Nevada / Las Vegas / 89130 / 3131 North Rancho Drive

3131 North Rancho Drive

Q: What is the asking price for 3131 North Rancho Drive in Las Vegas?

The asking price for 3131 North Rancho Drive is $2,650,000

Q: What is the building size of this Flex/Office Whs property in Las Vegas, NV?

The size of the building/unit at 3131 North Rancho Drive in Las Vegas is 30,934 square feet.

Q: How much land does the Las Vegas, NV property at 3131 North Rancho Drive include?

3131 North Rancho Drive in Las Vegas includes 3.180 acres of land.

Q: What is the population within 1 mile of 3131 North Rancho Drive?

The population within 1 mile of 3131 North Rancho Drive Las Vegas, NV 89130 is 18,198 people.

Q: Who do I contact for questions about 3131 North Rancho Drive?

You should contact the listing agent, Maureen Waters, for any details regarding this commercial listing.

Las Vegas, NV 89130

Listing ID: 145357

Print Single-Page Version

3131 North Rancho Drive Las Vegas, NV 89130 | for Sale | Photo 1

Building Size: 30,934 SF

Lot Size: 3.180 AC

Land Size: 138,520 SF

Building $/SF: $85.67

Land $/SF: $19.13

Price

$2,650,000

Description

Savers

Price:
$2,650,000 USD

Sale Type:
Investment

Cap Rate:
6.89%

Sale Conditions:
Investment Triple Net

Property Type:
Retail

Property Sub-type:
Freestanding

Building Class:
B

Lot Size:
3.18 AC

Gross Leasable Area:
30,934 SF

No. Stories:
1

Year Built:
1983

Tenancy:
Single

Parking Ratio:
5.65/1,000 SF

Zoning Description:
C2, Las Vegas

APN / Parcel ID:
138-13-511-007

HighLights

Savers is One of the largest privately owned and operated global thrift retailers.
6.89% CAP Rate at Offering Price
100% Occupied

Description
This property is situated within the North submarket in the Las Vegas Valley with the address of 3121 N. Rancho Drive, Las Vegas, Nevada. It is located south of the southwest corner of Cheyenne Avenue and Rancho Drive and offers easy access to US-95 which is just two miles to the west. The property is leased to Savers and is adjacent to 99 Cents Only with close proximity to the national retailers including Wal-Mart Supercenter, McDonald’s, Jack in the Box and Wienerschnitzel. Other major traffic generators in the area include the North Las Vegas Airport and the Fiesta Rancho and Texas Station Hotels & Casinos.

Sale Notes
ROI Commercial Real Estate, Inc. is pleased to offer the opportunity to purchase a single tenant NNN property leased to Savers, a 300+ location thrift retailer. The property is located 2 miles from US 95 and is on Rancho Drive (over 27,000 VPD), one of the major throroughfares in the Las Vegas Valley. The building size is ±30,190, and the parcel size is 3.18 acres. 99 Cents Only, an extremely popular dollar store, is open within the same center. The purchase will give an investor a value add opportunity with a national retailer in an established location.

Major Tenants

Tenant
Lease End Date
SF Occupied

Savers
December 2020
30,190

Maureen Waters(702) 570-5124

Kit Graski(702) 570-5377

George Okinaka(702) 570-5376

Randy Ibara(323) 721-7312

Attachments & Files

3121-n-rancho-dr-brochure-gfg.pdf

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Las Vegas History of Flex-Office-Warehouse for Sale

Loan and Amortization Calculator

Listing Price

Down Payment

Loan Amount:

Interest Rate:

Term (months):

Your Monthly Payment

$0.00

Total Principal: --

Total Interest: --

Total Cost: --

Month	Payment	Principal	Interest	Total Interest	Balance
$0.00	$0.00	$0.00	$0.00	$0.00	$0.00

Listing Demographics for 3131 North Rancho Drive Las Vegas, NV 89130

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		18,198	174,748	439,324
Population Median Age		39	37	38
Population by Age	0-9 Yrs	2442 (13%)	24676 (14%)	58759 (13%)
	10-19 Yrs	2299 (12%)	22497 (12%)	57364 (13%)
	20-29 Yrs	2323 (12%)	26084 (14%)	61250 (13%)
	30-39 Yrs	2341 (12%)	23480 (13%)	58154 (13%)
	40-49 Yrs	2403 (13%)	23025 (13%)	59586 (13%)
	50-59 Yrs	2581 (14%)	21925 (12%)	56372 (12%)
	60-69 Yrs	1918 (10%)	17741 (10%)	46966 (10%)
	70+ Yrs	1891 (10%)	15320 (8%)	40873 (9%)

