Office Condo Suite with
7229 West Sahara Avenue Las Vegas, NV 89117
7229 West Sahara Avenue, Las Vegas, NV, 89117
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For Sale
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Suite 120 is a 1,250 SF office condo with office, conference room, open work areas, and break room.
Property Size1,250 SF
Price / SF$350
Days on Market25
Property Features for 7229 West Sahara Avenue
General Information
- Standard status
- Active
- Size
- 1,250 SF
- Property subtype
- Office
Building Details
- Year Built
- 2007
Listing agency
MDL Group
(702) 388-1800
Listed by
Hayim Mizrachi, SIOR, CCIM · License #NV 143643
Source
Crexi
Added: Jun 29 Updated: Jul 22 at 6:47PM Checked: Jul 22 at 6:47PM
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 MDL Group
Investment Insights
Based on property information with market context.
Suite 120 is a ±1,250 SF office condo located within a Class B office complex developed in 2007. The suite is laid out to maximize usable space and includes an office, conference room, two open work areas, a break room, and a restroom.
The building is part of Stone Canyon Professional Park, a professional office and medical office condominium development positioned along West Sahara Avenue. The property offers both surface and covered parking, landscaped common areas, and visibility and accessibility for professional and administrative users.
For tenants or buyers seeking a turn-key, professionally maintained office suite, this space provides a mix of private and collaborative areas within a dedicated office/medical condominium setting.
The building is part of Stone Canyon Professional Park, a professional office and medical office condominium development positioned along West Sahara Avenue. The property offers both surface and covered parking, landscaped common areas, and visibility and accessibility for professional and administrative users.
For tenants or buyers seeking a turn-key, professionally maintained office suite, this space provides a mix of private and collaborative areas within a dedicated office/medical condominium setting.
Key Highlights
- 1,250 SF office condo (Suite 120) built in 2007
- Suite layout includes an office, conference room, 2 open work areas, break room, and restroom
- Located in Stone Canyon Professional Park, an office and medical office condominium development
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 | $30.0k | $24.00 |
| − Vacancy | −$4.4k | −$3.48 |
| EGI | $25.7k | $20.52 |
| − OpEx | −$6.4k | −$5.13 |
| NOI | $19.2k | $15.39 |
1,250 SF · lease $24.00/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$274.8K
$240.5K – $320.6K
NOI $19,238 @ 7.0% cap · market cap 4.40%
Second Best
Healthcare Medical
$236.6K
$207.0K – $276.0K
NOI $16,560 @ 7.0% cap · market cap 3.79%
Theoretical Best
Specialty Retail
$431.9K
$377.9K – $503.9K
NOI $30,235 @ 7.0% cap · market cap 6.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Robert A. Donatelli, PT
Physician
Las Vegas TurnKey ...
Real Estate Agent
IZ design studio
Interior Design
Atm
Atm
Modern Athletic Science
Medical Clinic
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FAQs
What type of property is this?
Office units - Suite 120 is a 1,250 SF office condo with office, conference room, open work areas, and break room.
Where is this office units located?
The property is located at 7229 West Sahara Avenue Las Vegas, NV.
What is the asking price?
The asking price for this property is $437,500.
What are key features of this property?
This property features: 1,250 SF office condo (Suite 120) built in 2007; Suite layout includes an office, conference room, 2 open work areas, break room, and restroom; Located in Stone Canyon Professional Park, an office and medical office condominium development
