CONSTRUCTION: 1951, RENOV. 2016

Transcription

1 AS FOR SALE $7 50 OFFICE BUILDINGS, LAS VEGAS, NV ZONED: C-1, LAS VEGAS APN: CONSTRUCTION: 1951, RENOV KIN GP RIC,00 LOT: 0.17 AC GLA: 2,500 0 E PARKING: 3.60 offers 2,500± sf of gross leasable area in Lawyers Row at e Souwest corner of Sou 6 reet and East Bonneville Ave, just a block East of Las Vegas Blvd. Located in e heart of e booming Downtown Las Vegas submarket. The property is easily accessible from e I-15 and US-95/I-515 freeways and is wiin walking distance from e Federal Courouse, Foley Building, Regional Justice Center, and City Hall. A recent $300,000+ remodel of e property ensures at e property shows well, wi no known deferred maintenance. Property Highlights: Fresh $300k remodel of office space wi impeccable attention to detail Merely 150 feet East of Sou Las Vegas Boulevard Private parking lot wi 9 parking spaces Great investment opportunity Possible Value-add scenario wi replacment tenancy on 717sf space. Tenants pay for electricity, alarm, & data. Landlord pays for HVAC repairs and all oer utilities. Less an a mile away from I-515 via 6 reet & Las Vegas Boulevard E Clark S lvd sb a g e sv La E Bon nevill e Ave Ave Asking only: $750,000 S6 Federal Courouse Historic 5 School Gar ces Ave C: E: rob@hatrak.com

2 FLOOR PLANS & SITE PLAN OFFICE BUILDINGS, LAS VEGAS, NV BLDG SIZE (± SF) DESCRIPTION A 1,783 Paper Bag Beauty B 717 Bail Bonds Building A - 1,783 sf Building B sf Bldg B Bldg A S 6 E Bonneville Ave C: E: rob@hatrak.com

3 FACTS & FIGURES OFFICE BUILDINGS, LAS VEGAS, NV Purchase Price: $750,000 Gross Income: $47, Total Expenses: $10,500 NOI: $36, Cap Rate: 4.89% Price Per Square Foot: $300 Total Gross Leasable Space: 2,500± sf Occupancy: 100% Number of Tenants: 2 Tenant Profiles: *Full tenant lease details will be provided to qualified buyers. Year Built: Paper Bag Beauty (1,783± sf) New 5-Year lease signed October 2017 A-Dollar Bail Bonds (717± sf) - Lease expiration: January Tenant has been in place for 11 years. - There is a buy-out clause in is lease should a new owner desire to occupy or find a different tenant for e space. 1951, wi 2016 renovation (more an $300k invested) Number of ructures: 2 Construction: HVAC: Roof System: Fire, Life, & Safety: Utilities & Service: Frontage: Ingress/Egress: Parking: Continuously poured monoliic slab poured on reinforced concrete footings. Construction components include a wood frame structure wi stucco finishes. All retail areas feature central HVAC systems wi forced air furnaces. Shingled pitch roof Las Vegas Metropolitan Police Department and City of Las Vegas Fire Department bo provide quick response times. Roving security patrols are utilized on a contract basis as needed. All utilities are readily available to e site in adequate quality and quantity to service e highest and best use of e property. E. Bonneville Avenue & S 6 reet Access to e property is provided by two curb cuts, one on each of Bonneville and 6. 8 parking spaces on two private lots. reet level parking is also available.

4 EXTERIOR PHOTOS OFFICE BUILDINGS, LAS VEGAS, NV

5 PHOTOS - BLDG A OFFICE BUILDINGS, LAS VEGAS, NV

6 Soho Lofts Juhl S L as Ve Newport Lofts ille B lvd Bl vd Historic 5 School E Charleston Blvd ga s S6 E Bo nnev USPS Federal Courouse S7 County of Clark: Marriage Bureau S8 Las Vegas City Hall Lowden Theater LV Academy of e Arts hs t S 9t Lou Ruvo Center for Brain Heal ger Av e Carso n Ave E Cla rk A ve E Brid Fremo nt S t The Ogden S 10 OFFICE BUILDINGS, LAS VEGAS, NV S 11 MAP