2012 Western Ave - Manufacturing FOR SALE


Las Vegas, NV 89102- Meadows Village
$9,234,000 USD
702-985-1849
2012 Western Ave, Las Vegas, NV for Sale
$9,234,000 USD
Manufacturing - FOR SALE
1/20
null | Request Cap Rate

2012 Western Ave
Las Vegas, NV 89102
Meadows Village


HIGHLIGHTS

  • Great owner/user or investor oppurtinuty
  • Located minutes from the iconic Las Vegas Strip and the Famous Downtown Las Vegas
  • Centrally located with easy access to the I-15 and Sahara Ave
  • Retail frontage from both Western Ave and Highland Drive
  • Amazing potential for I-15 visible unobscured advertising space
  • Currently 100% leased with majority MTM leases

OVERVIEW

Available now is an outstanding owner investment opportunity in the heart of the Greater Las Vegas area. The Western Highland Center consists of three separate buildings with retail/store frontage on both Western Ave and Highland Drive, with all units individually addressed from 2010-2036 Western Ave, through 2011-2025 Highland Drive. The Highland Drive suites have excellent visibility from the I-15 Interstate. Constructed in 1973 and zoned M-1, this 32,400 SF property, 1.5 AC lot, is flexible for your light manufacturing, industrial, warehouse, or retail service ventures. The asphalt and drainage channels were completely replaced within the last 5 years, and the rooftops for all three buildings were fully re-coated as well. All three buildings are 100% leased with the majority on MTM terms. The property owner is highly motivated to sell, looking to perform a 1031 Exchange with the proceeds of the sale.

FOR SALE DETAILS

PRICE

$9,234,000 USD

PRICE/SF

$285 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Western Highland Center

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

undefined, Storefront Retail/Office, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.5

LAND SF

65,340

ZONING

M-1

APN/PARCEL ID

162-04-302-005

ASK ABOUT THIS PROPERTY

Joseph MaloneyMaloney ManagementMore Info
702-985-1849

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Joseph MaloneyMaloney ManagementMore Info
702-985-1849

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.