Turn-Key Office Space
717 South 8th Street Las Vegas, NV 89101
717 South 8th Street, Las Vegas, NV, 89101
Contact for pricing
For Sale
Contact for pricing
Turn-key office space near the Courthouse with parking.
Property Size1,582 SF
Price / SF$275.28
Days on Market58
Property Features for 717 South 8th Street
General Information
- Standard status
- Active
- Size
- 1,582 SF
- Property subtype
- Office
Listing Agency
LOGIC Commercial Real Estate
Listed by
Adrian Pak · License #NV 0200217
Source
Crexi
Added: May 21 Checked: Jul 16 at 11:04 am
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 LOGIC Commercial Real Estate
Investment Insights
Based on property information with market context.
This commercial real estate is located on Lawyer's Row, placing it within minutes of the Courthouse. The property offers quality, turn-key office space with parking available in the rear. There is an opportunity to expand the parking area. Furniture is available. The property is zoned P-R and has no association fees or restrictions. The property size is 1582 square feet.
Key Highlights
- Minutes from the Courthouse - a prime location for legal professionals.
- No Association Fees or Restrictions.
- Quality turn‑key office space.
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 | $38.0k | $24.00 |
| − Vacancy | −$5.5k | −$3.48 |
| EGI | $32.5k | $20.52 |
| − OpEx | −$8.1k | −$5.13 |
| NOI | $24.3k | $15.39 |
1,582 SF · lease $24.00/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$347.8K
$304.3K – $405.8K
NOI $24,347 @ 7.0% cap · market cap 5.59%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$546.6K
$478.3K – $637.8K
NOI $38,265 @ 7.0% cap · market cap 8.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Clark County Bar ...
Charitable Organization
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Turn-key office space near the Courthouse with parking.
Where is this office units located?
The property is located at 717 South 8th Street Las Vegas, NV.
What is the asking price?
The asking price for this property is $435,500.
What are key features of this property?
This property features: Minutes from the Courthouse - a prime location for legal professionals.; No Association Fees or Restrictions.; Quality turn‑key office space.
