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100% Occupied Multi-Tenant Pad Building 4065 S Maryland Pky 6,500 SF 100% Leased Retail Building Las Vegas, NV 89119 $3,920,000 ($603.08/SF) 5.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Stable Income-NNN Leases
- Visible Street Presence-Fronts Maryland Pkwy, which is major transportation route in Las Vegas
- Excellent Retail Location-Densley Populated Established University Trade Area
EXECUTIVE SUMMARY
INVESTMENT HIGHLIGHTS
• Complimentary Tenancy-Anchored by Target (NAP) owned box and a curated mix of service and food/beverage tenants.
• Long Term Leases-WALT 5.8 Years
• Stabilized Property-Long standing tenants. Five Guys recently signed long term extension.
EXECUTIVE SUMMARY
ROI Commercial Real Estate is pleased to present the opportunity to purchase a 100% occupied +/- 6,500 SF multi-tenant building located within Maryland Crossing, which is a Target (NAP) anchored retail center at the NWC of Maryland Pkwy & Flamingo Rd.
The tenant mix includes Five Guys, Metro by T-Mobile, and Metro Vape & Smoke Shop.
The property is located in the central portion of the Las Vegas Valley, specifically in the university retail district within close proximity to UNLV, The Las Vegas Strip, and Harry Reid International Airport.
• Complimentary Tenancy-Anchored by Target (NAP) owned box and a curated mix of service and food/beverage tenants.
• Long Term Leases-WALT 5.8 Years
• Stabilized Property-Long standing tenants. Five Guys recently signed long term extension.
EXECUTIVE SUMMARY
ROI Commercial Real Estate is pleased to present the opportunity to purchase a 100% occupied +/- 6,500 SF multi-tenant building located within Maryland Crossing, which is a Target (NAP) anchored retail center at the NWC of Maryland Pkwy & Flamingo Rd.
The tenant mix includes Five Guys, Metro by T-Mobile, and Metro Vape & Smoke Shop.
The property is located in the central portion of the Las Vegas Valley, specifically in the university retail district within close proximity to UNLV, The Las Vegas Strip, and Harry Reid International Airport.
DATA ROOM Click Here to Access
PROPERTY FACTS Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
6,500 SF
Building Class
B
Year Built
1998
Price
$3,920,000
Price Per SF
$603.08
Cap Rate
5.75%
NOI
$225,378
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
0.43 AC
Zoning
CG, County - Commercial General-Clark County
Parking
54 Spaces (6.92 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
Walk Score®
Very Walkable (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 162-15-812-004 | Improvements Assessment | $207,454 |
| Land Assessment | $81,641 | Total Assessment | $289,096 |
PROPERTY TAXES
Parcel Number
162-15-812-004
Land Assessment
$81,641
Improvements Assessment
$207,454
Total Assessment
$289,096
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100% Occupied Multi-Tenant Pad Building | 4065 S Maryland Pky
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