One of the charms of buying commercial real estate in Las Vegas is not only the distressed properties. When the market was on the upswing, local officials were investing in tons of infrastructure, like highway exchanges and sanitation lines, to name just a couple. Much of this has remained unused since that time and it’s waiting for someone invest to reap the benefits.
The good thing is that Las Vegas, even though it has taken a sizable hit in recent years, has not and will not become another Detroit. The dry and warm Las Vegas climate will continue to attract newcomers, and there has not been a large scale exodus from the area. This means that investing now will surely pay off in the long term.