Leased Office Investment
For Sale
Contact for pricing
3077 E Warm Springs Rd, Las Vegas, NV
100% leased office building with long-term tenants.
Property Size10,530 SF
Lot Size0.69 Acres
Price / SF$198.96
Days on Market670
Property Features for 3077 E Warm Springs Rd
General Information
Standard status
Active
Size
10,530 SF
Lot size
0.69 Acres
Property subtype
OFFICE
Listing Agency:
Hatrak Commercial
(702) 271-3520
Listed By:
Rob Hatrak
Source:
Moodyscre
Added: Oct 2, 2024
Changed: Jul 10
Last Checked: Jul 21 at 6:48AM
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 Hatrak Commercial
Investment Insights
Based on property information with market context.
This property presents a 100% leased office investment opportunity with stable tenancy supported by long-term leases featuring 3% annual rent escalations. It is situated within a well-maintained professional garden office business park. The location provides convenient access to several freeway access points and is in close proximity to Harry Reid International Airport. The property is impeccably maintained with no known deferred maintenance. Current lease rates suggest potential for future rent growth. The property size is 10530 square feet.
Key Highlights
- 100% leased office investment opportunity providing immediate income.
- Stable tenancy on long‑term leases ensures consistent cash flow.
- Annual 3% rent escalations provide built‑in income growth.
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 | $252.7k | $24.00 |
| − Vacancy | −$36.6k | −$3.48 |
| EGI | $216.1k | $20.52 |
| − OpEx | −$54.0k | −$5.13 |
| NOI | $162.1k | $15.39 |
10,530 SF · lease $24.00/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.32M
$2.03M – $2.70M
NOI $162,057 @ 7.0% cap · market cap 7.74%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.64M
$3.18M – $4.24M
NOI $254,699 @ 7.0% cap · market cap 12.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
890
Businesses Nearby
Explore this area
Business Placement
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 - 100% leased office building with long-term tenants.
Where is this office building located?
The property is located at 3077 E Warm Springs Rd Las Vegas, NV.
What is the asking price?
The asking price for this property is $2,095,000.
What are key features of this property?
This property features: 100% leased office investment opportunity providing immediate income.; Stable tenancy on long‑term leases ensures consistent cash flow.; Annual 3% rent escalations provide built‑in income growth.
