Renovated Furnished Office
For Sale
Contact for pricing
5844 S PECOS RD, Las Vegas, NV 89120
Single-story professional office with flexible rooms, shared work areas, and furnishings included.
Property Size5,470 SF
Price / SF$246.80
Days on Market52
Property Features for 5844 S PECOS RD
General Information
Standard status
Active
Size
5,470 SF
Property subtype
Office
Additional Details
Furnished
Yes
Office Units
15
Amenities
kitchen/break area
employee lounge/game room
conference room
HEPA filtration
UV-light technology
smart thermostats
decorative interior fountains
storage room
mailbox configuration
flat screen TVs
security cameras
Building Details
Year Built
1998
Buildings
1
Stories
1
Building Size
5,470 SF
Listing Agency:
KW Commercial
Listed By:
Blake Leavitt · License #BS.0145665.LLC
Source:
Crexi
Added: Sep 10
Changed: Oct 25
Last Checked: Oct 30 at 2:20PM
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 KW Commercial
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Investment Insights
Based on property information with market context.
Located at 5844 S Pecos Rd in Las Vegas, this renovated single-story office property offers a flexible layout for multiple departments or business operations. The 5,470 SF building includes 15 designated office suites, additional enclosed private rooms, two workstation areas with 11 cubicles, a conference room, kitchen and break area, lounge and game room, and a waiting area near the main foyer. Two restrooms, three closets, a dedicated storage room, five HVAC zones with smart thermostats, and abundant surface parking add practical functionality.
The property is approximately two miles from Harry Reid International Airport. Furnishings, equipment, and artwork remain throughout the building, along with five flat-screen TVs, a laser printer, Wi-Fi and routing infrastructure, integrated Bluetooth-compatible speakers, and security camera equipment. Individual digital locks and physical keys serve each suite and enclosed private room, while a 12-mailbox setup outside the rear entrance supports executive suites, separate departments, or multiple business operations.
The property is approximately two miles from Harry Reid International Airport. Furnishings, equipment, and artwork remain throughout the building, along with five flat-screen TVs, a laser printer, Wi-Fi and routing infrastructure, integrated Bluetooth-compatible speakers, and security camera equipment. Individual digital locks and physical keys serve each suite and enclosed private room, while a 12-mailbox setup outside the rear entrance supports executive suites, separate departments, or multiple business operations.
Key Highlights
- 5,470 SF single‑story office building
- 15 designated office suites plus additional enclosed private rooms
- Two workstation areas with a total of 11 cubicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,183
Cap Rate
6.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,683,660
$1.7M
Cap Rate 7%
$1,202,614
$1.2M
Cap Rate 9%
$935,367
$935.4K
Market Conditions
NOI Build-Up for 5,470 SF
Gross rent
$131.3K $24.00/SF
− Vacancy
−$19.0K −$3.48/SF
EGI
$112.2K $20.52/SF
− OpEx
−$28.1K −$5.13/SF
NOI
$84.2K $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%
$1,683,660
Cap Rate 7%
$1,202,614
Cap Rate 9%
$935,367
Alternative Uses
Best Use
Office B
$1.20M
$1.05M – $1.40M
NOI $84,183 @ 7.0% cap · market cap 6.24%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.89M
$1.65M – $2.21M
NOI $132,308 @ 7.0% cap · market cap 9.80%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
15
Office units
Location Intelligence
Trade Area within ½ mile
1,657
Businesses Nearby
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Business Placement
Demographics for 89120, NV
24,813
Population
9,861
Households
2.5
Avg Household Size
40
Median Age
26%
College-Educated
88%
High-School Grad
7.1 sq mi
ZIP Area
3,495
Density / Sq Mi
$75,813
Median Household Income
$38,774
Median Earnings
$1,467
Median Rent
$364,800
Median Home Value
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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 - Single-story professional office with flexible rooms, shared work areas, and furnishings included.
Where is this office building located?
The property is located at 5844 S PECOS RD Las Vegas, NV.
What is the asking price?
The asking price for this property is $1,349,999.
What are key features of this property?
This property features: 5,470 SF single‑story office building; 15 designated office suites plus additional enclosed private rooms; Two workstation areas with a total of 11 cubicles
