Las Vegas Retail Investment NNN For Sale

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  • 8/14/2019 Las Vegas Retail Investment NNN For Sale

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    Great investment opportunity! Gibson Business Park is located onGreat investment opportunity! Gibson Business Park is located onthe northwest corner of Gibson and Mary Crest, just north of thethe northwest corner of Gibson and Mary Crest, just north of theI-215 and one block south of the Valley Auto Mall. NationalI-215 and one block south of the Valley Auto Mall. Nationaltenants include 7-Eleven, Heidis Brooklyn Deli and Hertztenants include 7-Eleven, Heidis Brooklyn Deli and HertzRent-a-car. This building is 100% leased and would be perfect forRent-a-car. This building is 100% leased and would be perfect fora 1031 exchange buyer!a 1031 exchange buyer!Hurry! This building will not last!Hurry! This building will not last!

    National Credit Tenants

    100 % Occupied at Close of Escrow

    Long Term leases with yearly increases

    Property located within 1/2 mile from the Valley Auto Mall

    Excellent visibility from Gibson

    New construction

    Gibson and Mary CrestGibson and Mary Crest151 Gibson Road, Henderson, Nevada151 Gibson Road, Henderson, Nevada

    For Sales Information Please Contact:For Sales Information Please Contact:Andrea CatalanoAndrea Catalano [email protected]@dapperdevelopment.comBarri LevyBarri Levy [email protected]@dapperdevelopment.comJoe PlanteJoe Plante [email protected]@dapperdevelopment.com

    702-997-5711702-997-5711

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    Gibson and Mary CrestGibson and Mary Crest151 Gibson Road, Henderson, Nevada151 Gibson Road, Henderson, Nevada S it

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    Gibson and Mary CrestGibson and Mary Crest151 Gibson Road, Henderson, Nevada151 Gibson Road, Henderson, Nevada

    Offering: Fee simple interest Occupancy: 100% at close of escrowOffering: Fee simple interest Occupancy: 100% at close of escrowDescription: NNN Multi-tenant Purchase Price: $3,559,380.00Description: NNN Multi-tenant Purchase Price: $3,559,380.00investment with credit tenantsinvestment with credit tenants NOI: $213,562.80NOI: $213,562.80Location:Location:151 N. Gibson Road, Henderson, NV Cap Rate: 6%151 N. Gibson Road, Henderson, NV Cap Rate: 6%Year Built: Construction Complete Total Building SF: 7,125Year Built: Construction Complete Total Building SF: 7,125Total Land Size: 33,638 SF Acreage: .77 AcresTotal Land Size: 33,638 SF Acreage: .77 AcresAPN: 178-15-511-049APN: 178-15-511-049Zoning: IGZoning: IG

    Specifications

    Low submarket vacancy

    Stable income stream from tenants with well established occupancy history

    Established area with limited land for future development

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    Gibson and Mary CrestGibson and Mary Crest151 Gibson Road, Henderson, Nevada151 Gibson Road, Henderson, Nevada

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    Citymap

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    Gibson and Mary CrestGibson and Mary Crest151 Gibson Road, Henderson, Nevada151 Gibson Road, Henderson, Nevada

    EAGLE GROUP PROJECT SUMMARYEAGLE GROUP PROJECT SUMMARYTENANT SUITE TENANT LEASE TERM RENTAL %TENANT SUITE TENANT LEASE TERM RENTAL %S.F. INCREASES.F. INCREASEHeidi'sHeidi'sBrooklyn Deli 100 2492 5 years 3%Brooklyn Deli 100 2492 5 years 3%Hertz 200 1,947 5 years 3%Hertz 200 1,947 5 years 3%7-Eleven 300 2686 15 years 2%7-Eleven 300 2686 15 years 2%TOTALS 7114 S.F.TOTALS 7114 S.F.

    MONTHLY CAMS $0.38MONTHLY CAMS $0.38RENTAL (est)RENTAL (est)HeidisHeidisBrooklyn Deli $6,603.80 $946.96Brooklyn Deli $6,603.80 $946.96Hertz $4,478.10 $739.86Hertz $4,478.10 $739.867-Eleven $6,715.00 $1,020.687-Eleven $6,715.00 $1,020.68

    TOTALS $17,796.90 $2,707.32TOTALS $17,796.90 $2,707.32$17,796.90 x 12 = $213,562.80$17,796.90 x 12 = $213,562.80$213,562.80 @ 6.0 cap = $3,559,380.00$213,562.80 @ 6.0 cap = $3,559,380.00

    The sales price listed above is subject to adjustment based upon final rental figureby the above noted cap rate.

    The information furnished in this document has been obtained from sources wedeem reliable and is subject to errors, omissions and changes.

    Although Dapper Development has no reason to doubt its accuracy, we do notguarantee it. All information should be verified by the recipient prior to theexecution of legal documents.

    Rent

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    Gibson and Mary CrestGibson and Mary Crest151 Gibson Road, Henderson, Nevada151 Gibson Road, Henderson, Nevada

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