8924 Spanish Ridge Ave - Office FOR SALE


Las Vegas, NV 89148- Spring Valley
$5,550,000 USD
702-326-3535
8924 Spanish Ridge Ave, Las Vegas, NV for Sale
$5,550,000 USD
Office - FOR SALE
1/10
null | 5.79% Cap Rate

8924 Spanish Ridge Ave
Las Vegas, NV 89148
Spring Valley


OVERVIEW

Stable investment opportunity available in the desired southwest submarket of Las Vegas. The property is highly improved with extra power and a back up generator for security and efficiency. This is a true NNN lease. The strong, credit tenant is the original occupant of the building and pays for all operating expenses. 5 years remain on the lease with 2.25% annual increases and options to renew.

FOR SALE DETAILS

PRICE

$5,550,000 USD

PRICE/SF

$418 USD /SF

CAP RATE

5.79%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bldg 4

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

57

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

37,897 SF

ZONING

C-2

APN/PARCEL ID

163-29-711-005

ASK ABOUT THIS PROPERTY

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702-326-3535

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702-326-3535

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