4935 E Charleston Blvd | Las Vegas, NV 89104
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4935 E Charleston Blvd
Las Vegas, NV 89104
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Owner-User w/ Income Opportunity: 3/5 office spaces are leased up providing Owner-Users the opportunity to occupy all or portion of remaining spaces.
- Excellent Visibility: The Property boasts ±100 ft of frontage along E. Charleston Blvd. with strong daily vehicle traffic counts (±36,500 CPD).
- Income Tax Free State: Nevada has no state income tax.
- Value-Add Opportunity: 2/5 offices are vacant, presenting significant upside through potential lease up.
- Dense Surrounding Population: The Property is located within a densely populated area with ±277,849 residents within a 3-mile radius.
EXECUTIVE SUMMARY
Link to OM: https://logiccre.com/1031_properties/4935-e-charleston-blvd/
The Investment Services Group of LOGIC Commercial Real Estate has been exclusively retained to offer Investors and/or Owner-Users the opportunity to acquire 4935 E. Charleston Blvd., a freestanding automotive sales building. The Property is comprised of a ±1,300 SF building situated on ±0.19 AC. The Property has a small, secured yard for additional vehicle parking and ±100 ft of frontage on E. Charleston Blvd.
The Property currently has three tenants who lease three of five offices on short term leases. This provides an Owner-User the opportunity to occupy all or a portion of the remaining space or upside to an Investor by leasing the remaining office spaces. Located in a dense residential/retail area and just ±1.4 miles from the Interstate 11 Highway, the Property boasts a three-mile population of ±227,849.
Link to OM: https://logiccre.com/1031_properties/4935-e-charleston-blvd/
The Investment Services Group of LOGIC Commercial Real Estate has been exclusively retained to offer Investors and/or Owner-Users the opportunity to acquire 4935 E. Charleston Blvd., a freestanding automotive sales building. The Property is comprised of a ±1,300 SF building situated on ±0.19 AC. The Property has a small, secured yard for additional vehicle parking and ±100 ft of frontage on E. Charleston Blvd.
The Property currently has three tenants who lease three of five offices on short term leases. This provides an Owner-User the opportunity to occupy all or a portion of the remaining space or upside to an Investor by leasing the remaining office spaces. Located in a dense residential/retail area and just ±1.4 miles from the Interstate 11 Highway, the Property boasts a three-mile population of ±227,849.
Link to OM: https://logiccre.com/1031_properties/4935-e-charleston-blvd/
PROPERTY FACTS In Escrow
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,300 SF
Building Class
C
Year Built
1997
Price
£463,506
Price Per SF
£356.54
Tenancy
Multiple
Number of Floors
1
Building FAR
0.16
Lot Size
0.19 AC
Zoning
CG (Commercial General)
Parking
9 Spaces (6.92 Spaces per 1,000 SF Leased)
Frontage
100 ft on E. Charleston Blvd.
PROPERTY TAXES
| Parcel Number | 161-05-510-019 | Improvements Assessment | £22,090 |
| Land Assessment | £20,107 | Total Assessment | £42,197 |
PROPERTY TAXES
Parcel Number
161-05-510-019
Land Assessment
£20,107
Improvements Assessment
£22,090
Total Assessment
£42,197
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