2101 Fremont St
Las Vegas, NV 89101
- Downtown Las Vegas Location
- Stabilized Long Term Tenants
- Renovated and Well Maintained
- Great Cash Flow From NNN Tenants
The subject property is located within downtown Las Vegas East Fremont St District which is in close proximity to major transportation arteries, I15 and I95 an much more. This 3 tenant property consists of a total leasable area 16,630 sqft with a total land foot print of 0.87 acres. Recent improvements to the property consist of up to date code fire sprinkler systems, custom wood/metal facade and a modern show room floor with exposed wood beams with tile flooring. The subject property is fully leased with long term tenants on NNN leases making this a turn turnkey investment opportunity. Current actual CAP is 7% with annual rent increases for all tenants allowing for an even higher ROI to be achieved. With continued appreciation due to the downtown redevelopment plans this property provides a steady net stream of cash flow with massive future upside potential for a higher and better use.
2101 Fremont sits on the corner of 21st and Fremont. Major cross streets are Fremont St & Eastern Ave. Within close proximity to both I15 and I95