234 W Wyoming Ave

234 W. Wyoming Avenue Las Vegas, NV 89102

234 W. Wyoming Avenue, Las Vegas, NV, 89102
234 W. Wyoming Avenue, Las Vegas, NV, 89102 234 W. Wyoming Avenue, Las Vegas, NV, 89102 234 W. Wyoming Avenue, Las Vegas, NV, 89102
FOR SALE
Property Type:
Factory
Amount:
$2,488,888
Last Verified:
Jun 14, 2022

Highlights

  • Opportunity Zone
  • Quick Freeway Access
  • Close Proximity to Downtown, the Arts District, and the Las Vegas Strip
  • 100% Leased
  • Newly Refinished Roof

Description

SVN The Equity Group is pleased to present 234 W. Wyoming Avenue, a 100% Leased ±7,700 SF industrial building on 0.18 acres of land with a roof that was refinished in March 2022. Sitting in an Opportunity Zone on the hard corner of Industrial Road and Wyoming Avenue, the property is perfectly situated in the heart of Las Vegas with near immediate access to the I-15 freeway. The completion of "Project Neon" creates a refreshed look to the street-side area and generates greater vehicle traffic around the property. Additionally, rental increases in January 2023 bring greater upside with a cap rate of 6.97% for the same year.

TBD


Year Built: 1963
Building Size: 7700sq ft
Lot Size: 0.18 acres


Documents

234 W Wyoming Avenue OM

Map of 234 W. Wyoming Avenue, Las Vegas, NV, 89102

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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"Incentives" are vital today and in the future because:

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