Prime Investment Opportunity: Fully Occupied Office Building with Established Long-Term Tenant
Take advantage of this rare opportunity to acquire a fully leased, income-producing office building with a stable, long-term tenant in place. The current tenant - a reputable executive suite and virtual office operator with multiple locations throughout the Las Vegas/Henderson Valley - has operated at this location since 2008 and maintains a strong track record of success.
The tenant currently occupies the entire building with a long-term lease in place. However, for owner-users, the tenant is willing to vacate a portion of the second floor to accommodate owner-occupant use.
Property Highlights:
- Located in a professional business park with mature landscaping and ample parking.
- Two-story office building with lobby entrances on both floors.
- 76 private offices, 2 conference rooms, a business center, kitchen, and 4 restrooms.
- Elevator access to all floors.
Recently upgraded with:
- LED lighting conversion in all common areas for enhanced energy efficiency.
- Remodeled elevator wall finishes. (Project to be completed June 2025)
- New flooring in second-floor common areas.
Prime Location:
- Centrally located with convenient access to the entire Las Vegas Valley.
- Within 1–3 miles of the Las Vegas Strip, Downtown Las Vegas, and numerous Local, State, and Federal courthouses.
This property offers excellent flexibility for both investors seeking steady returns and owner-users looking for a prime business location with built-in income.
Proforma figures are based on 2024 actual operating expenses.
PROPERTY FACTS
Sale Type - Investment
Property Type - Office
Property Subtype - Office/Residential
Building Size - 17,580 SF
Building Class - B
Year Built/Renovated - 1974/2025
Price - $3,200,000
Price Per SF - $182.03
Cap Rate - 6%
NOI - $192,000
Tenancy - Multiple
Building Height - 2 Stories
Typical Floor Size - 8,790 SF
Lot Size - 0.21 AC
Zoning - C-1, Las Vegas
Parking - 80 Spaces, approx (4.55 Spaces per 1,000 SF Leased)