Built-Out Professional Office
For Sale
Contact for pricing
1880 East Warm Springs Road Suites 130-135, Las Vegas, NV 89119
Turnkey office suite with multiple private offices, conference rooms, reception, restrooms, and breakroom setup.
Property Size2,652 SF
Price / SF$377.07
Days on Market118
Property Features for 1880 East Warm Springs Road Suites 130-135
General Information
Standard status
Active
Size
2,652 SF
Property subtype
Office
Zoning
Commercial Professional (CP)
Investment Type
Owner/User
Building Details
Year Built
2007
Units
1
Listing Agency:
Cambridge Group
Listed By:
Jordan Hanley · License #BS.014889
(702) 335-7719
Source:
Crexi
Added: Jun 18
Changed: Oct 10
Last Checked: Oct 12 at 6:17PM
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 Cambridge Group
Investment Insights
Based on property information with market context.
This fully built-out professional office suite offers an efficient layout designed for day-to-day operations. The space includes multiple private offices, conference rooms, an open work area, reception, private restrooms, and a breakroom. The suite is well-suited for an owner-user who wants immediate functionality without added build-out requirements, and it also offers flexibility since it can be demised into two separate units.
The property is positioned along the Warm Springs corridor, with convenient access to Interstate 215 and Interstate 15. Additional regional connectivity includes Harry Reid International Airport and access to the Las Vegas Strip, supporting a broad range of professional tenant and user needs.
From a tenant or buyer perspective, the interior configuration supports a range of office uses that require both collaborative and private work settings. The ability to operate as a single suite or as two units can help accommodate changing occupancy strategies while keeping the premises purpose-built for professional work environments.
The property is positioned along the Warm Springs corridor, with convenient access to Interstate 215 and Interstate 15. Additional regional connectivity includes Harry Reid International Airport and access to the Las Vegas Strip, supporting a broad range of professional tenant and user needs.
From a tenant or buyer perspective, the interior configuration supports a range of office uses that require both collaborative and private work settings. The ability to operate as a single suite or as two units can help accommodate changing occupancy strategies while keeping the premises purpose-built for professional work environments.
Key Highlights
- 2,652 SF professional office suite built in 2007
- Efficient layout with multiple private offices, conference rooms, open work areas, and reception
- Includes private restrooms and a breakroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,814
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$816,280
$816.3K
Cap Rate 7%
$583,057
$583.1K
Cap Rate 9%
$453,489
$453.5K
Market Conditions
NOI Build-Up for 2,652 SF
Gross rent
$63.6K $24.00/SF
− Vacancy
−$9.2K −$3.48/SF
EGI
$54.4K $20.52/SF
− OpEx
−$13.6K −$5.13/SF
NOI
$40.8K $15.39/SF
Area
Las Vegas, NV
Vacancy
14.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$816,280
Cap Rate 7%
$583,057
Cap Rate 9%
$453,489
Alternative Uses
Best Use
Office B
$583.1K
$510.2K – $680.2K
NOI $40,814 @ 7.0% cap · market cap 4.08%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$916.4K
$801.8K – $1.07M
NOI $64,146 @ 7.0% cap · market cap 6.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
786
Businesses Nearby
Explore this area
Business Placement
Demographics for 89119, NV
48,895
Population
24,756
Households
2
Avg Household Size
36
Median Age
20%
College-Educated
84%
High-School Grad
12.9 sq mi
ZIP Area
3,790
Density / Sq Mi
$46,472
Median Household Income
$32,590
Median Earnings
$1,184
Median Rent
$301,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Las Vegas, NV
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Turnkey office suite with multiple private offices, conference rooms, reception, restrooms, and breakroom setup.
Where is this office units located?
The property is located at 1880 East Warm Springs Road Suites 130-135 Las Vegas, NV.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: 2,652 SF professional office suite built in 2007; Efficient layout with multiple private offices, conference rooms, open work areas, and reception; Includes private restrooms and a breakroom
