This property is Off-Market

700 Belrose
Las Vegas, NV 89107 ·

41,080 SF · Office For Sale

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700 Belrose

Price N/A Cap Rate 7%
Building Size 41,080 SF Occupancy 100%
Property Type Office No. Stories 2
Property Sub-type
Office Building
More...
  • Institutional/ Governmental
Tenancy Single
Property Use Type Net Lease Investment with 2 years left on lease Year Built 1973
Commission Split 3% Lot Size 1.99 AC
Listing ID: 14991484 Date Created: 02/07/2007 Last Updated: 09/26/2007

Description

7% Cap Rate!! This is a centrally located income/investment opportunity.+/- 41,000 SF building; located on +/- 2 acres. This property has been leased to a single tenant since 1974 (Nevada Department of Welfare). The lease is paid quarterly, and three months in advance. Tenant also leases both adjoining properties. The property is located near Rancho and US95/I15. Open parking. This Property MUST be an accompanyied showing (Agent and Owner. DO NOT contact tenents as they are not aware the property is being sold. Contact Agent for showings (will be easy) Price for this property is $5,655,000.00.

Northwest/Central Las Vegas Located just North of the Northwest corner of Bonanza and Belrose just off Rancho near US 95.

Highlights

  • Great Investmet potential
  • Long term tenant
  • Centraly located
  • 7% CAP RATE

Research

700 Belrose, Las Vegas, NV 89107 (Clark County)

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