3340 S Topaz Street

Office: Medical/Dental

3340 S Topaz St, Las VegasNV 89121

Property Details

Location

Address
3340 S Topaz St, Las VegasNV 89121
County
Clark
Submarket
University East (Retail)
Parcels
16213102001, 16213102002

Building Size

Building Size
13,778 SF

Building Details

Type
 Office: Medical/Dental
Number of Buildings
1
Number of Units
15
Occupancy Type
Multi-tenant
Number of Tenants
3
Percent Occupied
Building Class
C
Building Status
Existing
Floors
2
Year Built
1982
Sprinklers
Primary Const.
Framed
Total Parking
46
Parking Ratio
4 : 1,000 SF
Legal Desc.
162-13-102-002

Land & Utilities

Land (Acres)
0.66 Acres
Land (SF)
28,750 SF
Zoning
C1
Lot Depth
Lot Width

Contacts

Current Listings

2625 E Desert Inn Road & 3340 S Topaz Road

13,778 SF$1,777,000
Cap Rate: 6.61%
RE/MAX Advantage - Las Vegas

Property Description

Fantastic value-add investment property. These two buildings represent a great opportunity to refurbish and rehab to make more income for you. Seller is retiring, and this legacy property, although self-managed, is still 65% occupied with a mix of healthcare and other professionals in the office building, with an "On Call Cash" in the front building. This could be a phased redevelopment property with income!

- $13,125.00 per month in income.

- Tons of parking, in a vibrant trade area.

- The property sees 35,000 cars per day, and redevelopment is happening all around the area.

- New Ultra Car Wash across the street is insanely busy.

- Demographic reports are available, with confidential rent roll and lease plan too!

Area Description

The Central-East side submarket is the home of the University of Nevada Las Vegas (UNLV), Desert Springs Hospital, Sunrise Hospital, and three golf courses. The area has a substantial retirement population, and Desert Inn is a major East-West arterial road, connecting the Las Vegas Strip to the west of the property (2.7 miles), and the 95/93/515 freeway to the east (1.75 miles).

Highlights

- Retail and office

- C1 zoning

- $105/PSF as-is

- Move-in ready with cash flow ($13,125.00 per month)

- Stand-alone with no association!

- Two miles to the Strip and Convention Center.

RE/MAX Advantage - Las Vegas

Property Description

Fantastic value-add investment property. These two buildings represent a great opportunity to refurbish and rehab to make more income for you. Seller is retiring, and this legacy property, although self-managed, is still 65% occupied with a mix of healthcare and other professionals in the office building, with an "On Call Cash" in the front building. This could be a phased redevelopment property with income!

- $13,125.00 per month in income.

- Tons of parking, in a vibrant trade area.

- The property sees 35,000 cars per day, and redevelopment is happening all around the area.

- New Ultra Car Wash across the street is insanely busy.

- Demographic reports are available, with confidential rent roll and lease plan too!

Area Description

The Central-East side submarket is the home of the University of Nevada Las Vegas (UNLV), Desert Springs Hospital, Sunrise Hospital, and three golf courses. The area has a substantial retirement population, and Desert Inn is a major East-West arterial road, connecting the Las Vegas Strip to the west of the property (2.7 miles), and the 95/93/515 freeway to the east (1.75 miles).

Highlights

- Retail and office

- C1 zoning

- $105/PSF as-is

- Move-in ready with cash flow ($13,125.00 per month)

- Stand-alone with no association!

- Two miles to the Strip and Convention Center.

View Details
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Attachments

Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

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