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- LoopNet Team
4254 W Hacienda Ave
Las Vegas, NV 89118
IMPROVED LOT ON HACIENDA AND ARVILLE · Land For Sale
·
1.99 AC
INVESTMENT HIGHLIGHTS
- 100% Leased Investment | ±1.99 acres
- Tenant: Sturgeon Electric Company, Inc., a Michigan corporation
- Access: Two points of ingress/egress
- SALE PRICE: $4,700,000
- Improvements: 4-inch rebar pad. Fully screened and fenced perimeter.
- Lease Term: Thirty-Six (36) Months
PROPERTY FACTS
DESCRIPTION
Located in the heart of the Southwest Submarket, the property is situated on West Hacienda Avenue and South Arville Street, less than 5 minutes from the I-215 Freeway. The property is conveniently located near multiple retail/service amenities, the Las Vegas Strip, and Harry Reid International Airport. SALE PRICE: $4,700,000. For more information or to schedule a tour please contact Lauren Willmore at 702-369-4825. 100% Leased Investment ±1.99 acres SALE PRICE: $4,700,000 M-1 Zoned Tenant: Sturgeon Electric Company, Inc., a Michigan corporation Use: Storage, assembly and administrative purposes for a large-scale electrical contracting company. Improvements: 4-inch rebar pad. Fully screened and fenced perimeter. Access: Two points of ingress/egress Lease Term: Thirty-Six (36) Months Commencement: June 1, 2023 Expiration: May 31, 2026 Base Rent: $20,804.27/month Annual Increases: 4.00% Guarantor: MYR Group (publicly traded) Option(s): One (1) 3-Year Option to Renew at FMV but not less than 4% over last month’s base rent.
PROPERTY TAXES
| Parcel Number | 162-30-601-030 | Improvements Assessment | $153,931 |
| Land Assessment | $432,336 | Total Assessment | $586,268 |
PROPERTY TAXES
