One Nevada Credit Union

Listing One Nevada Credit Union Price:$2,500,000 Status:New This investment offering features a net-leased banking facility occupied by the One Nevada Federal Credit Union. The subject property is located at 555 North Maryland Parkway in the downtown submarket of Las Vegas, Nevada. Maryland Parkway is a major north-south commercial corridor and is amongst the site of a major redevelopment program that is being funded by private capital. Offered at $2,500,000 (10.6 percent cap rate), this investment offering allows a savvy investor to capitalize on in place income and re-tenant or occupy the space at the end of the lease. The property is one quarter of a mile north of Interstate-515/Highway 95-93 and less than a mile from freeway access. The property is surrounded by commercial development, single and multi-family homes. The subject property was constructed in 1978 of wood-frame walls with a stucco and masonry exterior on a poured on grade concrete foundation. The roof is mansard tile with a built-up flat composition cover. The windows are tinted/glazed in aluminum frames. The building consists of 15,865-square feet on a lot of 2.45 acres (106,722+/ square feet). There are four bays (two drive thru bays and two 24-hour ATM’s.

One Nevada Credit Union