Allied Automotive Service Center

4047 W Desert Inn Rd - Las Vegas, NV
  • $1,890,000

Property Highlights

  • 8,153 Building GLA | .61 AC | M-1 Zoning
  • 100% Occupied with New Cell Tower
  • Brand New Triple-Net Lease Terms Will Begin at COE
  • Personal Guarantees & Financial Transparency (Stipulated in Auto-Tenant Leases)
  • Both Tenants Have Occupied this Location for 30+Years
  • New Cell Tower Agreement (2019) with Crown Castle, Inc. Corporate-Guarantee
  • Crown Castle is 2nd Largest Wireless Operator in the U.S. with 40,000+ Cell Towers
  • 8,153 Total GLA | .61 AC | M-1 Zoning
  • 11 Service Bays | All Lifts are Above-Ground | NoUST’s
  • Secured Yard Space – .3 AC (+/- 12,800 SF)
  • Excellent Central LV Location with Easy Access to I-15 & The Strip
  • Exposure to + 38,000 VPD on Desert Inn Rd.
  • Sub-market Has Experienced Y-O-Y Rental Growth of over 5%

Details

  • Price: $1,890,000
  • Year Built: 1964
  • Property Type: Multi-Tenant
  • Property Status: For Sale

Additional details

  • Price/SF: $249.44
  • Cap Rate: 6.5%
  • Rentable Area: 8,153 SF
  • Lot Size: .61 AC /
  • Parking Ratio: 2.46 : 1,000 SF
  • Zoning: M-1
  • APN/Parcel ID: 162-18-503-018
  • Cross Streets: Desert Inn & Valley View
  • Address 4047 W Desert Inn Rd
  • City Las Vegas
  • State/county Nevada
  • Zip/Postal Code 89102

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