Four-Unit Office
For Sale
Contact for pricing
5868 S Pecos Rd, Las Vegas, NV 89120
A four-unit office building with 5,750 SF, built in 1998, currently 76% occupied and zoned C-P County.
Property Size5,750 SF
Price / SF$208.52
Days on Market496
Property Features for 5868 S Pecos Rd
General Information
Standard status
Active
Size
5,750 SF
Property subtype
OFFICE
Zoning
C-P County
Occupancy
76%
Additional Details
Office Units
4
Building Details
Year Built
1998
Buildings
1
Building Size
5,750 SF
Tenancy
Multi
Listing Agency:
Coldwell Banker Commercial | Premier Realty
(702) 829-5042
Listed By:
Lance Hamrick · License #S.71654
Source:
Moodyscre
Added: Mar 24, 2025
Changed: Jul 30
Last Checked: Aug 1 at 10:22AM
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 Coldwell Banker Commercial | Premier Realty
Investment Insights
Based on property information with market context.
This four-unit office building totals 5,750 SF and was constructed in 1998. The property is currently 76% occupied and is configured as four office units, offering an investor or operator a multi-tenant setup within a single building.
Located at 5868 S Pecos Rd in Las Vegas, NV 89120, the building is zoned C-P County. Its office-unit design supports a range of office tenancy needs consistent with the property’s existing configuration.
With four units and an in-place occupancy of 76%, the building provides a straightforward platform for managing multiple office spaces under one ownership structure.
Located at 5868 S Pecos Rd in Las Vegas, NV 89120, the building is zoned C-P County. Its office-unit design supports a range of office tenancy needs consistent with the property’s existing configuration.
With four units and an in-place occupancy of 76%, the building provides a straightforward platform for managing multiple office spaces under one ownership structure.
Key Highlights
- 4 office units within a 5,750 SF office building
- Built in 1998
- Currently 76% occupied
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 | $138.0k | $24.00 |
| − Vacancy | −$20.0k | −$3.48 |
| EGI | $118.0k | $20.52 |
| − OpEx | −$29.5k | −$5.13 |
| NOI | $88.5k | $15.39 |
5,750 SF · lease $24.00/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.26M
$1.11M – $1.47M
NOI $88,493 @ 7.0% cap · market cap 7.38%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.99M
$1.74M – $2.32M
NOI $139,081 @ 7.0% cap · market cap 11.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Office units
76%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
895
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Office in Las Vegas, NV
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - A four-unit office building with 5,750 SF, built in 1998, currently 76% occupied and zoned C-P County.
Where is this office units located?
The property is located at 5868 S Pecos Rd Las Vegas, NV.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: 4 office units within a 5,750 SF office building; Built in 1998; Currently 76% occupied
