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Details about the Land
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| County: Clark |
Type: Commercial |
Acres: 0.3 |
| Address: 2000 HIGHLAND |
City: Las Vegas |
State: Nevada |
| Zip: NV |
Price:
$700,000.00 |
Status: Available |
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Description of the Land
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WHY RENT,WHEN YOU CAN OWN?
0.30 INDUSTRIAL ACRES,WITH 5240 SQ' BUILDING WITH fIVE (5) RENTALS AND FENCED YARD....(PLUS).... A TWENTY(20)YEAR CLEAR CHANNEL SIGN LEASE, CURRENTLY AT $1,650.00 PER MONTH,WITH TEN PERCENT(10%) INCREASES EACH FIVE(5) YEARS.
CURRENT BUILDING RENTS ARE ON A MONTH TO MONTH BASIS AND ARE BELOW MARKET RATES.
IF ALL BUILDINGS ARE LEASED,AT CURRENT RATES THE YEARLY GROSS INCOME,INCLUSIVE OF THE SIGN RENT, WOULD BE APPROX. $64,200.
SELLER WILL TAKE $150,000 DOWN AND FINANCE BALANCE FOR TEN(10) YEARS AT SIX PERCENT(6%) INTEREST.
DEBT SERVICE PAYMENT PER MONTH APPROX.$6,106,(LESS) YOUR $1,650.00 PER MONTH SIGN LEASE = $4,456 PER MONTH,LESS ANY BUILDING RENTAL INCOME.
YOU CAN USE THE ENTIRE BUILDING AND YARD FOR YOURSELF,OR TAKE THE SPACE YOU NEED AND RENT OUT THE REMAINING UNITS.
THIS IS A GREAT OPPORTUNITY TO OWN YOUR OWN BUILDING AT VERY AFFORDABLE RATE.
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Directions to the Land
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I-15 TO SAHARA,TO HIGHLAND
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NOTE: The information contained herein is provided as general information only and has been obtained from sources deemed reliable. It is provided without any guaranty, warranty or representation, expressed or implied, made by LandsofAmerica.com, LLC, or any related entity, as to the accuracy or completeness of the information. The information is presented subject to errors, omissions, change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers should make their own investigations, projections and conclusions concerning the information.
