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Office Condo For Sale • 2,479 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 1st Floor - Unit 2 | Office | 2,479 SF | $950,000 USD | |
DescriptionThis property features 7 Private offices, 1 conference room, bullpen, kitchenette, storage room and 2 bathrooms. Parking: 5 covered assigned stalls. Sale NotesOffice Condominium at 2850 S. Jones Blvd, Las Vegas, NV 89146 Presenting this lucrative investment opportunity in the heart of Las Vegas! This single-tenant office condominium offers a long-term NNN lease structure with built-in annual rent increases, ensuring a strong return on investment. Tenant manages a chain of 8 restaurants across 5 states. They have been leasing at this location for over 5 years. Owner occupiers welcome - current tenant is willing vacate the property with a 90 day notice given by the purchaser. |
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Situated in the established Spring Valley submarket of Las Vegas, the property boasts high daytime population and positive growth trends, ensuring sustained tenant demand. Benefit from a prime location along South Jones Boulevard, surrounded by strong residential density, nearby employment centers, and major transportation corridors for convenience. Ideal for an 1031 buyer seeking a secure income stream, this office condominium with two renewal options is a prime asset in a thriving commercial hub.
| Cap Rate: | 6.48 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Red Rock Family Clinic | ||
| RUN Hargett RUN, LLC | 2,479 SF | 12/30/2030 |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Harry Reid International | 16 min | - | 8.1 mi |
| Boulder City Municipal | 42 min | - | 29.4 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 6 |
| Type: | Surface |
| Included in Rent: | Yes |
Dertrez Pressley
Sphere Real Estate
