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Technique Offices in Southwest District

5955 S Jones Blvd Las Vegas, NV 89118

5955 S Jones Blvd, Las Vegas, NV, 89118
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Luxury single-story office buildings in Las Vegas' Southwest Business District.

Property Size3,973 SF
Price / SF$445
AddedFeb 11, 2025
Days on Market520
Last RefreshJul 15 at 12:58 pm

Property Features for 5955 S Jones Blvd

General Information

Standard status
Active
Size
3,973 SF
Property subtype
Office

Building Details

Year Built
2025

Listing office Brand Real Estate

Listing date Feb 11, 2025

Source Crexi

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 Brand Real Estate


Investment Insights

Based on property information with market context.

Technique Offices offer an opportunity to own business real estate in the Southwest Business District of Las Vegas. Designed with attention to detail, these single-story office buildings are planned to be available for purchase. The property is located less than 1 mile from the I-215 Beltway on Jones Blvd, in the heart of the Southwest Business District, with direct access to I-215. Commute times to both Summerlin and Green Valley areas are approximately 12 minutes via I-215. Jones Blvd is described as an increasingly popular thoroughfare with less congested drive times. The location provides direct access with parking up front. The property features resort-style landscaping and exterior finishes. The site has 300' of direct street visibility on Jones Blvd, with an estimated 35,000 drivers passing by every day, affording building signage opportunities. The project is expected to be completed in Q4 2024.

Key Highlights

  • Prime Location: Situated in the highly desirable Southwest Business District of Las Vegas, less than 1 mile from the I‑215 Beltway, offering unmatched accessibility.
  • High Visibility: Boasts 300' of direct street visibility on Jones Blvd., a major thoroughfare, with an estimated 35,000 daily drivers, providing unequaled building signage opportunities.
  • Easy Access: Designed for convenient access with surface parking directly in front of the building.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $95.4k $24.00
− Vacancy −$13.8k −$3.48
EGI $81.5k $20.52
− OpEx −$20.4k −$5.13
NOI $61.1k $15.39
3,973 SF · lease $24.00/SF/yr · vacancy 14.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$873.5K
$764.3K – $1.02M (±1% cap)
NOI $61,144 @ 7.0% cap · market cap 3.46%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.37M
$1.20M – $1.60M (±1% cap)
NOI $96,099 @ 7.0% cap · market cap 5.44%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Restaurant Auto Repair Shop Pharmacy Grocery & Convenience Store Parking Lot & Garage Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Hotel & Motel Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Luxury single-story office buildings in Las Vegas' Southwest Business District.
Where is this office building located?
The property is located at 5955 S Jones Blvd Las Vegas, NV.
What is the asking price?
The asking price for this property is $1,767,985.
What are key features of this property?
This property features: Prime Location: Situated in the highly desirable Southwest Business District of Las Vegas, less than 1 mile from the I‑215 Beltway, offering unmatched accessibility.; High Visibility: Boasts 300' of direct street visibility on Jones Blvd., a major thoroughfare, with an estimated 35,000 daily drivers, providing unequaled building signage opportunities.; Easy Access: Designed for convenient access with surface parking directly in front of the building.
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