Office Condominium
For Sale
Contact for pricing
6140 Brent Thurman Way, Las Vegas, NV 89148
Approximately 2,500 square feet with covered parking, building signage, and access to I-215 and Sunset Road.
Property Size2,500 SF
Price / SF$475
Days on Market8
Property Features for 6140 Brent Thurman Way
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
available building signage
Building Details
Buildings
2
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 2:01PM
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 suite encompasses approximately 2,500 square feet within a two-building office project totaling 74,010 SF. The property offers suite configurations from approximately 2,000 SF to full-floor opportunities of 37,005 SF per building, providing flexibility for different occupancy requirements. Building signage is available, and parking is provided at a ratio of 5:1,000, including covered spaces.
The property is located on Brent Thurman Way in the Las Vegas Southwest submarket, with access to I-215 and Sunset Road. The surrounding area includes dining, retail, medical, and hospitality amenities, including UnCommons, Durango Casino & Resort, IKEA, Southern Hills Hospital, and a range of restaurants and service providers. The combination of office space, parking, signage, and nearby amenities supports both employee access and visitor convenience.
The property is located on Brent Thurman Way in the Las Vegas Southwest submarket, with access to I-215 and Sunset Road. The surrounding area includes dining, retail, medical, and hospitality amenities, including UnCommons, Durango Casino & Resort, IKEA, Southern Hills Hospital, and a range of restaurants and service providers. The combination of office space, parking, signage, and nearby amenities supports both employee access and visitor convenience.
Key Highlights
- Approximately 2,500 SF office condominium suite
- Two‑building office project totals 74,010 SF
- Suite options range from approximately 2,000 SF to 37,005 SF per building
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 | $60.0k | $24.00 |
| − Vacancy | −$8.7k | −$3.48 |
| EGI | $51.3k | $20.52 |
| − OpEx | −$12.8k | −$5.13 |
| NOI | $38.5k | $15.39 |
2,500 SF · lease $24.00/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$549.6K
$480.9K – $641.3K
NOI $38,475 @ 7.0% cap · market cap 3.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$747.4K
$654.0K – $872.0K
NOI $52,320 @ 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
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 - Approximately 2,500 square feet with covered parking, building signage, and 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 $1,187,500.
What are key features of this property?
This property features: Approximately 2,500 SF office condominium suite; Two‑building office project totals 74,010 SF; Suite options range from approximately 2,000 SF to 37,005 SF per building
