Press Release | Sale & Lease Transactions

LAS VEGAS (June 19, 2017) —Sun Commercial Real Estate Inc. announced today the closing of the following transactions:

 
The Sale of a Mixed Use Retail/Office Building was completed on June 2, 2017. The 16,668 square-foot building is located at 5765 S. Rainbow Boulevard, Las Vegas, NV. The total value of the transaction was $2,750,000.00. Cathy Jones, Paul Miachika, Roy Fritz, Jessica Cegavske, and Jennifer Lehr of Sun Commercial Real Estate, Inc. represented the Seller, NAKP Investments, LLC and Super Realty represented the Buyer, Ungar Investments.

 
The Sale of Sunrise Inn was completed on May 26, 2017. The 59 Room inn is located at 910 E. Cheyenne Avenue, North Las Vegas, NV. The total value of the transaction was $2,300,000.00. Cathy Jones, Josh Smith, Paul Miachika, Roy Fritz, and Jessica Cegavske of Sun Commercial Real Estate, Inc. represented the Seller, Cheyenne LV Holdings LLC c/o The Siegel Group Inc. and the Buyer, Varniraj LLC was unrepresented.
The Lease with Primera was completed on June 1, 2017. The 49,406 square-foot warehouse space is located at 985 Trade Drive, North Las Vegas, NV. The total value of the transaction was $1,268,498.04. Paul Chaffee and Wil Chaffee of Sun Commercial Real Estate, Inc. represented the Tenant, Primera and Albright, Callister & Associates, Inc. represented the Landlord, EP NLV, LLC.

 
The Lease with Sunrise Mountain Dental & Orthodontics, LLC was completed on May 1, 2017. The 3,643 square-foot office space is located at 284 E Lake Mead Parkway, Ste C, Henderson, NV. The total value of the transaction was $493,550.65. Lisa Hauger, Tim Behrendt and Tim Erickson of Sun Commercial Real Estate, Inc. represented the Tenant, Sunrise Mountain Dental & Orthodontics, LLC and Virtus Commercial represented the Landlord, Thorndike Properties, Inc.

 
The Sale of APN 162-01-601-013/015 was completed on June 9, 2017. The 2.3 acres is located at 3035 E Fremont Street, Las Vegas, NV. The total value of the transaction was $359,500.00. Renae E. Russo of Sun Commercial Real Estate, Inc. represented the Seller, John & Angela Gough and Robert & Christine Dickran and Platinum RE Professionals represented the Buyer, La Casa I, LLC.