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6188 S Sandhill Rd 6,084 sq ft Retail Property Las Vegas, NV 89120 £1,299,148 (£213.54/sq ft) 6.86% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • Tenant Leaseback Opportunity
  • Nearby Sunset Road, With Access To Industrial, Residential, Retail, And Restaurant Spaces
  • Close To Major Commercial Corridors And Amenities
  • Located In The Central East Submarket

EXECUTIVE SUMMARY

Northcap Commercial Is Pleased To Offer A Prime Investment Opportunity. This Seller Leased Back Investment Is Located Within East Airport Industrial Area. This 100% Leased Professional Office Is Situated In A Free Standing Building And Is Conveniently Placed In The Busy Sandhill Corridor Near Sunset Road. The Immediate Area Offers Industrial, Residential, Retail and Restaurant spaces.
Founded In 2009, Las Vegas Dog Resort Is A Dog Boarding Facility Providing Luxury And Comfort. LV Dog Resort Will Lease Back The Entire Building At $120,000/Year At Close Of Escrow.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Vet Surgery / Kennel
Property Size
6,084 sq ft
Costar Property Class
B
Year Built
1995
Price
£1,299,148
Price per sq ft
£213.54
Yield
6.86%
NOI
£89,084
Tenancy
Single
Number of Floors
2
Plot ratio
0.42
Total Plot Size
0.33 ac
Use Class
IP, County - Business Employment (BE) Zoning Classification: Industrial Park (IP)
Parking
9 Spaces (1.48 Spaces per 1,000 sq ft Leased)
Frontage
247 ft on South Sandhill Road

AMENITIES

  • Signage
  • Air Conditioning
  • Smoke Detector

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • sq ft OCCUPIED
  • RENT/sq ft
  • LEASE END
  • Las Vegas Dog Resort
  • Service type
  • -
  • -
  • -
TENANT INDUSTRY sq ft OCCUPIED RENT/sq ft LEASE END
Las Vegas Dog Resort Service type - - -

NEARBY MAJOR RETAILERS

Capriotti's
Club Pilates
Dotty's
Bank of America
Nevada State Bank
Chase Bank
D-BAT
EoS Fitness
Starbucks
Olive Garden

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
161-31-710-021
Land Assessment
£37,351
Improvements Assessment
£188,415
Total Assessment
£225,766
  • Listing ID: 34853145

  • Date on Market: 17/02/2025

  • Last Updated:

  • Address: 6188 S Sandhill Rd, Las Vegas, NV 89120

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