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$2,450,000 – 4440 E Washington Avenue

Las Vegas, NV

$2,450,000

4440 E. Washington Avenue
Las Vegas, NV

CAP RATE: 6.33%

SF: 30,441

TYPE: Retail

STATUS: Available

Download Marketing Package Below

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Property Highlights

  • One of the few remaining true value-add retail opportunities left in the Las Vegas market
  • Upside through lease-up of vacant suites and increasing below-market rents
  • Well below replacement cost
  • NEC of Washington and Lamb
  • Many tenants have been in the center 5—10 years +
  • Traffic counts of over 44,000 cars per day
  • 441,784 residents within a 5-mile radius

Contact an agent:

Cathy Jones
CEO Investment Services Group
Office: (702) 968-7320
Mobile: (702) 595-8765
CathyJ@suncommercialre.com

Jessica Cegavske
Vice President Investment Services Group
Office: (702) 968-7321
Mobile: (702) 326-1590
JessicaC@suncommercialre.com

Roy Fritz
Senior Vice President Investment Services Group
Office: (702) 968-7322
Mobile: (702) 482-9675
RoyF@suncommercialre.com

The Offering

Sun Commercial Real Estate, Inc. is pleased to offer an exceptional opportunity to purchase an inline retail investment comprised of 30,441 square feet.. The property is currently 67% occupied, allowing an investor the opportunity to purchase a value-add property. Value can be added through lease-up of vacant suites and increases in below-market rents. The property is located at 4440 E. Washington Ave., Las Vegas Nevada within the North Las Vegas submarket.