Office Condominium
For Sale
Contact for pricing
6140 Brent Thurman Way, Las Vegas, NV 89148
Professional office condominium with covered parking and convenient access to I-215 and Sunset Road.
Property Size4,500 SF
Price / SF$475
Days on Market8
Property Features for 6140 Brent Thurman Way
General Information
Standard status
Active
Size
4,500 SF
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Office Units
1
Building Details
Parking Ratio
5 per 1,000 SF
Listing Agency:
Millennium Commercial Properties LLC
Listed By:
jeff chain · License #B26141
Source:
Crexi
Added: Jul 30
Changed: Aug 3
Last Checked: Aug 5 at 4:02PM
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 Millennium Commercial Properties LLC
Investment Insights
Based on property information with market context.
This office condominium measures 4,500 SF within a two-building office project totaling 74,010 SF. The property offers newer second-generation construction, immediate availability, and a layout suited to professional, medical, or corporate occupancy. Building signage opportunities, covered parking, and customer-oriented entry features support day-to-day business operations.
The property is located on Brent Thurman Way in Southwest Las Vegas, with access to I-215 and Sunset Road. Spring Valley Hospital, Durango Casino & Resort, UnCommons, IKEA, and a broad selection of dining, retail, medical, and service businesses are identified in the surrounding area.
Additional project offerings range from approximately 2,000 SF suites to full-floor spaces of 37,005 SF, with parking provided at 5:1000.
The property is located on Brent Thurman Way in Southwest Las Vegas, with access to I-215 and Sunset Road. Spring Valley Hospital, Durango Casino & Resort, UnCommons, IKEA, and a broad selection of dining, retail, medical, and service businesses are identified in the surrounding area.
Additional project offerings range from approximately 2,000 SF suites to full-floor spaces of 37,005 SF, with parking provided at 5:1000.
Key Highlights
- 4,500 SF office condominium suite
- Part of a two‑building, 74,010 SF office project
- Newer second‑generation office construction
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 | $108.0k | $24.00 |
| − Vacancy | −$15.7k | −$3.48 |
| EGI | $92.3k | $20.52 |
| − OpEx | −$23.1k | −$5.13 |
| NOI | $69.3k | $15.39 |
4,500 SF · lease $24.00/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$989.4K
$865.7K – $1.15M
NOI $69,255 @ 7.0% cap · market cap 3.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.35M
$1.18M – $1.57M
NOI $94,176 @ 7.0% cap · market cap 4.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
725
Businesses Nearby
Explore this area
Business Placement
Demographics for 89148, NV
61,281
Population
25,232
Households
2.4
Avg Household Size
36
Median Age
37%
College-Educated
93%
High-School Grad
9.7 sq mi
ZIP Area
6,318
Density / Sq Mi
$94,926
Median Household Income
$47,441
Median Earnings
$1,920
Median Rent
$443,600
Median Home Value
Market
Vacancy Rate% for Office in Las Vegas, NV
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Professional office condominium with covered parking and convenient access to I-215 and Sunset Road.
Where is this office units located?
The property is located at 6140 Brent Thurman Way Las Vegas, NV.
What is the asking price?
The asking price for this property is $2,137,500.
What are key features of this property?
This property features: 4,500 SF office condominium suite; Part of a two‑building, 74,010 SF office project; Newer second‑generation office construction
