530 S 6th St - Office FOR SALE


Las Vegas, NV 89101- Downtown Las Vegas
$3,450,000 USD
725-227-8792
530 S 6th St, Las Vegas, NV for Sale
$3,450,000 USD
Office - FOR SALE
1/13
null | 6.98% Cap Rate

530 S 6th St
Las Vegas, NV 89101
Downtown Las Vegas


HIGHLIGHTS

  • Fully Leased Passive Investment with Long-Term Stability – 100% occupied with a newly executed 7-year NNN lease (exp 2031) to an established business.
  • Attractive Cap Rate & Strong NOI – Generates $262,080 in gross income with a 6.27% cap rate (professionally managed) or 6.78% cap rate (self-managed).
  • Recent Full Renovation – Completely remodeled in 2023 & 2024, offering modern interiors, upgraded systems, and minimal near-term capital expenditures.
  • Prime Downtown Location – Hard-corner site in the heart of Downtown Las Vegas, near courthouses, hospitals, and major business hubs.
  • Rare Private Parking – Gated lot with 20 covered spaces, a highly sought-after amenity in the downtown submarket.
  • Secure & High-Quality Construction – Built with cinder block construction, remote-controlled security shutters, and advanced safety features.

OVERVIEW

Stake a claim in Downtown Las Vegas by acquiring 530 S 6th Street, a high-quality, turnkey office asset providing a significant income stream from a single-tenant lease. A recently executed seven-year lease runs to February 28, 2031, and the triple net lease (NNN) terms leave minimal landlord responsibilities. 530 S 6th Street generates a reliable annual income of $262,080, offering investors a strong 6.98% cap rate. The tenant, Sierra Sage Recovery Services, is a well-established provider of addiction treatment services, ensuring stability and long-term occupancy. 530 S 6th Street, made of strong masonry construction on a monolithic slab with smooth stucco finishes around the exterior, spans approximately 8,000 square feet. The property was completely remodeled in 2023 and 2024, including upgrading security measures and building systems, as well as modernizing the interior. 530 S 6th Street also features a private gated parking lot with 20 covered spaces, a rare asset in the bustling downtown area. Situated on a 0.31-acre lot zoned C1 at a hard-corner intersection, the property affords immense flexibility in reuse potential and ample exposure, fortifying its future attractiveness. The Downtown Las Vegas office submarket is coveted for its unmatched amenity base, ease of access, and proliferation of professional destinations. 530 S 6th Street’s positioning captures these attractors. It is within a 15-minute walk of the regional justice center, federal courthouse, Downtown Container Park, Freemont Street Experience, and the downtown corridor. Tenants enjoy uncongested access while away from The Strip, only about a mile from Interstates 15 and 11. As of Q2 2025, 420,000 square feet of office space was under construction in Downtown Las Vegas, and the trailing five-year average rent growth was 4.5%, emphasizing the desirability of office property here. With a secure NNN lease, fully upgraded infrastructure, and superior locational factors, this offering provides a truly passive investment with immediate cash flow and long-term value appreciation potential. *Note for potential owner/users: Tenant’s lease has a buy-out provision. *Asset is 1031 Exchange eligible.

FOR SALE DETAILS

PRICE

$3,450,000 USD

PRICE/SF

$431 USD /SF

CAP RATE

6.98%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

undefined, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

C1, Las Vegas

APN/PARCEL ID

139-34-310-067,139-34-310-068

ASK ABOUT THIS PROPERTY

Robert HatrakHatrak CommercialMore Info
725-227-8792

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Robert HatrakHatrak CommercialMore Info
725-227-8792

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