Description

3606, 3630, and 3650 N Rancho Drive offer a rare opportunity to acquire three fully stabilized, multi-tenant retail buildings totaling approximately 61,700 SF in Northwest Las Vegas. Priced at $13,950,000 ($226/SF), the portfolio provides an attractive basis below replacement cost, featuring strong in-place income and meaningful rental upside. The properties are 100% leased, with current rents roughly 20% below market, and recently executed leases at market rates highlight immediate growth potential for a new owner. Located along the high-traffic N Rancho Drive corridor, the assets enjoy excellent visibility, favorable demographics, and proximity to major retailers and surrounding residential neighborhoods. This portfolio is an ideal investment for those seeking a stable, cash-flowing retail asset with near-term value-add opportunities in one of Las Vegas’s most resilient and expanding trade areas.