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31423919
31423920

5785 Spring Mountain Rd, Las Vegas, NV 89146

BC
NV B25444
$3,890,000
64 days on market
Updated 64 days ago

5785 Spring Mountain

Details
APN 163-13-203-011
Property Type Office, Retail
Sub Type Medical Office, Storefront
Square Footage 4,686
Net Rentable (SqFt) 4,686
Occupancy 50%
Tenancy Multi
Lease Type NNN
Price per SqFt $830
Broker Co-Op Yes
Class B
Year Built 1981
Year Renovated 2018
Buildings 2
Stories 1
Lot Size (SqFt) 40,511
Zoning GC
Parking Spaces spaces
Investment Type Sale/Leaseback
Tenant Credit Corporate Guarantee
Sale Condition 1031 exchange

Office/Retail | 4,686 SqFt

Marketing description

This property is located within the "Inspiring Spring Mountain redevelopment project "Corridor stretching E to W from I 15 to Rainbow. and N to S from Desert Inn to Twain. This corridor has long served as the Heart of Las Vegas' Asian, Native Haiwaian, and Pacific Islander Community including China Town. Supported by the Clark County Redeverlopment Agency, this plan aims to become a community -driven roadmap that celebrats the Las Vegas Chinatown, supports small busineses, and re-imagines the area as a shaded, walkable and sustaiable cultural destination for Clark County.

The property is conveniently located to the strip, the Airport and all the Sports activities.

Investment highlights

1. The zoning of the property is CG (commercial general) which could afford various types of commercial uses. The

Dental Office business could be available for purchase.

2. Part of the planned redevelopment with a foreseeable growing business activity

3. High exposure corner next to a newer center to the W and thousands of households right behind the property

4. Existing dental office and the other building is also set up for another dental specialist.

5. The parcel can accomodate additional 5000 sf building.

6. It is no secret Nevada is one of the states that does not impose a state income or investment tax

Listing Contacts

BC
NV B25444

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Additional Information

Name
Betty Chan
License
B25444
Brokerage
Asian American Realty & Property Management
Brokerage Phone
702-222-0078
Title
Broker of Record
Brokerage Address
4651 Spring Mountain Road,Las Vegas, NV 89102
Name
Betty Chan
License
B25444
Brokerage Phone
702-222-0078
Brokerage Address
4651 Spring Mountain Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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