4907 vegas dr. las vegas, nv 89108 - loopnet...4907 vegas d r. •las vegas, nv 89108 overview nine...

Nine Unit Retail Strip Center

For Sale 4907 Vegas Dr. • Las Vegas, NV • 89108

Asking Price:

$1,475,000

702.355.3977 www.firstunitedmanagement.com

First United

Management Group

Arik Raiter Broker/Owner

2

4907 Vegas Dr. • Las Vegas, NV • 89108

Table of Contents

Overview …………………………………………………………. 3

Photos …………………………………………………………….. 4

Street Map ……………………………………………………….. 5

Aerial Map ……………………………………………………….. 6

Financial Summary ………………………………………....….... 7

Building Information ……………………………………………. 8

Area/City Description …………………………………………… 9


First United

Management Group


3


Overview Nine unit retail strip center for sale. Great investment property! Property

consists of two separate buildings. Located at the busy intersection of Vegas

Dr. and Decatur in Las Vegas, NV. Parking is located in front. Units range

from 1,200 sq. ft. to 2,400 sq. ft.

PROPERTY HIGHLIGHTS • Retail Strip Center

• Parking in Front

• Nine Units

PROPERTY SUMMARY • Asking Price: $1,475,000

• Year Built: 1963

• Lot Size: 1.02 Acres

• Total SF: 18,468

LOCATION HIGHLIGHTS • Close to US-95

• Busy Traffic Intersection


First United

Management Group


4


Photos


First United

Management Group


5


Street Map


First United

Management Group


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Aerial Map


First United

Management Group


7


Financial Summary

Yearly Expenses

Insurance $2,480

Sewer $3,652

Tax $6,449

Trash $1,372

Utility $1,423

Water $7,791

Total: $23,337

TAX and ASSESSMENT

Land : $108,856

Improvements : $164,218

Total Assessed

Value : $273,074

Total Taxable

Value : $780,211

Fiscal Year : 2019-2020

$80 per

sq. ft.


First United

Management Group


Yearly Income

Income $126,288

Expenses $23,337

Net $102,951

Cap Rate 7%

8


Building Information

PROPERTY INFORMATION

Site Address : 4907-4909 Vegas Dr., Las Vegas, NV

89108

Parcel : 138-25-503-002, 138-25-503-003

Tax Area : 207

Assessor Description : PT NE4 NE4 SEC 25 20 60

# Props : 2

PROPERTY CHARACTERISTICS

Land Use : 40.355 – General Commercial,

Neighborhood Shopping Center

Year Built : 1963

Units : 9

Bldg Sqft : 18,468

Acres : 1.02


First United

Management Group


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Area/City Description

• Close to US-95 and Transportation

• Near Meadows Mall

• 74,753 total population by Zip Code

• Busy intersection of Vegas Dr. and

Decatur

• Neighborhood park nearby


First United

Management Group


4907 vegas dr. las vegas, nv 89108 - loopnet...4907 vegas d r. •las vegas, nv 89108 overview nine...

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