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1717 S Eastern Ave

1,038 SF Office Building Las Vegas, NV 89104 £237,703 (£229/SF) 8.20% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • Hight traffic exposure, easy access to freeway, single story building with private parking

EXECUTIVE SUMMARY

Perfect for insurance, taxes, multi services, notary offices, Professional and Business Services ready to move in, potential for three private offices, waiting area and reception area.

FINANCIAL SUMMARY (ACTUAL - 2023)

ANNUAL ANNUAL PER SF
Gross Rental Income £20,041 £13.59
Other Income - -
Vacancy Loss £1,670 £1.13
Effective Gross Income £18,371 £12.46
Taxes £676 £0.46
Operating Expenses £2,068 £1.40
Total Expenses £2,744 £1.86
Net Operating Income £15,627 £10.59

FINANCIAL SUMMARY (ACTUAL - 2023)

Gross Rental Income
Annual £20,041
Annual Per SF £13.59
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual £1,670
Annual Per SF £1.13
Effective Gross Income
Annual £18,371
Annual Per SF £12.46
Taxes
Annual £676
Annual Per SF £0.46
Operating Expenses
Annual £2,068
Annual Per SF £1.40
Total Expenses
Annual £2,744
Annual Per SF £1.86
Net Operating Income
Annual £15,627
Annual Per SF £10.59

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
1,038 SF
Building Class
C
Year Built
1957
Price
£237,703
Price Per SF
£229
Net Initial Yield
8.20%
NOI
£19,485
Tenancy
Single
Number of Floors
1
Typical Floor Size
1,038 SF
Building FAR
0.20
Lot Size
0.12 AC
Zoning
P-R - Offices, Professional and Business Services, get in itis the perfect location for tax services, multiservices, notary services, insurance company
Parking
4 Spaces (3.85 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Bus Route
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
162-01-310-197
Land Assessment
£12,368 (2024)
Improvements Assessment
£12,154 (2024)
Total Assessment
£24,521 (2024)
Annual Taxes
£676 (£0.65/sf)
Tax Year
2023
  • Listing ID: 33730087

  • Date on Market: 02/11/2024

  • Last Updated:

  • Address: 1717 S Eastern Ave, Las Vegas, NV 89104

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