Vacant Building in Cheyenne
For Sale
$9,049,638
3280 N Cimarron Road, Las Vegas, NV 89129
Vacant building in mixed-use campus near medical facilities.
Property Size36,200 SF
Price / SF$249.99
Days on Market209
Property Features for 3280 N Cimarron Road
General Information
Standard status
Active
Size
36,200 SF
Property subtype
10/15/2026
Building Details
Building Size
36,200 SF
Year Built
2026
Listing Agency:
Cushman & Wakefield | Las Vegas
Listed By:
Marlene Fujita · License #S.0054013
(702) 688-6884
Source:
Cushmanwakefield
Added: Mar 26
Changed: Oct 16
Last Checked: Oct 19 at 3:47AM
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 Cushman & Wakefield | Las Vegas
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Investment Insights
Based on property information with market context.
Located within Cheyenne Corporate Center, the vacant building at 3280 N. Cimarron Road (Building Four) is available for acquisition. Building Four is part of a mixed-use campus comprising nine buildings with office, medical office, and retail tenants. The entire campus encompasses approximately 321,245 square feet across nine parcels and is managed by a commercial association responsible for the common areas, which reduces management responsibilities for individual building owners. Other occupants within the center include the State of Nevada Physical Therapy Board, SimonMed, Davita, TPx/MPower Communications, and Dennett Winspear Attorneys at Law. Cheyenne Corporate Center has historically attracted medical tenants due to its proximity to medical facilities, including the approximately 425-bed Mountainview Hospital (Sunrise Health System), the Optum (United HealthGroup) multi-building campus, and the recently opened UNLV Health clinic. The property offers convenient access to US 95 (one mile East) and I-215 (3.5 miles West), providing a central location for the North, Northwest, and West trade areas. The building has a size of 36,200 square feet.
Key Highlights
- Located within Cheyenne Corporate Center, a well‑established mixed‑use campus.
- Proximity to Mountainview Hospital, Optum, and UNLV Health clinic, attracting medical tenants.
- Minimal management required due to commercial association.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$557,118
Cap Rate
6.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,142,360
$11.1M
Cap Rate 7%
$7,958,829
$8.0M
Cap Rate 9%
$6,190,200
$6.2M
Market Conditions
NOI Build-Up for 36,200 SF
Gross rent
$868.8K $24.00/SF
− Vacancy
−$126.0K −$3.48/SF
EGI
$742.8K $20.52/SF
− OpEx
−$185.7K −$5.13/SF
NOI
$557.1K $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%
$11,142,360
Cap Rate 7%
$7,958,829
Cap Rate 9%
$6,190,200
Alternative Uses
Best Use
Office B
$7.96M
$6.96M – $9.29M
NOI $557,118 @ 7.0% cap · market cap 6.16%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$12.51M
$10.95M – $14.59M
NOI $875,604 @ 7.0% cap · market cap 9.68%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
539
Businesses Nearby
Explore this area
Business Placement
Demographics for 89129, NV
54,067
Population
21,941
Households
2.5
Avg Household Size
39
Median Age
33%
College-Educated
93%
High-School Grad
10.0 sq mi
ZIP Area
5,407
Density / Sq Mi
$87,544
Median Household Income
$48,690
Median Earnings
$1,767
Median Rent
$420,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Las Vegas, NV
Frequently Asked Questions
What type of property is this?
Office building - Vacant building in mixed-use campus near medical facilities.
Where is this office building located?
The property is located at 3280 N Cimarron Road Las Vegas, NV.
What is the asking price?
The asking price for this property is $9,049,638.
What are key features of this property?
This property features: Located within Cheyenne Corporate Center, a well‑established mixed‑use campus.; Proximity to Mountainview Hospital, Optum, and UNLV Health clinic, attracting medical tenants.; Minimal management required due to commercial association.
