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One-Story Office Condo with Bullpen
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6745 S Eastern Avenue Unit 2, Las Vegas, NV 89119

Renovated one-story office condo features an open bullpen, modern break room, and an ADA bathroom.

Property Size3,200 SF
Price / SF$343.44
Days on Market191

Property Features for 6745 S Eastern Avenue Unit 2

General Information

Standard status Active
Size 3,200 SF
Total Parking Spaces 5
Property subtype Industrial
Zoning Industrial Park (IP)
Investment Type Owner/User

Additional Details

Highway Access Yes

Amenities

open bullpen area
ADA bathroom
modern break room
natural light
modern flair

Building Details

Year Built 2007
Year Renovated 2022
Stories 1
Listing Agency: North American Commercial
Listed By: Anthony Battisti · License #S.0200033
Source: Crexi
Added: Apr 12 Changed: Oct 4 Last Checked: Oct 19 at 6:57AM

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 North American Commercial

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Investment Insights

Based on property information with market context.

This beautifully renovated, one-story office condo includes a large open bullpen area, a modern break room, and one ADA bathroom. The space has windows throughout to bring in natural light, supporting a bright, functional work environment.

The property is located just south of Sunset and Eastern Ave in the Las Vegas Valley, with easy access to I-15 and I-215. It is less than a mile from McCarran International Airport and also provides proximity to the Las Vegas Strip.

As an office condo configuration, the layout centers on an open bullpen plan with dedicated support space for break needs and ADA-accessible restroom facilities.

Key Highlights

  • Renovated one‑story office condo with a large open bullpen area
  • 1 ADA bathroom
  • Modern break room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$49,248
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$984,960 $985.0K
Cap Rate 7%
$703,543 $703.5K
Cap Rate 9%
$547,200 $547.2K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$76.8K $24.00/SF
− Vacancy
−$11.1K −$3.48/SF
EGI
$65.7K $20.52/SF
− OpEx
−$16.4K −$5.13/SF
NOI
$49.2K $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%
$984,960
Cap Rate 7%
$703,543
Cap Rate 9%
$547,200

Alternative Uses

Best Use
Office B
$703.5K
$615.6K – $820.8K (±1% cap)
NOI $49,248 @ 7.0% cap · market cap 4.48%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.11M
$967.5K – $1.29M (±1% cap)
NOI $77,401 @ 7.0% cap · market cap 7.04%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Imprint Events Group Marketing & Advertising GardaWorld Security Service Wolverine Fire Protection ... Production Facility RockMarbleGranite Building Supply Imprint Events Group ... Marketing & Advertising

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Butcher Daycare Center Restaurant Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,668
Businesses Nearby

Demographics for 89119, NV

48,895
Population
24,756
Households
2
Avg Household Size
36
Median Age
20%
College-Educated
84%
High-School Grad
12.9 sq mi
ZIP Area
3,790
Density / Sq Mi
$46,472
Median Household Income
$32,590
Median Earnings
$1,184
Median Rent
$301,000
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

13.3% 2019
13% 2020
11.7% 2021
13.3% 2022
13.8% 2023
14.1% 2024
13% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Renovated one-story office condo features an open bullpen, modern break room, and an ADA bathroom.
Where is this office unit located?
The property is located at 6745 S Eastern Avenue Unit 2 Las Vegas, NV.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Renovated one‑story office condo with a large open bullpen area; 1 ADA bathroom; Modern break room
More about this property
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