7355 Buffalo Dr, Las Vegas, NV 89113
14,882 SF | 100% Leased | 4-Star Retail Building | Las Vegas, NV 89113 | $10,670,552 ($717/SF) | 6% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $10,670,552
- Property Type
-
Retail
- Square Feet
- 14,882 SF
- Price / Square Foot
- $717
Listing Contacts
J Dapper
Verified Profile
Andrea Santanna
Verified Profile
- Property Info
Property Overview
This offering includes a 14,882-square-foot multi-tenant net leased retail investment at 100% occupancy located in the booming Southwest Las Vegas. All tenants are on long-term leases with options to renew. The property is perfectly positioned at the corner of Buffalo Dr. and Warm Springs Rd. near the affluent Master Planned communities of Rhodes Ranch and Mountain’s Edge. This net leased investment is perfect for an investor looking for a stable income property.
* Six long-term leases in place
* Assumable Non-Recourse CMBS Loan (see financial summary in OM)
* Attractive rental increases
* Strong retail location surrounded by residential
* Rare opportunity to acquire a quality multi-tenant net leased investment in Las Vegas, Nevada
* Retail building built in 2017
* Six long-term leases in place
* Assumable Non-Recourse CMBS Loan (see financial summary in OM)
* Attractive rental increases
* Strong retail location surrounded by residential
* Rare opportunity to acquire a quality multi-tenant net leased investment in Las Vegas, Nevada
* Retail building built in 2017
Property Details
- Class
- B
- Year Built
- 2017
- Stories
- 1
- Property Subtype
- Storefront
- Lot Size (sq. ft)
- 89,298 SF
Highlights
- Six long-term leases in place
- Assumable Non-Recourse CMBS Loan (see financial summary in OM)
- Attractive rental increases
- Strong retail location surrounded by residential
- Rare opportunity to acquire a quality multi-tenant net leased investment in Las Vegas, Nevada
- Retail building built in 2017
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