multi tenant office building multi tenant office … · 2018. 2. 28. · las vegas, nv 89130 the...
TRANSCRIPT
The information above has been obtained from sources we deem reliable and is submitted subject to errors, omission and changes..While we do not doubt its accuracy, we have not verified it and make no guarantee warranty or representa-
tion about it. The recipient prior to lease, purchase, exchange or execution of legal documents should verify all information.
3658 N Rancho Dr # 101
Las Vegas, NV 89130
www.albrightcallister.com
Douglas Albright Bryan Houser
Broker Senior Associate
[email protected] [email protected]
Office: 702-732-1000 Fax: 702-395-9462
MULTI TENANT OFFICE BUILDING MULTI TENANT OFFICE BUILDING 1550 E SAHARA AVE Las Vegas, NV 891041550 E SAHARA AVE Las Vegas, NV 89104
VALUE ADD
INVESTMENT OPPORTUNITY
The information above has been obtained from sources we deem reliable and is submitted subject to errors, omission and changes..While we do not doubt its accuracy, we have not verified it and make no guarantee warranty or representation about
it. The recipient prior to lease, purchase, exchange or execution of legal documents should verify all information.
3658 N Rancho Dr # 101
Las Vegas, NV 89130
www.albrightcallister.com
Douglas Albright Bryan Houser
Broker Senior Associate
[email protected] [email protected]
Office: 702-732-1000 Fax: 702-395-9462
FOR SALE MULTI TENANT OFFICE BUILDING
1500 E Sahara Ave Las Vegas, NV 891041500 E Sahara Ave Las Vegas, NV 89104
The value add asset for sale located just East of Maryland Pkwy and front on E Sahara Ave is a great price point and has upside with
flexible leasing options and rates. The total building size is 6,317 SF and it has a healthy rent roll with a diversified tenant mix. Ample
parking and minutes from Las Vegas Blvd. A new owner can benefit from adding value to the property with increased rents and filling the
small vacancy in the building. Suites are ready to be leased. The building was built in 1965 and has been maintained by current
Ownership for a number of years. The building is prime for a 1031 exchange or investor looking to be in the market under a million
dollars. Property has a billboard on site and can provide additional income upon the lease expiration in 2022.
THE BUILDING:
FEATURES:
Price: $695,000.00 or $110.02SF
CAP Rate: 6.7% CAP based on NOI
Total Building Square Footage: 6,317 SF
Zoning: (C-1) Limited Commercial District
Currently 78% Occupied with value add in placing Tenants and increased
rent
Potential income from the Billboard sign at the lease expiration in 2022
anticipated at $7-9,000/ yr average for this area.
The information above has been obtained from sources we deem reliable and is submitted subject to errors, omission and changes..While we do not doubt its accuracy, we have not verified it and make no guarantee warranty or representation about
it. The recipient prior to lease, purchase, exchange or execution of legal documents should verify all information.
3658 N Rancho Dr # 101
Las Vegas, NV 89130
www.albrightcallister.com
Douglas Albright Bryan Houser
Broker Senior Associate
[email protected] [email protected]
Office: 702-732-1000 Fax: 702-395-9462
FOR SALE MULTI TENANT OFFICE BUILDING
1500 E Sahara Ave Las Vegas, NV 891041500 E Sahara Ave Las Vegas, NV 89104
BUILDING PHOTOS:
The information above has been obtained from sources we deem reliable and is submitted subject to errors, omission and changes..While we do not doubt its accuracy, we have not verified it and make no guarantee warranty or representation about
it. The recipient prior to lease, purchase, exchange or execution of legal documents should verify all information.
3658 N Rancho Dr # 101
Las Vegas, NV 89130
www.albrightcallister.com
Douglas Albright Bryan Houser
Broker Senior Associate
[email protected] [email protected]
Office: 702-732-1000 Fax: 702-395-9462
FOR SALE MULTI TENANT OFFICE BUILDING
1500 E Sahara Ave Las Vegas, NV 891041500 E Sahara Ave Las Vegas, NV 89104
BUIILDING AERIAL PHOTO
The information above has been obtained from sources we deem reliable and is submitted subject to errors, omission and changes..While we do not doubt its accuracy, we have not verified it and make no guarantee warranty or representation about
it. The recipient prior to lease, purchase, exchange or execution of legal documents should verify all information.
3658 N Rancho Dr # 101
Las Vegas, NV 89130
www.albrightcallister.com
Douglas Albright Bryan Houser
Broker Senior Associate
[email protected] [email protected]
Office: 702-732-1000 Fax: 702-395-9462
FOR SALE MULTI TENANT OFFICE BUILDING
1500 E Sahara Ave Las Vegas, NV 891041500 E Sahara Ave Las Vegas, NV 89104
BUIILDING AERIAL PHOTO
FOR SALE MULTI TENANT OFFICE BUILDING
1500 E Sahara Ave Las Vegas, NV 891041500 E Sahara Ave Las Vegas, NV 89104
3658 N Rancho Dr # 101
Las Vegas, NV 89130
www.albrightcallister.com
Douglas Albright Bryan Houser
Broker Senior Associate
[email protected] [email protected]
Office: 702-732-1000 Fax: 702-395-9462
RENT ROLL AND INVESTMENT SUMMARY
The information above has been obtained from sources we deem reliable and is submitted subject to errors, omission and changes..While we do not doubt its accuracy, we have not verified it and make no guarantee warranty or representation about
it. The recipient prior to lease, purchase, exchange or execution of legal documents should verify all information.
3658 N Rancho Dr # 101
Las Vegas, NV 89130
www.albrightcallister.com
Douglas Albright Bryan Houser
Broker Senior Associate
[email protected] [email protected]
Office: 702-732-1000 Fax: 702-395-9462
FOR SALE MULTI TENANT OFFICE BUILDING
1500 E Sahara Ave Las Vegas, NV 891041500 E Sahara Ave Las Vegas, NV 89104
Operating Costs:
The information above has been obtained from sources we deem reliable and is submitted subject to errors, omission and changes..While we do not doubt its accuracy, we have not verified it and make no guarantee warranty or representation about
it. The recipient prior to lease, purchase, exchange or execution of legal documents should verify all information.
3658 N Rancho Dr # 101
Las Vegas, NV 89130
www.albrightcallister.com
Douglas Albright Bryan Houser
Broker Senior Associate
[email protected] [email protected]
Office: 702-732-1000 Fax: 702-395-9462
FOR SALE MULTI TENANT OFFICE BUILDING
1500 E Sahara Ave Las Vegas, NV 891041500 E Sahara Ave Las Vegas, NV 89104
ALBRIGHT CALLISTER & ASSOCIATES
LISTING DETAIL SHEET
OFFICE
Listing Agent (s): Douglas Albright
Bryan Houser
Beth Adam
Phone: 702-732-1000
Fax: 702-395-9462
Address: 3658 N Rancho Dr #101
Las Vegas, NV 89130
Last Update: 2/26/18
Property Name: Multi Tenant Office Building
Address: 1500 E Sahara Ave Las Vegas, NV 89104
Cross Streets: Maryland Pkwy and E Sahara Ave
County: Clark
Zoning: Limited Commercial (C-1)
APN: 162-02-410-140
Building Area: 6,317 SF
Year Built: 1965
Flood Zone: Property not in 100 yr Flood Zone
LOCATION
Located on E Sahara about 1/2 mile East of Maryland Parkway.
Property Square Footage Sales Price Price/SF CAP RATE
1500 E Sahara 6,317 $695,000.00 $110.02/SF 6.7%