2061 Losee Rd - Auto Repair FOR SALE


North Las Vegas, NV 89030
$2,690,000 USD
702-215-7131
2061 Losee Rd, North Las Vegas, NV for Sale
$2,690,000 USD
Auto Repair - FOR SALE
1/4
null | 4% Cap Rate

2061 Losee Rd
North Las Vegas, NV 89030


HIGHLIGHTS

  • Large open lot
  • Opportunity to achieve an 8% cap
  • Seller willing to consider all offers including carrying a long term note

OVERVIEW

This 9 Unit Auto Strip offers high potential in increased rents and value. This property has not been managed to properly fill each bay with long term leases. The existing tenants have been there over a decade, and on month-to-month lease agreements for a new owner to come in and restructure. The property includes 2 regular offices, one large office, and 4 restrooms. Walls have been removed within a few bays to increase sq footage for existing tenants. The Auto industry has been growing rapidly in Las Vegas, with the need for owner users, and tenancy, as a limited amount of space is available. Please review the OM for more details. Seller will entertain creative offerings and will carry a long term note.

FOR SALE DETAILS

PRICE

$2,690,000 USD

PRICE/SF

$235 USD /SF

CAP RATE

4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Losee Auto Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Auto Dealership, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,234 SF

ZONING

M-3

APN/PARCEL ID

139-22-602-003

ASK ABOUT THIS PROPERTY

Kandace MurphyMarcus & MillichapMore Info
702-215-7131

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Kandace MurphyMarcus & MillichapMore Info
702-215-7131

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.