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4285 N Rancho Drive - Northbrooke Business Park - Building 5, Las Vegas, NV

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DetailMap
4285 N Rancho Drive - Northbrooke Business Park - Building 5

Las Vegas, NV 89130-3446 - Northwest Las Vegas Submarket

(3.5 MB)

Property Type:Office Sub Type:- Status:Existing Year Built:2005
Stories:1 Typical Floor:24,658 SF Building Size:24,658 SF
% Leased:
For Sale Price:$3,499,000 Price/SF:$141.90
Cap Rate:8.17 %
Smallest Space:2,930 SF Largest Space:8,085 SF Total Space Avail:8,085 SF Rent/SF/Yr:
$6.00
Parking:Free Surface spaces are available; Ratio of 3/1,000 SF Amenities:Bus Line, Signage


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
5,155 SF
$6.00/SF/Yr
Vacant
3-5 yrs
Office
 1st
2,930 SF
$6.00/SF/Yr
Vacant
3-5 yrs
Office
 
10074568
9439565
Marketing Flyer Marketing Flyer  
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
5,155 SF
$6.00/SF/Yr
Vacant
3-5 yrs
Office
1st
2,930 SF
$6.00/SF/Yr
Vacant
3-5 yrs
Office
This newly designed building is located in the upscale Northbrooke business park. The property is located on Rancho just south of Craig. There are seven single story buildings within the park. Excellent location with access to US 95 via Craig Road.

Sale Notes:
Positioned within the Northbrooke Business Park, the subject property
has a civic address of 4285 North Rancho Drive., Las Vegas NV 89130.
It is a single story, Class B office building, comprised of 24,658 square
feet, situated on 1.56 acres and it is 63% occupied. It is one of seven
office buildings, totaling +/- 100,000SF of Office/Retail space, constructed
in 2004. The office park has a beautiful landscaped island with
waterfalls at the core of the park with matching tropical landscaping
throughout.

Located in the Northwest Las Vegas submarket, Northbrooke Business
Park is comprised of 7 Office/Retail buildings totaling in excess of
100,000SF. It is a vibrant and attractive business center fronting Rancho
Drive just south of Craig Road. The property has easy access to US-
95 and the 215 Beltway. Businesses include Mezzo Bistro, Rancho Tile,
Calvary Chapel Administrative Offices, State Farm, Law Offices, and
others. As of 2015 there are approximately 411,499 residents living
within a five mile radius, with an average household income of $73,964.



Highlights
Seller will guarantee 2 contiguous vacants of 5155SF and 2930SF for 1 yr from COE! or...Great opportunity for Owner/User to occupy 8085SF....remaining Tenants cover the mortgage! Healthy annual increases ranging from 5% to over 6% for the two major Tenants!! This building was bought for $267PSF as a shell in 2005! Additional $80PSF was spent on TI's! Vacant spaces have new carpet and paint. Ready for move in!! Great high-end asset with plenty of upsides and a rent guarantee!!

Sun Commercial Real Estate
Timothy Behrendt
(702) 596-1165

Lisa Hauger
(702) 683-1801


Sun Commercial Real Estate
Timothy Behrendt
(702) 596-1165

Lisa Hauger
(702) 683-1801



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