In the last 12 months a large majority of my commercial investors have been from abroad. There are many reasons investor from other countries want to come here. Other countries are having economic difficulties, the growth in Las Vegas is known all over the world. The market in Las Vegas just keeps getting stronger.

After September 11, I was concerned that the effects of that day would affect the commercial market in Las Vegas. Now, 6 months later I can definitely say it has not. I have spent many days after day and hours with a foreign investor in Las Vegas and time after time they leave fascinated with our city. The commercial market speaks for itself in Las Vegas. It is a seller market here. Cap rates on investment properties are between 8% to10% and are selling like crazy.

The amount of people moving to Las Vegas is still consistent being anywhere between 4000 and 6000 a month. Current Hotels are expanding and the older hotels are being renovated to keep up. Unemployment is creeping downwards. This is doing well for the commercial market.

Income properties such as shopping centers and industrial parks are the way to go for investors. Multi tenant, lower risk investments that range from $2,000,000 to $6,000,000 can be purchased with a 25% to 30% down payment.

For more information regarding leasing, management and sales of commercial property please call Galit Rozen or Alon Ventura at 702-792-3440 in Las Vegas, Nevada.

Galit Rozen
RE/MAX Commercial Professionals
Broker/Owner
702-792-3440