ABSOLUTE NNN LEASE INVESTMENT OPPORTUNITY ON SOUTH LAS VEGAS BLVD

7686 South Las Vegas Blvd. Suite 130 Las Vegas, NV 89123

7686 South Las Vegas Blvd. Suite 130, Las Vegas, NV, 89123
7686 South Las Vegas Blvd. Suite 130, Las Vegas, NV, 89123 7686 South Las Vegas Blvd. Suite 130, Las Vegas, NV, 89123 7686 South Las Vegas Blvd. Suite 130, Las Vegas, NV, 89123 7686 South Las Vegas Blvd. Suite 130, Las Vegas, NV, 89123
FOR SALE
Property Type:
Restaurant
Amount:
$1,220,000
Last Verified:
Feb 02, 2023

Property Summary Sun Commercial is pleased to present an opportunity for qualified investors to acquire an attractive, newly constructed, sing le tenant net lease retail condo, with a recently signed 10 year NNN lease, in a newly built retail center that consists of a total rentable area of +/-14,447 SF with a total of seven (7) tenants. There is also a 131 unit hotel on the same +/- 4.75 acre lot on South Las Vegas Blvd . This retail condo is located in what is considered a strong retail corridor adjacent to the Las Vegas South Premium Outlets, minutes away from Town Square, the Strip, Raiders Stadium and Harry Reid International Airport. Additionally, it is easily accessed from either the I-15 or the I-215. Asking Price: $1,220,000.00 Total SF: +/- 1,370 NOI: $60,000.00 Cap Rate: 4.55%

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Map of 7686 South Las Vegas Blvd. Suite 130, Las Vegas, NV, 89123

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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."

Why are Real Estate Incentives Important and to Whom?

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

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  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.