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31247631
31247635

6889 S Eastern Ave, Las Vegas, NV 89119

JK
NV B.0145888.LLC, NV PM.0167521.BKR (+1)
MDL Group
GK
NV NV 65773
MDL Group
Listed by MDL Group
$2,100,000
72 days on market
Updated 71 days ago
Opportunity zone

Palm Court | Condos B & C

Details
APN 177-02-614-080 & 081
Property Type Retail, Office
Sub Type QSR/Fast Food, Storefront (+1)
Square Footage 4,964
Units 2
Cap Rate 5.71%
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $423
Year Built 2006
Buildings 1
Stories 1
Zoning IP
Parking Spaces 5.10 per 1,000 sq ft
Investment Type Stabilized
Sale Condition For sale by owner

Retail | 5.71% CAP | 4,964 SqFt

Marketing description

MDL Group is pleased to present Palm Court located at 6889 S. Eastern Ave. (the Property). This 100% occupied investment opportunity is situated in a prime location right off the intersection of S. Eastern Ave. and E. Sunset Rd. with a combined traffic count of ±70,500 VPD (vehicles per day). The property enjoys frontage on S. Eastern Ave. and is a part of Palm Court Business Park. The condo is occupied by Unifi Aviation.

The property offers convenient access to the Harry Reid International Airport, I-15/I-215 Interchange, and the Las Vegas Strip. The property is surrounded by a variety of amenities, with close proximity to Town Square Las Vegas, Las Vegas Premium Outlets – South, Sunset Park, Eastern Springs Village Shopping Center, several national hotel brands including Hampton Inn & Suites and La Quinta Inn, and Wildhorse Golf Club. The property benefits from a fast-growing population of ±396,016 residents within a 5-mile radius.

Investment highlights

  • 100% Occupied Investment Opportunity
  • Airport Submarket
  • Two long term tenants: Unifi Aviation (Condo B) and Subway (Condo C).
  • Minutes away from Harry Reid International Airport, the Las Vegas Strip, and Town Square
  • 0.6 miles south of Harry Reid International Airport
  • Sourrounded by amenities

Listing Contacts

JK
NV B.0145888.LLC, NV PM.0167521.BKR (+1)
MDL Group
GK
NV NV 65773
MDL Group
Listed by MDL Group

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Additional Information

Name
Jarrad Katz, SIOR, CCIM
License
B.0145888.LLC
Brokerage Phone
7023881800
Name
Galit Kimerling-Moreau
License
NV 65773
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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