Median HH Income		$48,214	$50,288	$53,603
Total Household Income	< 24K	1493 (24%)	13375 (21%)	31772 (20%)
	25-49K	1703 (27%)	16881 (27%)	39766 (26%)
	50-74K	1172 (18%)	12326 (20%)	29066 (19%)
	75-99K	1020 (16%)	8885 (14%)	21264 (13%)
	100-199K	741 (11%)	8383 (13%)	25529 (16%)
	200K+	88 (1%)	965 (1%)	4889 (3%)

Highest Education Level	No Diploma	2819	21009	47472
	Diploma or GED	4285	38089	90173
	Some College	3108	29100	76726
	Assoc. Degree	727	8818	22997
	Bachelors Degree	1053	11999	37527
	Higher Degree	399	5638	19390

Total Housing Units		6,877	66,781	169,204
--Owner-Occupied		3,210	30,480	82,918
--Renter-Occupied		3,007	30,336	69,368
Owner-Occupied Values	< 100K	258	3772	8568
	100-199K	1270	14124	31386
	200-299K	1148	8663	25516
	300-399K	380	2558	9430
	400-499K	73	743	4158
	500K+	81	620	3859

Total Working Age Population		14,105	135,863	344,630
In Work Force		9,035	88,276	217,874
Not In Work Force		5,070	47,587	126,756
Workforce Employed		8,310	80,748	199,683
Workforce Unemployed		724	7,298	17,059
Civlian Workforce		9,034	88,046	216,742
Military Workforce		1	229	1,133

Total Households		6,217	60,816	152,286
Family Households		4,000	38,642	98,668
Non-Family Households		2,217	22,174	53,618
Married Couple		2,320	23,472	63,712
Other Family		1,680	15,170	34,956
Married w/Child		803	9,418	25,002
Single Male w/Child		338	2,636	5,272
Single Female w/Child		464	5,227	12,264

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Nevada	1,998,257	+35	2,700,551	+17	3,149,234	+10	3,460,728
Clark County	1,375,765	+42	1,951,269	+19	2,318,174	+10	2,550,048

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 3131 North Rancho Drive in Las Vegas?

The asking price for 3131 North Rancho Drive is $2,650,000

What is the building size of this Flex/Office Whs property in Las Vegas, NV?

The size of the building/unit at 3131 North Rancho Drive in Las Vegas is 30,934 square feet

How much land does the Las Vegas, NV property at 3131 North Rancho Drive include?

3131 North Rancho Drive in Las Vegas includes 3.180 acres of land

What is the population within 1 mile of 3131 North Rancho Drive in Las Vegas?

The population within 1 mile of 3131 North Rancho Drive Las Vegas, NV 89130 is 18,198 people.

Who do I contact for questions about 3131 North Rancho Drive?

You should contact the listing agent, Maureen Waters, for any details regarding this commercial listing.

Other Listings for Sale Nearby

Address	Price	Sq Ft	Acres
4155 West Bell Drive, Las Vegas, NV	$955,000	3987	0.19
4101 East Charleston Boulevard, Las Vegas, NV	$8,500,000	148058	12.21
5419 South Decatur Boulevard, Las Vegas, NV	$1,900,000	13463	0.4
4440 East Tropicana Avenue, Las Vegas, NV	$13,551,667	39212	-
1620 East Serene Avenue, Las Vegas, NV	$650,000	2400	1
4162 Kathy East, Fort Mohave, AZ	$2,750,000	3000	0.32
5500 West 290 North, Hurricane, UT	$1,200,000	6000	0.42
N NWC I-10 W Main Event Ln, Quartzsite, AZ	$990,000	26620	2.61
501 Alabama Street, Redlands, CA	CALL	80954	4.13
390 North H Street, San Bernardino, CA	$1,300,000	8596	0.6

Closest Commercial Airports

Airport	Distance (mi)
McCarran International Airport (LAS)	10
Ontario International Airport (ONT)	201
John Wayne Airport-Orange County Airport (SNA)	231