Price Upon Req.20,782 SF
PROPERTY TOURSProperty tours will be by appointment only. Please contact listing broker for scheduling. MARKETING DESCRIPTIONAuction.com and Turn Key Property Solutions are pleased to present the opportunity to acquire Reynolds Professional Plaza, a 20,782 SF professional/medical office center in North Las Vegas, Nevada. This beautiful property is comprised of three buildings with high end finishes, located at 2365, 2415 and 2465 Reynolds Avenue, near Eastern Avenue and Owens Avenue. The Professional Plaza is 2 blocks from North Vista Hospital and North Las Vegas Government Center. Additionally, 29 parking spaces have been granted by the City of North Las Vegas and the Medical Complex across the street is 100% occupied. Building descriptions below:BUILDING 24658,022 SF vacant space, in North Las Vegas, Nevada. The property is located at 2465 Reynolds Avenue, near Eastern Avenue and Owens Avenue. The building was constructed in 2006 and is comprised of three floors. 0.34 Acres/14,810.40 SF with 47 surface parking spaces. APN: 139-23-803-006.BUILDING 24156,640 SF vacant space, in North Las Vegas, Nevada.
Located on a major arterial street in the northwest portion of Las Vegas, we are pleased to present. a ±73,455 square foot multi-tenant retail center located at the NEC of Craig Road and Valley Drive in North Las Vegas, Nevada. The property is located at a signalized intersection with traffic counts in excess of 32,000 vehicles per day. The property is surrounded by a dense housing population with more than 146,000 residents within a 3-mile radius with an average household income of more than $63,000 annually. Population growth within a 3-mile radius is expected to grow by nearly 3.5% over the next five years. LONG TERM LEASES with Denny' s expiring in 2025, Sushi Zen and Black Belt Academy expiring in 2021, Opportunity Village expiring in 2020, and Meadows Eye Care expiring in 2024 and Bel Cielo expiring in 2019 This opportunity is being offered on an as is basis
Income / Business
This building is a private 16,250 sf airport hangar. The hangar building is valued at $2m, but the additional value is in the existing long term lease with Remote Imagery Technologies Incorporated (RITI). RITI has contracts with the Department of Defense (DOD). There are 13 year remaining in the initial term which expires on December 12, 2027. The tenant has the right to extend to the end of the land lease in 2036. There are twenty-two (22) years remaining on the land lease with Clark County Department of Aviation. The current annual rental income is $317,454, less CAM charges of $46,461 for an NOI of $270,990. Tenant is responsible for all expenses except CAM charges. Beginning in 2019 rents increase 3% annually brining 2027 rents to $414,205. Tenant has $1m in tenant improvements.
SINGLE STORY FREESTANDING OFFICE BUILDING FRONTING RIGHT ON CHEYENNE WITH LARGE ATRIUM ENTRY, 2 COMMON CONFERENCE ROOMS AND AMPLE PARKING
Income / Business
The property consists of a bank owned, two building office and hangar facility, situated on a ground lease with Clark County. The 2722 building consists of a two story office component containing 20,286 SF of office and 18,631 SF of hangar space, for a total of 38,917 RSF. The 2806 building consists of a 12,915 RSF aircraft hangar that has been equipped with aircraft painting and ventilation equipment. Both buildings offer evaporative cooling in the hangar portion of the buildings and HVAC climate control in the office area of 2722. The Property is situated on a 30-year ground lease with Clark County. Bank is willing to provide financing and will consider all offers. This is a great owner-user opportunity for an industrial user requiring a central Las Vegas location.
Property is 100% occupied with onsite custodian. Turn key property is located just 100 yards from Las Vegas Blvd.
Commercial land parcel. Site plan for 26,360 SF commercial building. Two access points on Ann Road. Listing Agent is licensed in Utah and Nevada.
The following unimproved parcel is suitable for industrial/commercial investment and development with design approval for rail service from Union Pacific Railroad. Approval has been granted on our network engineering analysis for servicing the site with municipal water & sewer (see attached exhibits for ROW and utilities). This parcel (Apex 385, LLC/City View Business Park) is very unique to the Apex Industrial Park and to the Las Vegas Valley. It is a 365+/- acre parcel which overlooks the entire Las Vegas Valley, and is ideally suited for heavy industrial, commercial, and R&D uses, with approximately 5.34+ million sq. ft. of buildings conceptually designed (see attached pdf). We have annexed to the City of North Las Vegas and is located within the Las Vegas Hydrographic Basin, and at this time may be the only parcel within the entire Apex Industrial Park (10,000+ acres), which can be serviced today, directly from the Las Vegas municipal water basin, via the new North Las Vegas 24
The Property consists of 1.88 acres of previously developed, C-2 land, located along N. Las Vegas Blvd. With roughly 180 feet of frontage along Las Vegas Blvd., the site is highly visible with traffic counts of approximately 29,000 cars per day, and boasts extremely strong walk-in' and foot traffic. A bus stop sits just in front of the new La Bonita development, and a Max station is immediately across Las Vegas Blvd. The Las Vegas Blvd. and Belmont interchange is signalized, adding to the accessibility of the Property. Ask Price has recently been reduced to $665,000.00 / $8.12 /SF for the parcel. The City of North Las Vegas' Redevelopment Agency would welcome a new retail or office use on this site, and is willing to work with developers, owners & businesses to develop new projects and/or rehabilitate/expand existing developments.
China Star is a +/-6,300 square foot single tenant freestanding restaurant, built in 2007, situated on 1.3 acres within the highly successful Revere Marketplace. Since opening in 2007, China Star has been acknowledged in the Las Vegas Review Journal, The Las Vegas Sun and Vegas Weekly for its excellent menu of Chinese Food and offers dining in, takeout and delivery services.