Listed by JLL - Las Vegas, Nevada
$1,790,000
The Park @ Warm Springs
Details
Property Type Retail, Office
Sub Type Storefront, Traditional Office
Square Footage 4,813
Units 4
Tenancy Multi
Brand/Tenant Farmers Insurance, State Farm Insurance
Year Built 2004
Buildings 1
Acreage 0.450
Zoning C-1
Parking Spaces 4.38 per 1,000 sq ft
Investment Type Owner/User
Retail | 4,813 SqFt
Marketing description
Discover The Park @ Warm Springs
Conveniently located along Interstate 215 in South Las Vegas.
Over 152k households within 5 miles with an affluent community ($96K Avg HH income).
Charming shopping environment with drought resistant landscaping.
Great proximity to Harry Reid International Airport and Las Vegas Premium Outlets bringing shoppers to the area.
South Las Vegas is the quieter, shier, sister of the Las Vegas strip. The area caters to families and residents who want more space, with access to outdoor recreation, shopping, restaurants and schools.
Investment highlights
- ±4,813 SF freestanding multi-tenant building on 0.45 acres
- Built in 2004 with C-1 zoning allowing for various commercial uses
- Parking ratio of 4.38 / 1,000 SF with cross easement agreement providing 6 covered stalls
- 3 tenants on month-to-month leases allowing owner-user to occupy space upon closing
- 1 tenant (Farmers Insurance) with lease in place providing rental income from day one
- Flexible tenant structure appeals to both investors seeking cash flow and owner-users needing operational space
- Prime Warm Springs Road location offering strong visibility and accessibility
- Existing tenant improvements may reduce buildout costs for incoming occupants
- Cross easement parking maximizes functional capacity beyond on-site footprint
Listing Contacts
Listed by JLL - Las Vegas, Nevada
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Zoning
CG CommercialGeneral CommercialCommercial General
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