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Stand-Alone Retail at Blue Diamond

Listing was updated at: 06/03/2019
Stand-Alone Retail at Blue Diamond Stand-Alone Retail at Blue Diamond Stand-Alone Retail at Blue Diamond Stand-Alone Retail at Blue Diamond Stand-Alone Retail at Blue Diamond Stand-Alone Retail at Blue Diamond

Property Overview

Price/Rent PSF $ 1,199,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 4,800
Date Available 11/28/2018
Additional URL Link
Floors 1
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Description

Location
Located in the growing Blue Diamond Corridor of Southwest Las Vegas. Retail area serves, Mountain's Edge, Southern Highlands and other Southwest neighborhoods. The tenant of this building has also received meaningful tourist traffic.



Sale
This offering is located in the Southwest Submarket on the busy Blue Diamond Rd. The property has been utilized as a gun range and firearms retail center.

The property is approximately 4,800 square feet (+/-) and is situated on 1.03 acres with Blue Diamond frontage. The neighboring car wash was delivered in 2017.

The land-to-building ratio is 9.35:1 so this building is over-parked and therefore has surplus land. A potential buyer could contemplate several scenarios; (1) Hold the asset for a cap rate as-is. (2) Add leasable improvements to the site using excess land. (3) Redevelop for another future use

Contact Jacki Evans at 702-321-1356 or John McClelland at 702-938-1375.

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