Las Vegas Office Building For
For Sale
$1,995,000
6212 West Charleston Boulevard, Las Vegas, NV 89146
Office building with 11,672 square feet of space.
Property Size11,672 SF
Price / SF$170.92
Days on Market209
Property Features for 6212 West Charleston Boulevard
General Information
Standard status
Active
Size
11,672 SF
Class
B
Property subtype
Office
Building Details
Building Size
11,672 SF
Year Built
1985
Listing Agency:
SVN | The Equity Group
Listed By:
Paul Chaffee, CCIM · License #NV #BS.1000874.LLC
(702) 218-8404
Source:
Svn
Added: Mar 26
Changed: Oct 14
Last Checked: Oct 19 at 5:46AM
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 SVN | The Equity Group
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Investment Insights
Based on property information with market context.
This commercial real estate property is an office building with a total size of 11,672 square feet. More details will be available soon in the brochure.
Key Highlights
- Year Built: 1985
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$179,632
Cap Rate
9.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,592,640
$3.6M
Cap Rate 7%
$2,566,171
$2.6M
Cap Rate 9%
$1,995,911
$2.0M
Market Conditions
NOI Build-Up for 11,672 SF
Gross rent
$280.1K $24.00/SF
− Vacancy
−$40.6K −$3.48/SF
EGI
$239.5K $20.52/SF
− OpEx
−$59.9K −$5.13/SF
NOI
$179.6K $15.39/SF
Area
Las Vegas, NV
Vacancy
14.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,592,640
Cap Rate 7%
$2,566,171
Cap Rate 9%
$1,995,911
Alternative Uses
Best Use
Office B
$2.57M
$2.25M – $2.99M
NOI $179,632 @ 7.0% cap · market cap 9.00%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.03M
$3.53M – $4.71M
NOI $282,322 @ 7.0% cap · market cap 14.15%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
983
Businesses Nearby
Explore this area
Business Placement
Demographics for 89146, NV
19,777
Population
8,385
Households
2.4
Avg Household Size
40
Median Age
25%
College-Educated
86%
High-School Grad
4.8 sq mi
ZIP Area
4,120
Density / Sq Mi
$64,330
Median Household Income
$38,121
Median Earnings
$1,407
Median Rent
$432,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Las Vegas, NV
Frequently Asked Questions
What type of property is this?
Office building - Office building with 11,672 square feet of space.
Where is this office building located?
The property is located at 6212 West Charleston Boulevard Las Vegas, NV.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Year Built: 1985
