Second-Generation Office Building with
For Sale
Contact for pricing
6960 Smoke Ranch Rd, Las Vegas, NV 89128
Built in 2008 and zoned C-PB, this office space offers prominent signage and convenient access to US-95.
Property Size18,000 SF
Price / SF$297.22
Days on Market95
Property Features for 6960 Smoke Ranch Rd
General Information
Standard status
Active
Size
18,000 SF
Elevators
Yes
Property subtype
OFFICE
Zoning
C-PB
Site & Location
Neighborhood
Las Vegas Technology Center
Highway Access
Yes
Amenities
Prominent Signage Available
Building Details
Year Built
2008
Parking Ratio
4 per 1,000 SF
Listing Agency:
Colliers | Las Vegas
(702) 735-5700
Listed By:
Grant Traub, SIOR · License #LICS.0039295
(702) 604-2059
Source:
Moodyscre
Added: Jul 22
Changed: Oct 23
Last Checked: Oct 23 at 7:23AM
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 Colliers | Las Vegas
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Investment Insights
Based on property information with market context.
Second-generation office space available for sale or lease, offering approximately two size options: +/- 8,868 SF and +/- 18,000 SF. The property is within a planned business park and includes HOA and elevator maintenance as part of the estimated operating expenses, along with property taxes, common area utilities, and insurance.
Built in 2008, the office space benefits from prominent signage availability and on-site parking with a 4.0 per 1,000 parking ratio. It is located in the Las Vegas jurisdiction and is within one mile of US-95 via Lake Mead Blvd. or Cheyenne Ave.
This is a practical option for users seeking office space in a C-PB planned business park setting with highway proximity and visibility through available signage.
Built in 2008, the office space benefits from prominent signage availability and on-site parking with a 4.0 per 1,000 parking ratio. It is located in the Las Vegas jurisdiction and is within one mile of US-95 via Lake Mead Blvd. or Cheyenne Ave.
This is a practical option for users seeking office space in a C-PB planned business park setting with highway proximity and visibility through available signage.
Key Highlights
- +/− 8,868 SF or +/− 18,000 SF office space available
- Planned Business Park (C‑PB) zoning
- Built in 2008
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$277,020
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,540,400
$5.5M
Cap Rate 7%
$3,957,429
$4.0M
Cap Rate 9%
$3,078,000
$3.1M
Market Conditions
NOI Build-Up for 18,000 SF
Gross rent
$432.0K $24.00/SF
− Vacancy
−$62.6K −$3.48/SF
EGI
$369.4K $20.52/SF
− OpEx
−$92.3K −$5.13/SF
NOI
$277.0K $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%
$5,540,400
Cap Rate 7%
$3,957,429
Cap Rate 9%
$3,078,000
Alternative Uses
Best Use
Office B
$3.96M
$3.46M – $4.62M
NOI $277,020 @ 7.0% cap · market cap 5.18%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.22M
$5.44M – $7.26M
NOI $435,383 @ 7.0% cap · market cap 8.14%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,032
Businesses Nearby
Explore this area
Business Placement
Demographics for 89128, NV
37,882
Population
16,840
Households
2.2
Avg Household Size
40
Median Age
31%
College-Educated
91%
High-School Grad
6.0 sq mi
ZIP Area
6,314
Density / Sq Mi
$70,641
Median Household Income
$41,581
Median Earnings
$1,621
Median Rent
$378,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Las Vegas, NV
Frequently Asked Questions
What type of property is this?
Office building - Built in 2008 and zoned C-PB, this office space offers prominent signage and convenient access to US-95.
Where is this office building located?
The property is located at 6960 Smoke Ranch Rd Las Vegas, NV.
What is the asking price?
The asking price for this property is $5,350,000.
What are key features of this property?
This property features: +/− 8,868 SF or +/− 18,000 SF office space available; Planned Business Park (C‑PB) zoning; Built in 2008
