Single-Tenant Office
For Sale
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1040 W Owens Ave, Las Vegas, NV 89106
Office property occupied by a State of Nevada welfare and supportive services agency under an extended lease.
Property Size30,840 SF
Days on Market145
Property Features for 1040 W Owens Ave
General Information
Standard status
Active
Size
30,840 SF
Property subtype
Office
Building Details
Tenancy
Single
Listing Agency:
ADELPHI PROPERTY ADVISORS
Listed By:
Mica Berg · License #NV 76067
(702) 755-5486
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 10:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ADELPHI PROPERTY ADVISORS
Investment Insights
Based on property information with market context.
This single-tenant office building at 1040 W Owens Ave in Las Vegas is occupied by the State of Nevada, Division of Welfare and Supportive Services. The agency uses approximately 30,840 square feet and has operated from the property since 1985.
The tenant signed a five-year lease extension, with the stated expiration in 2024. Lease terms also include scheduled rent increases, with the next increase identified for 2020. The occupant provides public assistance benefits, supportive services, and child-support assistance through its welfare and supportive services division.
The tenant signed a five-year lease extension, with the stated expiration in 2024. Lease terms also include scheduled rent increases, with the next increase identified for 2020. The occupant provides public assistance benefits, supportive services, and child-support assistance through its welfare and supportive services division.
Key Highlights
- Approximately 30,840 SF occupied by the State of Nevada, Division of Welfare and Supportive Services
- Single‑tenant office property at 1040 W Owens Ave, Las Vegas, NV 89106
- State agency occupancy dates to 1985
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
837
Businesses Nearby
Explore this area
Business Placement
Demographics for 89106, NV
27,695
Population
10,906
Households
2.5
Avg Household Size
33
Median Age
11%
College-Educated
73%
High-School Grad
5.1 sq mi
ZIP Area
5,430
Density / Sq Mi
$38,848
Median Household Income
$31,265
Median Earnings
$1,169
Median Rent
$263,100
Median Home Value
Market
Vacancy Rate% for Office in Las Vegas, NV
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office property occupied by a State of Nevada welfare and supportive services agency under an extended lease.
Where is this office building located?
The property is located at 1040 W Owens Ave Las Vegas, NV.
What are key features of this property?
This property features: Approximately 30,840 SF occupied by the State of Nevada, Division of Welfare and Supportive Services; Single‑tenant office property at 1040 W Owens Ave, Las Vegas, NV 89106; State agency occupancy dates to 1985
