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Desert Inn Crossing - 7.8% CAP on Actual Income

3210 S. Nellis Blvd., Las Vegas, NV 89122

N/A

8,600 SF | Retail

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Inline Building

Retail Property - Off Market

Price:
N/A
Gross Leasable Area:
8,600 SF
Property Type:
Retail
Property Sub-type:
Strip Center
Additional Sub-types:
Service/Gas Station
Free Standing Bldg
Vehicle Related
Property Use Type:
Investment
Commission Split:
2%
Cap Rate:
7.80%
Occupancy:
100%
No. Stories:
1
Tenancy:
Multiple
Year Built:
2007
Lot Size:
1 AC
APN / Parcel ID:
161-09-411-006
Listing ID
17103481
Last Updated
over 1 year ago

Highlights

  • **Contact Broker for full Offering Memorandum
  • National and regional tenant mix
  • Recession resistant tenants - check cashing, auto care, Subway and smoke shop
  • Adjoining Fresh & Easy Corporate Store
  • 100% leased; NNN leases
  • Dense in-fill location with little nearby developable land

Description

Desert Inn Crossing consists of a three tenant strip building and one freestanding automotive repair building. Current tenants are ME Auto Care, Check City, Subway and Smokers 3 smoke shop. The property presents an investor with an opportunity to acquire a 100% leased shopping center with a desireable mix of national and local tenants.

Desert Inn Crossing is located north of the northeast corner of Nellis Blvd. & Desert Inn Rd. The center adjoins a Fresh & Easy grocery store, Taco Bell and Auto Zone. Nellis Blvd. is a major north south corridor on the east side of Las Vegas. The center has exposure to 40,000 cars per day on Nellis and an additional 11,000 cars on Desert Inn Rd.

Map of 3210 S. Nellis Blvd., Las Vegas, NV 89122 (Clark County)

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