Sun Commercial Real Estate is proud to offer for purchase a two-tenant office building located in the high demand Henderson, NV submarket. The property has been well maintained and is 100% occupied by two tenants. The tenants are a Law firm that has occupied the property since its construction, and a Deed preparation and recording company. The offering is priced well below its replacement cost and offers both an attractive return on investment through the existing rental income as well as future upside in rents that are 15% below market.
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:
U.S. Public: Many incentives focus on job creation and Affordable Housing
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.