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Bank Owned !! Leased Bldg In Coronado Bay Business Park 7942 West Sahara Avenue, Las Vegas, NV 89117
Office Building
Business Park
Property Description
Professional office building in the desirable 89117 zip code, (Summerlin trade area) in the Coronado Bay Business Park. A great free standing building in a 10 building well maintained business park. Building includes a reception area, private offices, conference room, restrooms and covered parking. Easy accessibility for ingress and egress for clients and professional users alike. Tenant is a 20 plus year business operation in the first year of a 3 year lease with two 1 year extensions in place (lease available for review to qualified buyers). Modified Gross Lease in place. ****Do not disturb Tenants******BY appointment only*** Call for a private appointment- Dave Matthews at 496-7016 or Chris Samson at 303-5276
Area Description
Located on busy West Sahara Ave. between Buffalo and Durango in the Coronado Bay Business Park. This property has excellent visibility and accessibility for professional users and clientel.
Highlights
Bank-Owned!!!!!
Tenant in place thru 2012 with extensions in lease
Great lease rate with built in graduations in coming years
High end Business Park
Daily Car counts over 43,000
Reception Area/Conference Room/Private Offices/Restrooms
Great parking including covered spaces
Motivated Seller/Possible Financing
Free Standing Bldg
Great price at $166 per foot with TENANT in place
Full Address: 7942 West Sahara Avenue, Las Vegas, NV 89117
Listing Type: FOR SALE
Status: Sold
Building Class: B
Zoning: Office (O)
Region: W-WM
County: Clark County
Closest Cross Streets: Sahara and just west of Buffalo
Use Type: Investment
Property ID: 127957
Has Water: Yes
Has Electric: Yes
Water: Yes
Building Sf: 4800
Parcel Num: 163-04-815-010
Number Units: 1
Number Buildings: 1
Section: 4
Financial Terms: owner may offer financing for qualified buyer
Free Standing: Yes
Cap Rate: 10
Tenancy Type: Single-Tenant
Bank-Owned!!!!!
Tenant in place thru 2012 with extensions in lease
Great lease rate with built in graduations in coming years
High end Business Park
Daily Car counts over 43,000
Reception Area/Conference Room/Private Offices/Restrooms
Great parking including covered spaces
Motivated Seller/Possible Financing
Free Standing Bldg
Great price at $166 per foot with TENANT in place
Average Monthly Rent - 4800: 7140
Cash Flow Type: Actual
Cf Year: 2010
Cf Sched Income: 74715
1: Elite Realty Occupied: 4800 SF Lease Expiration: 2012