3162 & 3164 N. Las Vegas Blvd.

3162 N. Las Vegas Blvd., Las Vegas, NV 89115

— For Sale —

Offering Price $3,900,000

CAP Rate 6.22%

Price Per Square Foot $209 PSF

In Place NOI $242,634

Property Information

The Investment Services Group of LOGIC Commercial Real Estate has been exclusively retained to offer qualified investors the opportunity to acquire a +/- 16,460 SF multi-tenant, two-story automotive retail & service building along with a +/- 2,159 SF single-story retail building and a separate vehicle smog station located at 3162 & 3164 N. Las Vegas Blvd. a northeast suburb of the Las Vegas MSA situated on a +/- 1.24 acre parcel.

The Property is 100% occupied by five tenants: two mechanic shops, a tire shop, a wheel repair shop, and an automotive battery store with a vehicle smog station. All tenants have been at the Property since before 2014 and have recently signed new term leases. The Property is well situated on N. Las Vegas Blvd., northeast of N. Pecos Rd which sees approximately +/- 18,500 vehicles per day.

Contact

Brokerage

Blaze Katz

Associate
Las Vegas
License S.0195070
C 702.690.0407
More Info
Brokerage

Cathy Jones,
CPA, SIOR, CCIM

Executive Vice President
Las Vegas
License BS.0056010
C 702.595.8765
More Info
Brokerage

Paul Miachika

Executive Vice President
Las Vegas
License S.0184612
C 602.814.0661
More Info
Brokerage

Karim Chatoor, CCIM

Senior Associate
Las Vegas
License BS.0146002
C 248.525.1423
More Info