Office Condominium
For Sale
Contact for pricing
6140 Brent Thurman Way, Las Vegas, NV 89148
Professional office ownership opportunity with building signage, covered parking, and access to nearby retail, dining, medical, and hospitality services.
Property Size74,010 SF
Price / SF$475
Days on Market8
Property Features for 6140 Brent Thurman Way
General Information
Standard status
Active
Size
74,010 SF
Property subtype
Office
Additional Details
Highway Access
Yes
Building Details
Buildings
2
Building Size
74,010 SF
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 8:01AM
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 3,500 SF office condominium suite is part of a two-building professional office campus totaling 74,010 SF. Each building contains 37,005 SF, with suites ranging from approximately 2,000 SF to full-floor opportunities. The property is available immediately and includes building signage opportunities, covered parking options, and customer-oriented circulation.
Located on Brent Thurman Way in Las Vegas, the campus offers access to I-215 and Sunset Road. The surrounding area includes IKEA, Durango Casino & Resort, UnCommons, Southern Hills Hospital, restaurants, and service providers. The offering is positioned for owner-users or investors seeking office ownership within an established professional setting.
Located on Brent Thurman Way in Las Vegas, the campus offers access to I-215 and Sunset Road. The surrounding area includes IKEA, Durango Casino & Resort, UnCommons, Southern Hills Hospital, restaurants, and service providers. The offering is positioned for owner-users or investors seeking office ownership within an established professional setting.
Key Highlights
- 3,500 SF office condominium suite
- Two‑building office campus totals 74,010 SF
- Each building contains 37,005 SF
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 | $84.0k | $24.00 |
| − Vacancy | −$12.2k | −$3.48 |
| EGI | $71.8k | $20.52 |
| − OpEx | −$18.0k | −$5.13 |
| NOI | $53.9k | $15.39 |
3,500 SF · lease $24.00/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$769.5K
$673.3K – $897.8K
NOI $53,865 @ 7.0% cap · market cap 3.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.05M
$915.6K – $1.22M
NOI $73,248 @ 7.0% cap · market cap 4.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway 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 ownership opportunity with building signage, covered parking, and access to nearby retail, dining, medical, and hospitality services.
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 $1,662,500.
What are key features of this property?
This property features: 3,500 SF office condominium suite; Two‑building office campus totals 74,010 SF; Each building contains 37,005 SF
