139 E Warm Springs Rd - Office FOR SALE


Las Vegas, NV 89119- South Las Vegas
$2,120,000 USD
139 E Warm Springs Rd, Las Vegas, NV for Sale
$2,120,000 USD
Office - FOR SALE
1/36
null | 5.5% Cap Rate

139 E Warm Springs Rd
Las Vegas, NV 89119
South Las Vegas


HIGHLIGHTS

  • Excellent Location (Near LV BLVD & I215)
  • Strong Tenant - Great 1031X Opportunity
  • Free Standing Building
  • 22 Private Offices | 3 Conferences Rooms | Kitchen & Breakroom | Large Lobby

OVERVIEW

Positioned in one of the Las Vegas Valley’s most connected commercial corridors, 139 E. Warm Springs offers investors the opportunity to acquire a well-located, freestanding office building with an established single tenant and immediate income in place. The property is ideally situated just minutes from Harry Reid International Airport and the Las Vegas Strip, with convenient access to I-15 and the I-215 Beltway. Its central location provides excellent connectivity throughout the valley, allowing businesses to conveniently serve Henderson, Summerlin, the Las Vegas Strip corridor, and the surrounding communities. This attractive single-story, freestanding office building contains approximately 6,300 square feet and is thoughtfully built out with 22 private offices, three conference rooms, a kitchen/breakroom, equipment and prep area, IT room, and a large reception/lobby. The property also offers 32 parking spaces, providing an excellent parking ratio for professional office use. For investors, the property offers an attractive 5.5% CAP rate with a highly qualified, long-term tenant that has occupied the building since 2016. A NNN lease is currently in place through May 2028, and the tenant has expressed a willingness to extend its lease, providing a potential opportunity for continued stable occupancy beyond the current term.

FOR SALE DETAILS

PRICE

$2,120,000 USD

PRICE/SF

$337 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

C-P, County

APN/PARCEL ID

177-09-113-017

ASK ABOUT THIS PROPERTY

Gidget GrahamGraham Team Commercial Real Estate AdvisorsMore Info

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Gidget GrahamGraham Team Commercial Real Estate AdvisorsMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.