Downtown Las Vegas Office
714 S 4th St, Las Vegas, NV 89101
Prime office building in downtown Las Vegas with covered parking.
Type:Office
Property size:
7,496 SFPrice / SF:
$306/SF- Added:
- Mar 9, 2026
- Days on Market:
- 122
- Last Refresh:
- Jun 26 at 11:00 am
Property Features for 714 S 4th St
General Information
- Standard status
- Active
- Size
- 7,496 SF
- Property subtype
- Office
Building Details
- Year Built
- 1970
Listing office Northcap Commercial
Listing date Mar 9, 2026
Source Crexi
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 Northcap Commercial
HighLights
- Prime downtown Las Vegas location on 4th Street with high utilization potential.
- Suitable for single or dual tenant occupancy, offering flexibility for various professional office uses.
- Secure, covered parking, a valuable amenity in the downtown area.
- Close proximity to key governmental agencies, courthouses, and support systems.
- Located in a growing area with access to public transportation and freeways (I‑11 and I‑15).
- Features include a fenced lot, conferencing facility, reception area, storage space, and security system.
Overview
Located in downtown Las Vegas, the property at 714 South 4th Street is a professional office building suitable for single or dual tenants. It features secure covered parking and frontage on a primary downtown street. The building is near the Regional Justice Center, Supreme Court of Nevada, Las Vegas Municipal Court System, City of Las Vegas Government building, Clark County Detention Center, and Clark County Government Building. Downtown Las Vegas is known for gaming, hospitality, tourism, and sites like the Fremont Street Experience. The property is located near redevelopment projects, start-up projects, public transportation, NDOT projects, and access to I-11 and I-15. The property includes a fenced lot, conferencing facility, reception area, storage space, and a security system. The building offers possibilities for a wide range of uses. The property contains 7496 square feet.
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 | $179.9k | $24.00 |
| − Vacancy | −$26.1k | −$3.48 |
| EGI | $153.8k | $20.52 |
| − OpEx | −$38.5k | −$5.13 |
| NOI | $115.4k | $15.39 |
7,496 SF · lease $24.00/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.65M
$1.44M – $1.92M
NOI $115,363 @ 7.0% cap · market cap 5.02%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.59M
$2.27M – $3.02M
NOI $181,313 @ 7.0% cap · market cap 7.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
All World Ventures ...
Business Administration Service
Frequency Entertainment, LLC
Theater & Performing Art Venue
Las Vegas Discount ...
Home Inspector
Knudsen Design Studio
Interior Design
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.1468962
- Latitude
- 36.1624466
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Prime office building in downtown Las Vegas with covered parking.
Where is this office building located?
The property is located at 714 S 4th St Las Vegas, NV.
What is the asking price?
The asking price for this property is $2,299,000.
What are key features of this property?
This property features: Prime downtown Las Vegas location on 4th Street with high utilization potential.; Suitable for single or dual tenant occupancy, offering flexibility for various professional office uses.; Secure, covered parking, a valuable amenity in the downtown area.
