|
|
4935 E Charleston Blvd 1,300 SF Retail Building Las Vegas, NV 89104 $600,000 ($461.54/SF)
INVESTMENT HIGHLIGHTS
- Owner-User w/ Income Opportunity: 3/5 office spaces are leased up providing Owner-Users the opportunity to occupy all or portion of remaining spaces.
- Excellent Visibility: The Property boasts ±100 ft of frontage along E. Charleston Blvd. with strong daily vehicle traffic counts (±36,500 CPD).
- Income Tax Free State: Nevada has no state income tax.
- Value-Add Opportunity: 2/5 offices are vacant, presenting significant upside through potential lease up.
- Dense Surrounding Population: The Property is located within a densely populated area with ±277,849 residents within a 3-mile radius.
EXECUTIVE SUMMARY
The Investment Services Group of LOGIC Commercial Real Estate has been exclusively retained to offer Investors and/or Owner-Users the opportunity to acquire 4935 E. Charleston Blvd., a freestanding automotive sales building. The Property is comprised of a ±1,300 SF building situated on ±0.19 AC. The Property has a small, secured yard for additional vehicle parking and ±100 ft of frontage on E. Charleston Blvd.
The Property currently has three tenants who lease three of five offices on short term leases. This provides an Owner-User the opportunity to occupy all or a portion of the remaining space or upside to an Investor by leasing the remaining office spaces. Located in a dense residential/retail area and just ±1.4 miles from the Interstate 11 Highway, the Property boasts a three-mile population of ±227,849.
The Property currently has three tenants who lease three of five offices on short term leases. This provides an Owner-User the opportunity to occupy all or a portion of the remaining space or upside to an Investor by leasing the remaining office spaces. Located in a dense residential/retail area and just ±1.4 miles from the Interstate 11 Highway, the Property boasts a three-mile population of ±227,849.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
1,300 SF
Building Class
C
Year Built
1997
Price
$600,000
Price Per SF
$461.54
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
0.19 AC
Zoning
CG (Commercial General)
Parking
9 Spaces (6.92 Spaces per 1,000 SF Leased)
Frontage
100’ on E. Charleston Blvd.
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| N Yew Ave | Nort Yew Ave, N | 411 | 2022 | 0.04 mi |
| N Yew Ave | E Charleston Blvd, S | 420 | 2015 | 0.04 mi |
| Mahogany Dr | N Hickory St, W | 274 | 2022 | 0.19 mi |
| E Charleston Blvd | S Nellis Blvd, E | 39,297 | 2022 | 0.25 mi |
| S Nellis Blvd | E Charleston Blvd, N | 45,717 | 2022 | 0.28 mi |
| E Chantilly Ave | E Teakwood Ave, NW | 954 | 2022 | 0.29 mi |
| N Nellis Blvd | Sir George Dr, N | 44,130 | 2022 | 0.29 mi |
| N Wendover Ave | E Teakwood Ave, NW | 75 | 2022 | 0.29 mi |
| E Charleston Blvd | S Nellis Blvd, W | 38,780 | 2022 | 0.32 mi |
| E Charleston Blvd | S Lucerne St, E | 41,919 | 2022 | 0.34 mi |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 161-05-510-019 | Improvements Assessment | $28,639 |
| Land Assessment | $26,069 | Total Assessment | $54,708 |
PROPERTY TAXES
Parcel Number
161-05-510-019
Land Assessment
$26,069
Improvements Assessment
$28,639
Total Assessment
$54,708
MAP
ADDITIONAL PHOTOS
4935 E Charleston Blvd
4935 E Charleston Blvd
4935 E Charleston Blvd