Property Listing No Longer Available for Sale

3838 Raymert, Las Vegas, NV

Office for Sale - $1,400,000 - 14,270 Sq. Ft.


Property Info

CIMLS#997397
Location
  3838 Raymert
  Las Vegas NV 89121
UpdatedMay 8th, 2018
TypeOffice
Price$1,400,000
Building14,270 Sq. Ft.

Property Description

Albright Callister is pleased to present the three (3) Executive Office Multi Tenant buildings for acquisition totaling 14,270 SF. The buildings are currently occupied with many long term tenants and managed by the owner of the property. Proactive maintenance this asset would make great income for a new owner. Potential for add value in rent increases and setting up longer lease terms. Current tenants on a month to month lease. Conference/mail room. Managers office.

Area Description

Albright Callister is pleased to present the three (3) Executive Office Multi Tenant buildings for acquisition totaling 14,270 SF. The buildings are currently occupied with many long term tenants and managed by the owner of the property. Proactive maintenance this asset would make great income for a new owner. Potential for add value in rent increases and setting up longer lease terms. Current tenants on a month to month lease.

Property Features

1.Multi Units Diversified Rent Roll

2.Units available for lease to add value to income

3.Current Income $71,820.00 / YR NOI

4.CAP Rate 5.1%

5.Increase Return on Income by filling vacancies


Financials

Current Income $71,820 Yr NOI. Increase return by filling vacancies.