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Downtown Las Vegas Office Building
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530 S 6th St, Las Vegas, NV

8,000 SF office building in Downtown Las Vegas.

Property Size8,000 SF
Lot Size0.32 Acres
Price / SF$456.25
Days on Market318

Property Features for 530 S 6th St

General Information

Standard status Active
Size 8,000 SF
Lot size 0.32 Acres
Property subtype OFFICE
Listing Agency: Hatrak Commercial
Listed By: Rob Hatrak · License #B.144920,PM.168447.BKR
Source: Moodyscre
Added: Nov 25, 2025 Changed: Oct 2 Last Checked: Oct 7 at 2:16PM

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.

The property at 530 S 6th Street is an approximately 8,000 square foot office building situated in Downtown Las Vegas, specifically at the corner of East Bonneville Avenue and South 6th Street. Its location provides access to US-95 and I-15, UMC & Valley Hospitals, the Regional Justice Center and Federal Courthouses, the new Supreme Court building, and Harry Reid International Airport, which is 7 miles away. The property is situated on approximately 0.31 acres and includes a private rear parking lot with 20 covered parking spaces. The building features cinder block construction and automatic metal rolling security shutters over every window and entrance. The building has been recently remodeled and is 100% occupied with 7 years remaining on the tenant’s initial lease term.

Key Highlights

  • 100% occupied with 7 years remaining on the tenant’s initial lease term, providing immediate and stable income.
  • Prime Downtown Las Vegas location with easy access to major transportation routes.
  • Rare amenity of 20 covered parking spaces in a private rear lot.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$123,120
Cap Rate
3.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,462,400 $2.5M
Cap Rate 7%
$1,758,857 $1.8M
Cap Rate 9%
$1,368,000 $1.4M
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$192.0K $24.00/SF
− Vacancy
−$27.8K −$3.48/SF
EGI
$164.2K $20.52/SF
− OpEx
−$41.0K −$5.13/SF
NOI
$123.1K $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%
$2,462,400
Cap Rate 7%
$1,758,857
Cap Rate 9%
$1,368,000

Alternative Uses

Best Use
Office B
$1.76M
$1.54M – $2.05M (±1% cap)
NOI $123,120 @ 7.0% cap · market cap 3.37%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.76M
$2.42M – $3.23M (±1% cap)
NOI $193,504 @ 7.0% cap · market cap 5.30%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Sierra Sage Recovery ... Medical Clinic

Suggested Use

Top Pick Pet Grooming Service Veterinary Clinic (Bike/Boat/Book/etc) Store Nursing Home Butcher Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,234
Businesses Nearby
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

13.3% 2019
13% 2020
11.7% 2021
13.3% 2022
13.8% 2023
14.1% 2024
13% 2025
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Frequently Asked Questions

What type of property is this?
Office building - 8,000 SF office building in Downtown Las Vegas.
Where is this office building located?
The property is located at 530 S 6th St Las Vegas, NV.
What is the asking price?
The asking price for this property is $3,650,000.
What are key features of this property?
This property features: 100% occupied with 7 years remaining on the tenant’s initial lease term, providing immediate and stable income.; Prime Downtown Las Vegas location with easy access to major transportation routes.; Rare amenity of 20 covered parking spaces in a private rear lot.
(702) 271-3520 Call to check price and availability
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