Occupied Office
For Sale
Contact for pricing
4325 N Rancho Dr, Las Vegas, NV 89130
Two leased suites provide established office layouts with private rooms, work areas, and on-site parking.
Property Size13,368 SF
Price / SF$205.72
Days on Market206
Property Features for 4325 N Rancho Dr
General Information
Standard status
Active
Size
13,368 SF
Class
B
Property subtype
Office
Zoning
General Commercial (C-2)
Occupancy
100%
Lease Type
NNN
Investment Type
Owner/User
Net Operating Income
$177,418
Additional Details
Office Units
2
Building Details
Year Built
2004
Buildings
7
Stories
1
Tenancy
Multi
Listing Agency:
MDL Group
Listed By:
Hayim Mizrachi, SIOR, CCIM · License #NV 143643
(702) 340-9600
Source:
Crexi
Added: Mar 25
Changed: Oct 8
Last Checked: Oct 14 at 10:35PM
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 MDL Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Northbrooke Business Park is a professional office property at 4325 N. Rancho Drive in Las Vegas. Built in 2004, the offering includes two occupied suites totaling approximately 13,368 SF. Each suite is arranged for office use with enclosed rooms, open workspace, and circulation paths connecting the entry to interior work areas. Angled perimeter walls create varied configurations within the suites.
The property is positioned in the Northwest submarket of Las Vegas and includes on-site parking. Suite 110-120 and Suite 150-170 are both occupied, providing an existing tenancy profile for an investor or an owner-user evaluating office space with current occupancy.
The property is positioned in the Northwest submarket of Las Vegas and includes on-site parking. Suite 110-120 and Suite 150-170 are both occupied, providing an existing tenancy profile for an investor or an owner-user evaluating office space with current occupancy.
Key Highlights
- Two occupied office suites totaling approximately 13,368 SF
- Suites 110‑120 and 150‑170 are currently occupied
- Multiple enclosed offices and workspace areas in each suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$205,734
Cap Rate
7.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,114,680
$4.1M
Cap Rate 7%
$2,939,057
$2.9M
Cap Rate 9%
$2,285,933
$2.3M
Market Conditions
NOI Build-Up for 13,368 SF
Gross rent
$320.8K $24.00/SF
− Vacancy
−$46.5K −$3.48/SF
EGI
$274.3K $20.52/SF
− OpEx
−$68.6K −$5.13/SF
NOI
$205.7K $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%
$4,114,680
Cap Rate 7%
$2,939,057
Cap Rate 9%
$2,285,933
Alternative Uses
Best Use
Office B
$2.94M
$2.57M – $3.43M
NOI $205,734 @ 7.0% cap · market cap 7.48%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.62M
$4.04M – $5.39M
NOI $323,345 @ 7.0% cap · market cap 11.76%
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
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
867
Businesses Nearby
Explore this area
Business Placement
Demographics for 89130, NV
34,212
Population
13,819
Households
2.5
Avg Household Size
42
Median Age
23%
College-Educated
91%
High-School Grad
7.7 sq mi
ZIP Area
4,443
Density / Sq Mi
$82,599
Median Household Income
$42,723
Median Earnings
$1,620
Median Rent
$391,300
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
Frequently Asked Questions
What type of property is this?
Office units - Two leased suites provide established office layouts with private rooms, work areas, and on-site parking.
Where is this office units located?
The property is located at 4325 N Rancho Dr Las Vegas, NV.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Two occupied office suites totaling approximately 13,368 SF; Suites 110‑120 and 150‑170 are currently occupied; Multiple enclosed offices and workspace areas in each suite
