530 S 6th St
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530 S 6th St
8,000 SF Office Building Las Vegas, NV 89101 $3,650,000 ($456/SF) 6.41% Cap Rate
Investment Highlights
- Features solid cinder block construction for added durability and security.
- Door and window security shutters can be controlled remotely for added convenience.
- Prominent hard-corner location ensures the building is easy to see and find.
- Equipped with an alarm system and panic system at the front desk for immediate response.
- Private gated rear lot with 20 covered parking spaces ensures secure and convenient parking.
- Offers unmatched access to major transportation routes including I-515 and I-15.
Executive Summary
530 S 6th street is a ±8,000 square foot office building located in the heart of Downtown Las Vegas on the hard corner of East Bonneville Avenue and South 6th Street.
Its central location provides quick and easy access to US-95 and I-15, UMC & Valley Hospitals, Downtown Las Vegas, the Regional Justice Center and Federal Courthouses, new Supreme Court building, and is only 7 miles from Harry Reid International Airport.
Situated on ±0.31 acres, the property will offers a private rear lot parking lot, providing 20 covered parking spaces as a rare amenity in the downtown submarket.
Built like a fortress: Security conscious tenants will enjoy the building’s cinder block construction and automatic metal rolling security shutters over every window and entrance.
Recently completely remodeled, and 100% occupied with 7 years remaining on the tenant’s initial lease term.
Its central location provides quick and easy access to US-95 and I-15, UMC & Valley Hospitals, Downtown Las Vegas, the Regional Justice Center and Federal Courthouses, new Supreme Court building, and is only 7 miles from Harry Reid International Airport.
Situated on ±0.31 acres, the property will offers a private rear lot parking lot, providing 20 covered parking spaces as a rare amenity in the downtown submarket.
Built like a fortress: Security conscious tenants will enjoy the building’s cinder block construction and automatic metal rolling security shutters over every window and entrance.
Recently completely remodeled, and 100% occupied with 7 years remaining on the tenant’s initial lease term.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
8,000 SF
Building Class
B
Year Built
1993
Price
$3,650,000
Price Per SF
$456
Cap Rate
6.41%
NOI
$234,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,000 SF
Building FAR
0.59
Lot Size
0.31 AC
Zoning
C1, Las Vegas - Limited Commercial District (C-1)
Parking
20 Spaces (2.5 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Fenced Lot
- Signage
- Accent Lighting
- Automatic Blinds
- Air Conditioning
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Sierra Sage Recovery Services
- Health Care and Social Assistance
-
99,999 SF
- -
-
Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Sierra Sage Recovery Services | Health Care and Social Assistance | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
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Walk Score ®
Very Walkable (89)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $259,348 | |
| Land Assessment | $174,877 | Total Assessment | $434,226 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$174,877
Improvements Assessment
$259,348
Total Assessment
$434,226
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530 S 6th St
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