2850 S Jones Blvd - Office CONDO FOR SALE


Las Vegas, NV 89146- Spring Valley
$1,099,000 USD
702-490-9090
2850 S Jones Blvd, Las Vegas, NV for Sale
$1,099,000 USD
Office CONDO - FOR SALE
1/10
null | 5.6% Cap Rate

2850 S Jones Blvd
Las Vegas, NV 89146
Spring Valley


OVERVIEW

Office 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. 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.? Current User can vacate the property with a 90 day notice if the buyer wants to owner-occupy the suite.

FOR SALE DETAILS

PRICE

$1,099,000 USD

PRICE/SF

$733 USD /SF

CAP RATE

5.6%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

2,479 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

-

APN/PARCEL ID

163-12-210-017

ASK ABOUT THIS PROPERTY

Dertrez PressleySphere Real EstateMore Info
702-490-9090

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Dertrez PressleySphere Real EstateMore Info
702-490-9090

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