Freestanding Office Building with
6882 Edna Ave, Las Vegas, NV 89146
For Sale
Contact for pricing
Freestanding office building with reception, conference room, multiple private offices, and gated rear parking.
Property Size2,925 SF
Price / SF$350.43
Days on Market162
Property Features for 6882 Edna Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Additional Details
Business Included
Amenities
private putting green
solar energy system
fiber internet
full kitchen
conference room
Building Details
Year Built
Listing Agency:
Commercial Executives Real Estate Services
(702) 316-4500
Listed By:
Bobbi Miracle
(702) 528-9132
Source:
Moodyscre
Added: Jun 1
Changed: Nov 2
Last Checked: Nov 8 at 8:07AM
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 Commercial Executives Real Estate Services
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Investment Insights
Based on property information with market context.
A freestanding office building offering an efficient layout with a welcoming reception and waiting area, a conference room, four private offices, and three restrooms including a private restroom within the executive office. The space also includes a full kitchen with stove, open-beam ceilings, and interior renovations that have been completed over time. Recent upgrades include new HVAC units installed in 2021.
The property is positioned along the highly traveled Rainbow Boulevard corridor, with convenient access to Summerlin, Spring Valley, Downtown Las Vegas, and the Resort Corridor. It includes a secure gated rear parking area with four covered spaces and eight additional uncovered parking spaces at the front of the building. An owned solar energy system will convey with the sale, and the property is serviced by fiber internet.
Originally constructed in 1977 and converted to commercial use with CP (Commercial Professional) zoning in Clark County, the building has been well maintained and includes a private putting green on-site.
The property is positioned along the highly traveled Rainbow Boulevard corridor, with convenient access to Summerlin, Spring Valley, Downtown Las Vegas, and the Resort Corridor. It includes a secure gated rear parking area with four covered spaces and eight additional uncovered parking spaces at the front of the building. An owned solar energy system will convey with the sale, and the property is serviced by fiber internet.
Originally constructed in 1977 and converted to commercial use with CP (Commercial Professional) zoning in Clark County, the building has been well maintained and includes a private putting green on-site.
Key Highlights
- ±2,925 SF freestanding office building on the Rainbow Boulevard corridor in Las Vegas
- CP (Commercial Professional) zoning in Clark County; originally constructed in 1977 and converted to commercial use
- 2021 upgrades include new HVAC units and interior renovations; open‑beam ceilings in the office interior
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,016
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$900,320
$900.3K
Cap Rate 7%
$643,086
$643.1K
Cap Rate 9%
$500,178
$500.2K
Market Conditions
NOI Build-Up for 2,925 SF
Gross rent
$70.2K $24.00/SF
− Vacancy
−$10.2K −$3.48/SF
EGI
$60.0K $20.52/SF
− OpEx
−$15.0K −$5.13/SF
NOI
$45.0K $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%
$900,320
Cap Rate 7%
$643,086
Cap Rate 9%
$500,178
Alternative Uses
Best Use
Office B
$643.1K
$562.7K – $750.3K
NOI $45,016 @ 7.0% cap · market cap 4.39%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.01M
$884.4K – $1.18M
NOI $70,750 @ 7.0% cap · market cap 6.90%
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
1,466
Businesses Nearby
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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
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Market
Properties on Market for Office buildings in Las Vegas
Vacancy Rate% for Office in Las Vegas, NV
Frequently Asked Questions
What type of property is this?
Office building - Freestanding office building with reception, conference room, multiple private offices, and gated rear parking.
Where is this office building located?
The property is located at 6882 Edna Ave Las Vegas, NV.
What is the asking price?
The asking price for this property is $1,025,000.
What are key features of this property?
This property features: ±2,925 SF freestanding office building on the Rainbow Boulevard corridor in Las Vegas; CP (Commercial Professional) zoning in Clark County; originally constructed in 1977 and converted to commercial use; 2021 upgrades include new HVAC units and interior renovations; open‑beam ceilings in the office interior
