For Auction
South Rainbow Business Park
Las Vegas, NV 89118Represented by
Newmark Knight Frank
Asset Snapshot
Offering Summary
100% Leased Southwest Las Vegas Office
TOUR DATES AVAILABLE NOVEMBER 12TH AND 13TH
FROM 11:00 TO 1:00 PM BY RSVP ONLY
Investment Highlights:
- Secure Income Stream–100% leased to a diverse rent roll of 7 tenants with an average remaining lease term of 4.57 years
- Quickly Growing Southwest Submarket–The Property is located in the extremely attractive southwest submarket where the majority of new construction is occurring
- Staggered Lease Expirations–Smooth cash flow stream with no more than 15% of total square footage expiring each year until 2024
- Below Replacement Cost–The Property is expected to trade well-below replacement cost
South Rainbow Business Center is a 43,928 SF, two-building, multi-tenant, office project located in the quickly growing southwest submarket of Las Vegas. The Property was completed in 2005 on 3.88 acres of land and is currently 100% leased to seven tenants. The current owners have invested significant capital over the last few years on the parking lot, roof, building façade, and landscaping to deliver a clean and updated property that will provide secure, diversified cash flow to a new owner.
Due Diligence
Platform Fee
Buyer pays platform fee at closing.
5% or $25,000 minimum
How it Works
Learn about bidding, reserve prices, and closing.
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Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
