Office Units with Covered
For Sale
Contact for pricing
6140 Brent Thurman Way, Las Vegas, NV 89148
Office condominium space offers immediate availability, flexible workspace potential, and access to covered parking and building signage opportunities.
Property Size13,551 SF
Price / SF$475
Days on Market8
Property Features for 6140 Brent Thurman Way
General Information
Standard status
Active
Size
13,551 SF
Property subtype
Office
Additional Details
Highway Access
Yes
Amenities
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 4
Last Checked: Aug 6 at 6:24AM
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 offering provides 13,551 SF of second-generation office space in Southwest Las Vegas. The property includes office improvements suited to businesses seeking an established workspace, with opportunities for customization and prominent building signage based on unit size. Covered parking is available, along with parking at a 5:1,000 ratio.
The property is positioned near I-215 and Sunset, providing regional access within the Southwest Las Vegas submarket. Surrounding amenities include IKEA, Durango Casino & Resort, UnCommons, Southern Hills Hospital, and a range of medical, retail, dining, hospitality, and service offerings. The space is available immediately for an owner-user or investor seeking office condominium ownership.
The property is positioned near I-215 and Sunset, providing regional access within the Southwest Las Vegas submarket. Surrounding amenities include IKEA, Durango Casino & Resort, UnCommons, Southern Hills Hospital, and a range of medical, retail, dining, hospitality, and service offerings. The space is available immediately for an owner-user or investor seeking office condominium ownership.
Key Highlights
- 13,551 SF of second‑generation office condominium space
- Immediate availability for office use
- Covered parking options available
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 | $325.2k | $24.00 |
| − Vacancy | −$47.2k | −$3.48 |
| EGI | $278.1k | $20.52 |
| − OpEx | −$69.5k | −$5.13 |
| NOI | $208.5k | $15.39 |
13,551 SF · lease $24.00/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.98M
$2.61M – $3.48M
NOI $208,550 @ 7.0% cap · market cap 3.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.05M
$3.54M – $4.73M
NOI $283,595 @ 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 - Office condominium space offers immediate availability, flexible workspace potential, and access to covered parking and building signage opportunities.
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 $6,436,725.
What are key features of this property?
This property features: 13,551 SF of second‑generation office condominium space; Immediate availability for office use; Covered parking options available
