- For Sale $9,600,000
- Property Type Retail
- Property Size 28,129 SF
- Cap Rate % 6.76
- NOI / YR $649,191.00
- Year Built 1979
- Date Updated Oct 20, 2026
- Visibility/Traffic Count (VPD) 34,000
Description
The Cambridge Group as exclusive advisors are pleased to present the opportunity to acquire The Square (the property), a +/- 28,129 square foot neighborhood retail project in North Las Vegas, Nevada. The offering consists of 2 buildings with 3 different Ingress/Egress'. The shopping center is located on the corner of Lake Mead Blvd. and McDaniel St., just off of the I-15 and Lake Mead Blvd. giving patrons easy access off the highway. Currently 100% leased, built in 1979. The shopping center provides an investor a stable asset with successful long-term occupancy. Furthermore, The Square supports a very diverse tenant structure including a variety of retail and professional services including national brands like Pearl Vision and Cricket Wireless. The property also has one large pylon sign that is showcased to the intersection of Lake Mead and McDaniel which generates over 34,000 vehicles per day.
Investment highlights
$100,000+ invested in updated heating and cooling systems (11 HVAC Units)
Over $100,000 in improvements to tenant spaces
The roof was resealed in 2020
The center's pylon sign was upgraded in 2018
Replacement of sewer line around the building (2024-$78,000+/-)
Replacement of parking lot asphalt (2025-$67,000+/-)
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Contacts
Cambridge Group
Cambridge Group