2700 E Chandler Ave Office FOR SALE


Las Vegas, NV - Paradise Valley East
$5,750,000 USD
702-221-8226
, Las Vegas, NV for Sale
$5,750,000 USD
Office - FOR SALE
1/23
null | 7.59% Cap Rate

2700 E Chandler Ave
Las Vegas, NV
Paradise Valley East


HIGHLIGHTS

  • Strong Existing Income with Possible Owner
  • 24-hour access with ample parking
  • Convenient airport location, with quick access to I-15 and I-215, and close proximity to major shopping and amenities
  • Flexible floor plan – potential to convert to open showroom or classroom configuration
  • One section equipped with 3-phase power (800–1000 amps)

OVERVIEW

Originally priced as 6.35 million, the owner provides $350K credits for remodeling Building C, new roof under construction. Net 6million Current NOI is $246,798 with Building A & B fully leased. Projective income with Building C fully leased will be $189,672. PARK OVERVIEW Park 2000 features three garden-style office buildings located in the Airport Submarket off E. Sunset Road, offering convenient access to both the I-15 Freeway and I-215 Beltway. Situated just minutes from Harry Reid International Airport and the Las Vegas Strip, Park 2000 provides quick connectivity to abundant dining and retail amenities, and sits directly across from Sunset Regional Park — the crown jewel of Clark County’s park system. The property offers ample and covered parking and is zoned L1 for light industrial use, making it ideal for a wide range of business types, particularly those requiring substantial power capacity. Park 2000 recently underwent a comprehensive renovation exceeding $1 million, including: ·         New office spec suites in Building A ·         Fresh exterior paint ·         Enhanced desert landscaping ·         Newly striped parking lot There are a set of 3 buildings: Building A -  11980 SQFT;  fully rebuilt in 2022-2023 with 6 new spec suites. with multiple national brand tenants; several corporate guarantees; average remaining lease term 3-4 years; there is one vacancy but I'm actively discussing with a security company. Modified gross lease. There is one vacancy but lease in negotiation. Building B -  5950 SQFT; remodeled with permit in 2024. Brand new roof. Building C - 11290 SQFT Power (3-phase). New roof to be completed soon in 2026. Buildings A and B are fully leased. Building C, totaling approximately 11,290 SF, is well-suited for single-tenant occupancy or can be divided into multiple suites. Building C features significant power capacity: ·         Section #1 – 600 AMPS, Single-Phase Power ·         Section #2 – 1000 AMPS, 120/240V, 3-Phase Power (to be verified) This property is ideal for professional offices, training schools, childcare centers, showrooms, or businesses requiring large power loads. Zoning: LI (light industrial), permitted for warehouses. Grandfathered for office and medical use.

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702-221-8226

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702-221-8226

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