4585 W Nevso Dr - Auto Repair FOR SALE


Las Vegas, NV 89103- West of the Strip
$1,150,000 USD
720-218-3828
4585 W Nevso Dr, Las Vegas, NV for Sale
$1,150,000 USD
Auto Repair - FOR SALE
1/5
null | 4.19% Cap Rate

4585 W Nevso Dr
Las Vegas, NV 89103
West of the Strip


HIGHLIGHTS

  • Situated between the Palm and Orleans casinos and not far off I15, in a great location.

OVERVIEW

Great opportunity to own this property with long term tenant. Leased through May 2028 with annual rent increases each May. Owner has a lot of loyal clients with repeat business. Highly rated auto repair business in the community. Mezzanine storage area over offices. Building has swamp cooling as the doors are open most days. A major benefit to this property is the depreciation excess. Using a straight line 39 year depreciation schedule the annual depreciation is $29,487. With the low annual expense's of this property the depreciation can offset other income on annual taxes. Motivated sellers.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$259 USD /SF

CAP RATE

4.19%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

M-1

APN/PARCEL ID

162-19-103-001

ASK ABOUT THIS PROPERTY

Jerry BrownJ&SB Enterprises, llcMore Info
720-218-3828

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Jerry BrownJ&SB Enterprises, llcMore Info
720-218-3828

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