Downtown Las Vegas Office
730 S Las Vegas Blvd Las Vegas, NV 89101
For Sale
Contact for pricing
Office condos for sale in downtown Las Vegas.
Property Size6,878 SF
Price / SF$245
Days on Market1255
Property Features for 730 S Las Vegas Blvd
General Information
- Standard status
- Active
- Size
- 6,878 SF
- Property subtype
- Office
Building Details
- Year Built
- 1963
Listing Agency:
IREPLV LLC
Listed By:
Mike Young · License #B.0146036.LLC
Source:
Crexi
Added: Feb 16, 2023
Changed: Jul 6
Last Checked: Jul 23 at 11:51AM
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 IREPLV LLC
Investment Insights
Based on property information with market context.
Located in the heart of downtown Las Vegas, the Office @ 730 S. Las Vegas Blvd is a 2-story office building with +40,342 sq. ft. The building is situated at the corner of Gass Avenue and Las Vegas Boulevard, offering accessibility to federal and municipal courthouses, the Medical District, Symphony Park, the Arts District, and Fremont Street. Office condos are available for sale on both the first and second floors. Available first-floor suites include Suite 101 with ±3,679 sq. ft., Suite 102 with ±2,817 sq. ft., Suite 103 with ±2,723 sq. ft., Suite 105 with ±3,259 sq. ft., and Suite 106 with ±3,619 sq. ft. Available second-floor suites include Suite 201 with ±3,662 sq. ft., Suite 202 with ±2,905 sq. ft., Suite 203 with ±2,702 sq. ft., Suite 204 with ±4,503 sq. ft., Suite 205 with ±2,954 sq. ft., and Suite 206 with ±3,742 sq. ft.
Key Highlights
- Office condos for sale in Downtown Las Vegas.
- Located in the heart of downtown at the corner of Gass Avenue and Las Vegas Boulevard.
- Accessibility to federal & municipal courthouses, the Medical District, Symphony Park, the Arts District, and Fremont Street.
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 | $165.1k | $24.00 |
| − Vacancy | −$23.9k | −$3.48 |
| EGI | $141.1k | $20.52 |
| − OpEx | −$35.3k | −$5.13 |
| NOI | $105.9k | $15.39 |
6,878 SF · lease $24.00/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.51M
$1.32M – $1.76M
NOI $105,852 @ 7.0% cap · market cap 6.28%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.38M
$2.08M – $2.77M
NOI $166,365 @ 7.0% cap · market cap 9.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Gallian Welker & Associates, ...
Law Firm
Kalma Events LLC
Party Supply Store
The White Space LV
(Bike/Boat/Book/etc) Store
Jeremiah Program | LasVegas
Charitable Organization
FAQs
What type of property is this?
Office units - Office condos for sale in downtown Las Vegas.
Where is this office units located?
The property is located at 730 S Las Vegas Blvd Las Vegas, NV.
What is the asking price?
The asking price for this property is $1,685,110.
What are key features of this property?
This property features: Office condos for sale in Downtown Las Vegas.; Located in the heart of downtown at the corner of Gass Avenue and Las Vegas Boulevard.; Accessibility to federal & municipal courthouses, the Medical District, Symphony Park, the Arts District, and Fremont Street.
