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950 Grier Dr
Las Vegas, NV 89119 South Las Vegas

$7,118,400 USD

Loft Creative Space For Sale  •  26,862 SF

Property Details

  • Property Type Loft Creative Space
  • Total Building Size 26,862 SF
  • Lot Size 1.34 AC
  • Building Class B
  • Year Built 1988
  • Cap Rate 7.44 %
  • Tenancy Single
  • Zoning IL, Clark County
35 Transit Score
44 Walk Score

Highlights

PRIME LOCATION: Subject Property is located adjacent to Harry Reid Intl Airport with easy access to I-15, I-215, and the Airport Connector.
FULL BUILDING OR CONDO OPTIONS: Property is currently being utilized by a single tenant, but can be easily converted into two condo units.
OPPORTUNITY ZONE: 950 Grier is located within an Opportunity Zone, offering several monetary benefits due to tax incentives.
INCOME TAX FREE STATE: Nevada has no state income tax.
CAPEX INVESTMENT: $100,000+ has been invested in landscaping renovations & an additional $25,000 has been invested in repainting the building exterior

Property Flyers

Cap Rate: 7.44 %

Amenities

  • 24 Hour Access
  • Courtyard

Public Transportation

AirportDriveWalkDistance
Harry Reid International 7 min - 3.7 mi
Boulder City Municipal 31 min - 22.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 83
Type: Surface
Included in Rent: Yes
Cathy Jones 702-595-8765 Logic Commercial Real Estate
Cathy Jones 702-595-8765 Logic Commercial Real Estate