Press Release | Sale and Lease Transactions

LAS VEGAS (January 25, 2018) —Sun Commercial Real Estate Inc. announced today the closing of the following transactions:

The Sale of a single tenant retail building was completed on January 5, 2018. The 3,960 square foot property is located at 1331 W. Craig Road, North Las Vegas, NV 89032. The total value of the transaction was $3,840,000.00. Cathy Jones, Roy Fritz, Jessica Cegavske and Jennifer Lehr of Sun Commercial Real Estate, Inc. represented the Seller, BSWC Properties, LLC – Craig Series and Aegis REI Group represented the Buyer, Mehran Alagheband.

The Ground Lease with Green Valley Grocery was completed in January 2018. The .93 acre vacant parcel is located at the NEC of Windmill and Decatur in Clark County (APN 177-07-401-011). The total value of the transaction was $1,692,062.40. Rob Moore of Sun Commercial Real Estate, Inc. represented the Tenant, Green Valley Grocery and Tami Campa Realty represented the Landlord, LD Properties.

The Lease with Medical Enterprises was completed on January 1, 2018. The 3,424 square foot office space is located at 8084 W. Sahara Avenue, Suites B,C,H, Las Vegas, NV 89117. The total value of the transaction was $180,758.88. Paul Chaffee, Wil Chaffee and Debbie German of Sun Commercial Real Estate, Inc. represented the Landlord, Sahara Plaza, LLC and the Tenant was unrepresented.

The Lease with Advanced Neuro Connections was completed on January 1, 2018. The 2,945 square foot office space is located at 4325 N. Rancho Drive, Suite 150, Las Vegas, NV 89130. The total value of the transaction was $92,031.25. Lisa Hauger and Timothy Erickson of Sun Commercial Real Estate, Inc. represented the Landlord, Deichler Exempt Lifetime Trust and Albright Callister & Associates represented the Tenant, Advanced Neuro Connections.