2975 Sunrise Avenue

2975 Sunrise Avenue Las Vegas, NV 89101

2975 Sunrise Avenue, Las Vegas, NV, 89101
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FOR SALE
Property Type:
Warehouse
Amount:
$1,875,000
Last Verified:
Apr 24, 2024

Highlights

  • Fully fenced with security gate and cameras
  • Four drive-in doors
  • Underground oil/ water separator
  • Multiple car lifts
  • Covered parking
  • Two fully secured 40 foot containers with shelving storage and lighting included
  • Opportunity for a PORTFOLIO purchase with adjacent property
  • Located in an Opportunity Zone

Description

Located in an opportunity zone, 2975 Sunrise Avenue is a great opportunity to own a fully leased automotive property near the heart of Las Vegas. Currently occupied by an established automotive repair business with multiple locations in a long term lease and 5% annual increases, the property provides an ideal investment opportunity.

With over 17,000 SF of fully fenced and and secure yard space, an extremely rare aspect in todays market, it creates continued upside for the future as an extremely desirable property for many different businesses should the current tenants vacate at the end of their term.

Additionally, the property comes equipped with an underground oil/water separator, with the drain connection located in the shop space, allowing a much easier and environmentally safe cleanup of any oil spills, should they occur.

Lastly, the property comes with a remote controlled entry system and automated iron gate that can be controlled with a remote or smart phone; as well as a surveillance system to create an extremely secure property.

**Opportunity to purchase adjacent property, 73 N 30th Street, in a portfolio purchase**

Located between N Eastern Avenue and Mojave Road in busy automotive area


Year Built: 2001
Building Size: 2970sq ft
Lot Size: 0.52 acres


Documents

2975 Sunrise Ave - OM.pdf

Map of 2975 Sunrise Avenue, Las Vegas, NV, 89101

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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.