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2000 S Eastern Ave

10,122 SF 100% Leased Office Building Las Vegas, NV 89104 $2,131,560 ($211/SF) 7.50% Cap Rate

Investment Highlights

  • Cap Rate 7.5%
  • Low Maintenace and little to no property management required
  • Security cameras inside/outside with access 24/7 on your smartphone, COX internet with capacity for 1 GIG speed access.
  • Professional Lobby, 19 Large Offices, Large Conference Room, Break Room
  • Free Standing Building Renovated in 2022
  • Just a few minutes from Downtown Las Vegas and Medical District

Executive Summary

This sale involves a Full Service Gross lease; the tenant is not responsible for any additional expenses. The landlord covers all property-related costs, including taxes, insurance, maintenance, and utilities. The tenant simply pays a fixed rent amount.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
10,122 SF
Building Class
B
Year Built/Renovated
1984/2022
Price
$2,131,560
Price Per SF
$211
Cap Rate
7.50%
NOI
$159,867
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,122 SF
Building FAR
0.35
Land Acres
0.66 AC
Zoning
P-R, Las Vegas - P-R
Parking
25 Spaces (2.45 Spaces per 1,000 SF Leased)

Amenities

  • Atrium
  • Bus Line
  • Courtyard
  • Fenced Lot
  • Security System
  • Signage
  • Natural Light
  • Reception
  • Wi-Fi
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
162-02-801-004
Land Assessment
$80,500
Improvements Assessment
$252,328
Total Assessment
$332,828
  • Listing ID: 32159483

  • Date on Market: 6/17/2024

  • Last Updated:

  • Address: 2000 S Eastern Ave, Las Vegas, NV 89104

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