Office Units in Planned Business
For Sale
Contact for pricing
2441 Tech Center Court, Las Vegas, NV 89128
Office units positioned near professional and medical offices with access to retail, residential areas, US-95, and I-215.
Property Size4,775 SF
Price / SF$360
Days on Market66
Property Features for 2441 Tech Center Court
General Information
Standard status
Active
Size
4,775 SF
Total Parking Spaces
26
Property subtype
Office
Zoning
Planned Business Park (C-PB)
Investment Type
Owner/User
Additional Details
Highway Access
Yes
Listing Agency:
Sansone Investments
Listed By:
Devon Sansone · License #NV 0144024
Source:
Crexi
Added: Jun 30
Changed: Sep 2
Last Checked: Sep 2 at 8:23AM
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 Sansone Investments
Investment Insights
Based on property information with market context.
This office property is located within a Planned Business Park (C-PB) at 2441 Tech Center Court in Las Vegas. The setting is near professional and medical offices, with retail and residential areas also nearby.
The property offers access to US-95 and the I-215 Beltway. Downtown Las Vegas is 8.5 miles away, while the Las Vegas Strip is 11.1 miles from the site.
The property offers access to US-95 and the I-215 Beltway. Downtown Las Vegas is 8.5 miles away, while the Las Vegas Strip is 11.1 miles from the site.
Key Highlights
- Planned Business Park (C‑PB) zoning
- Located at 2441 Tech Center Court, Las Vegas, NV 89128
- Near professional and medical offices
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$73,487
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,469,740
$1.5M
Cap Rate 7%
$1,049,814
$1.0M
Cap Rate 9%
$816,522
$816.5K
Market Conditions
NOI Build-Up for 4,775 SF
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.
Gross rent
$114.6K $24.00/SF
− Vacancy
−$16.6K −$3.48/SF
EGI
$98.0K $20.52/SF
− OpEx
−$24.5K −$5.13/SF
NOI
$73.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,469,740
Cap Rate 7%
$1,049,814
Cap Rate 9%
$816,522
Alternative Uses
Best Use
Office B
$1.05M
$918.6K – $1.22M
NOI $73,487 @ 7.0% cap · market cap 4.27%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.65M
$1.44M – $1.92M
NOI $115,497 @ 7.0% cap · market cap 6.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,415
Businesses Nearby
Explore this area
Business Placement
Demographics for 89128, NV
37,882
Population
16,840
Households
2.2
Avg Household Size
40
Median Age
31%
College-Educated
91%
High-School Grad
6.0 sq mi
ZIP Area
6,314
Density / Sq Mi
$70,641
Median Household Income
$41,581
Median Earnings
$1,621
Median Rent
$378,600
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 units - Office units positioned near professional and medical offices with access to retail, residential areas, US-95, and I-215.
Where is this office units located?
The property is located at 2441 Tech Center Court Las Vegas, NV.
What is the asking price?
The asking price for this property is $1,719,000.
What are key features of this property?
This property features: Planned Business Park (C‑PB) zoning; Located at 2441 Tech Center Court, Las Vegas, NV 89128; Near professional and medical offices
