2560 Sunset RdLas Vegas, NV 89120

Property Details for 2560 Sunset Rd

Year built

1998

Construction

FRAME

Lot size

1.10 AC

Property size (Sq ft)

16,558 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

162-36-410-038

APU

16236410038

Description

This exceptional commercial property, Park 2000 Office Retail, presents a unique investment opportunity in the vibrant Las Vegas market. Situated at 2560 Sunset Rd, Las Vegas, NV 89120, this single-story, Class B building boasts a total of 15,942 square feet and offers multiple tenancy options. Built in 1998, the property is zoned C-2 and located in Clark County, benefiting from its prime position in the high-traffic northeast corner of Sunset and Eastern Avenues. The building's strategic location within the established Park 2000 Business Park ensures high visibility and accessibility, surrounded by a diverse mix of businesses including Wells Fargo Bank, McDonald's, Taco Bell, and other successful enterprises. Currently, three spaces are available, ranging from 462 to 800 square feet, providing flexibility for various business needs. The minimum divisible space is 728 square feet, with a maximum contiguous space of 728 square feet. This property is ideal for businesses seeking a well-established location with high foot traffic and excellent visibility in a thriving commercial area. The property's diverse subtype classifications, including Executive Office, Traditional Office, Professional, and Strip Center, cater to a wide range of potential tenants. This presents a compelling opportunity to establish or expand your business in a prime Las Vegas location.

• CAP approach

  CAP return

  Valuation

  6%

  $5,142,318

  6.5%

  $4,746,756

  7%

  $4,407,702

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,359,836

  Geo Method

  $8,359,836

• Alternative Use

  Use

  Valuation

  Residential

  $4,004,066

  Hospitality

  $3,667,703

  Educational

  $3,051,486

  Medical

  $3,156,431

  Retail

  $4,746,756

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.0726

Longitude

-115.115

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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