701 N Green Valley Pkwy Henderson, NV 89074
Two-story office building with a multi-tenant first floor and an executive suite configuration on the second floor.
Property Features for 701 N Green Valley Pkwy
General Information
- Standard status
- Active
- Size
- 50,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 1998
Listing office JLL - Las Vegas, Nevada
Listing date Jul 9, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of JLL - Las Vegas, Nevada
Investment Insights
Based on property information with market context.
Located in the master planned community of Green Valley, the property is less than 1/4 mile from Green Valley Ranch Resort + Casino and The District at Green Valley Ranch. Las Vegas/Henderson area access includes approximately 7 miles to Harry Reid International Airport, supporting regional connectivity for business tenants.
For buyers, the combination of an in-place multi-tenant first floor and an executive suite configuration on the second level offers a practical range of office operating possibilities within a single two-story asset.
Key Highlights
- Two‑story office building built in 1998
- First floor is configured as a multi‑tenant floor
- Second floor is set up for an executive suite operator
Local 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 | $1.33M | $26.52 |
| − Vacancy | −$232.0k | −$4.64 |
| EGI | $1.09M | $21.88 |
| − OpEx | −$273.5k | −$5.47 |
| NOI | $820.5k | $16.41 |
