Value-Add Office and Rental Income Lot

2 Properties | Online Auction Sale | Las Vegas, NV

Date Added:
May 17, 2024
Days on Market:
28 days
Property Type
Office

Listing Contacts

Myles Johnson
Myles Johnson
Verified Profile
John Artozqui
John Artozqui
Verified Profile
  • Property Info

Property Overview

MDL Group is pleased to offer for sale 3120 & 3055 E Desert Inn Road.

3120 E Desert Inn Road is a 19,998-square-foot office building with an adjacent improved parking lot and frontage located along the high-trafficked East Desert Inn Road, with traffic counts of 37,500 vehicles per day. The property, renovated in 2012, was built in 1986 and is constructed on a 0.92 AC lot with an interior space divided into multiple office suites. The current vacancy boasts six suites on the first floor, and another six suites on the second floor, allowing for a value-add opportunity through leasing or renovations. Owner/users, on the other hand, will enjoy the flexibility and customization options that come with owning the property.

The offering also provides ownership of 3055 E Desert Inn Road, a nearby 0.48-acre lot with 47 stalls that can be used to generate rental income from neighboring buildings for parking.

3120 & 3055 E Desert Inn Road enjoy proximity to top-tier amenities, including several retail corridors and shopping centers along the busy Desert Inn Road artery. Employees enjoy convenient access to businesses, including Albertsons, the original Lindo Michoacan restaurant, La Bonita supermarket, Starbucks, and McDonald's.

The property benefits from a strategic position within Central Las Vegas. With the world-famous Las Vegas Strip and Downtown Las Vegas just minutes away, it offers easy access to the immense foot traffic and business opportunities it generates. Additionally, the Harry Reid International Airport is situated nearby, providing convenient transportation connections for clients and employees. This central location sits at the heart of the action and is within a few minutes of the Interstate 515 Freeway, making it ideal for businesses seeking proximity to the vibrant core of Las Vegas.

Highlights

  • 3120 E Desert Inn Road offers a vacant 19,998-square-foot office with parking in a highly visible and amenity-rich commercial hub.
  • Vacancy includes six suites on both floors, lending significant leasing or renovation upside for an investor or flexibility for an owner/user.
  • Ideal location on a signalized intersection of Central Las Vegas, with easy access to The Strip, Downtown, and the Harry Reid International Airport.
  • Opportunity is enhanced by the inclusion of 3055 E Desert Inn Road, a nearby 0.48-acre lot with 47 stalls that can be used for rental income.

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