This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

The Village of Centennial Springs 7575 Norman Rockwell Ln

13,914 SF 100% Leased Retail Building Las Vegas, NV 89143 £12,135,017 (£872/SF) 7.15% Net Initial Yield

Investment Highlights

  • One of a kind mixed use development
  • Irreplaceable real estate and location - in the heart of the booming northwest submarket
  • Repainted in April 2023 and new awnings in 2024
  • The only lifestyle center in the Northwest
  • Located in a commercially underserved submarket, which should lead to strong demand and rent-growth potential for years to come
  • High barrier to entry

Executive Summary

Offered exclusively for sale, CAST introduces the OPPORTUNITY to PURCHASE the Seven (7) building Retail portion of a mixed-use office, retail, residential masterplan in the heart of The Northwest of Las Vegas.
Over the past five years, the property has undergone many changes. Eggworks (a well known Las Vegas restaurant chain) bought land and built a new ±5,200 SF breakfast restaurant, additional tenants such as La Casa de Juliette, Featherblade, Nittaya’s Little Kitchen, Coffee Religion, and Sunstone Master Community Association have joined the community.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
13,914 SF
Building Class
B
Year Built/Renovated
2006/2023
Price
£12,135,017
Price Per SF
£872
Net Initial Yield
7.15%
NOI
£867,665
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.06
Lot Size
5.79 AC
Zoning
T-C
Parking
30 Spaces (2.15 Spaces per 1,000 SF Leased)
Frontage
172 ft on Norman Rockwell Ln

Amenities

  • Dedicated Turn Lane

Nearby Major Retailers

Orangetheory Fitness
Sprouts Farmers Market
Bank of America
Albertsons
Starbucks
Baja Fresh Mexican Grill
Chase Bank
America First Credit Union
Smith's
Vitality Bowl
  • Listing ID: 32502935

  • Date on Market: 18/07/2024

  • Last Updated:

  • Address: 7575 Norman Rockwell Ln, Las Vegas, NV 89143

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}