3077 E Warm Springs Rd, Las Vegas, NV
100% leased office building with long-term tenants.
- Added:
- Oct 2, 2024
- Days on Market:
- 624
- Last Refresh:
- May 20 at 8:22 pm
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 agent Rob Hatrak
Listing office Hatrak Commercial (702) 826-0050
Listing date Oct 2, 2024
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Hatrak Commercial
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.
- Room for future rent growth indicates potential for increased returns.
- Convenient location near freeway access points and Harry Reid International Airport.
- Impeccably maintained with no known deferred maintenance reduces potential expenses.
Overview
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 | $252.7k | $24.00 |
| − Vacancy | −$36.6k | −$3.48 |
| EGI | $216.1k | $20.52 |
| − OpEx | −$54.0k | −$5.13 |
| NOI | $162.1k | $15.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.113
- Latitude
- 36.0569