Real Estate Investment Opportunities

A list of the best real estate investments and real estate development opportunities around. Never MLS listed, these real estate projects don't get shopped around and some make great 1031 exchanges, so register at our TIC Investor website.

Friday, June 22, 2007

Spanish Vista Class "A" Office Building

Spanish Vista, located at 4955 S. Durango Road in Las Vegas, is a garden style professional office building located at the hard corner of Tropicana Ave and Durango Drive. This property is located in a densely populated area surrounded by numerous commercial and residential developments. Within one mile the average household income is $107,423.

Purchase Price: $14,100,000

  • Most Tenants have Annual Rental Escalations 3% - 6%
  • New Financing Opportunity
  • Year Built: 1999
  • 7.23% Cash-On-Cash
  • 3.99 Total Acres
  • Average Household Income within one mile is $107,423
  • Hard Signalized Corner of Tropicana/Durango

All leases are modified gross with a base year provision allowing for the recapture of future operating expenses and limiting exposure to rising expenses. In addition each lease provides for annual rental escalations. This property will be delivered free of debt, allowing a new buyer to obtain new financing.

Download the informational .pdf and then contact me if you're interested in moving forward with this investment.

posted by Mr. High Rise @ 3:34 PM  

1 Comments:

  • At 7:16 PM, Blogger Joyce Hillary said…

    I am very grateful to Elegant loan firm for helping me get a $ 600,000 loan with the helping of loan officer Russ Harry, and I will always be grateful. My life has changed, my money has been paid, I now own a business that I used to support my family. I am grateful to you, Mr. Russ, and God bless you. You can contact them for your financial assistance by e-mail: Elegantloanfirm@hotmail.com for your financial assistance. / Whats app +393511617486.

     

Post a Comment

<< Home