlights
- Amazing Traffic count 44,000 on E Lake Mead 14,000 on N Las Vegas Blvd
- Turn Key Restaurant ready for new Owenrship
Executive Summary
Turn Key Restaurant!!!! Fabulous Location, in Medical food concentrated corridor 300 ft off the hard corner of Las Vegas Blvd. and E Lake Mead Blvd. adjacent to a developing Pink Box donuts right next door, Burger King, McDonalds across the street Arby’s few hundred feet away neighboring German American Club. A 21,000 sq. ft. medical center going in across the street and North Vista Hospital half a block away. The restaurant currently serves Beer and Wine and there are NO Liquor establishments with 1500 feet so obtaining a liquor license is very possible. Property has active grease interceptor as well as additional secured storage behind the building. All equipment in kitchen will convey with the sale. Owners are requesting discretion and viewings are by appointment with listing agents on Tuesday only. Dining area has seating for 99 people with combination of booth & table seating 28 parking spaces with additional storage in back that could add more. A 21,000 sq. ft. medical center going in across the street.
Taxes & Operating Expenses (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$3,500
|
$1.21
|
| Operating Expenses |
$2,000
|
$0.69
|
| Total Expenses |
$5,500
|
$1.89
|
Taxes & Operating Expenses (Actual - 2024)
| Taxes | |
|---|---|
| Annual | $3,500 |
| Annual Per SF | $1.21 |
| Operating Expenses | |
|---|---|
| Annual | $2,000 |
| Annual Per SF | $0.69 |
| Total Expenses | |
|---|---|
| Annual | $5,500 |
| Annual Per SF | $1.89 |
Property Facts
Sale Type
Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
2,904 SF
Building Class
B
Year Built
1971
Price
$2,300,000
Price Per SF
$792
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
0.44 AC
Opportunity Zone
Yes
Zoning
R-A/CR,N. Las Vegas - Commercial Zoning
Parking
25 Spaces (8.61 Spaces per 1,000 SF Leased)
Frontage
125 FT on Lake Mead Blvd
Amenities
- Bus Line
- Pylon Sign
- Signage
Walk Score ®
Very Walkable (81)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 139-23-203-007 | Total Assessment | $126,176 |
| Land Assessment | $60,373 | Annual Taxes | $3,500 ($1.21/SF) |
| Improvements Assessment | $65,803 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
139-23-203-007
Land Assessment
$60,373
Improvements Assessment
$65,803
Total Assessment
$126,176
Annual Taxes
$3,500 ($1.21/SF)
Tax Year
2024
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1108 E Lake Mead Blvd
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