Professional Office Condo
For Sale
Contact for pricing
7336 W Post Rd Ste 108, Las Vegas, NV 89113
Office condo suite with reception, private offices, conference space, and support areas within a maintained professional complex.
Property Size1,744 SF
Price / SF$372.71
Days on Market64
Property Features for 7336 W Post Rd Ste 108
General Information
Standard status
Active
Size
1,744 SF
Class
B
Property subtype
Office
Investment Type
Owner/User
Additional Details
Highway Access
Yes
Building Details
Year Built
2017
Stories
2
Units
1
Listing Agency:
IS Luxury
Listed By:
Chip Madsen · License #S.0073912
(702) 420-3332
Source:
Crexi
Added: Jul 8
Changed: Aug 16
Last Checked: Sep 8 at 4:03AM
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 IS Luxury
Investment Insights
Based on property information with market context.
This professional office condo suite is located within a maintained professional complex and is offered for sale. Suite 108 includes 1,744 square feet of well-designed office space with a welcoming reception area, private offices, conference space, and efficient support areas—an arrangement suited to a range of administrative and professional needs.
The property is positioned in the southwest Las Vegas corridor near the 215 Beltway and Rainbow Boulevard, with excellent access to the freeway. Surrounding retail, dining, and business services provide day-to-day convenience for employees and visitors.
Area momentum is also reflected in nearby development activity, including The Bend development and the upcoming Lifetime Fitness mentioned in the remarks. The combination of accessible location and turnkey-style interior configuration supports both owner-user and investment considerations.
The property is positioned in the southwest Las Vegas corridor near the 215 Beltway and Rainbow Boulevard, with excellent access to the freeway. Surrounding retail, dining, and business services provide day-to-day convenience for employees and visitors.
Area momentum is also reflected in nearby development activity, including The Bend development and the upcoming Lifetime Fitness mentioned in the remarks. The combination of accessible location and turnkey-style interior configuration supports both owner-user and investment considerations.
Key Highlights
- 2017‑built professional office condo suite in a maintained professional complex
- Suite 108 includes 1,744 SF of office space with a reception area
- Layout features private offices and dedicated conference space
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$26,840
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.13%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$536,800
$536.8K
Cap Rate 7%
$383,429
$383.4K
Cap Rate 9%
$298,222
$298.2K
Market Conditions
NOI Build-Up for 1,744 SF
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.
Gross rent
$41.9K $24.00/SF
− Vacancy
−$6.1K −$3.48/SF
EGI
$35.8K $20.52/SF
− OpEx
−$8.9K −$5.13/SF
NOI
$26.8K $15.39/SF
Area
Las Vegas, NV
Vacancy
14.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$536,800
Cap Rate 7%
$383,429
Cap Rate 9%
$298,222
Alternative Uses
Best Use
Office B
$383.4K
$335.5K – $447.3K
NOI $26,840 @ 7.0% cap · market cap 4.13%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$602.6K
$527.3K – $703.1K
NOI $42,184 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,706
Businesses Nearby
Explore this area
Business Placement
Demographics for 89113, NV
35,829
Population
16,151
Households
2.2
Avg Household Size
38
Median Age
39%
College-Educated
90%
High-School Grad
10.8 sq mi
ZIP Area
3,318
Density / Sq Mi
$88,750
Median Household Income
$48,342
Median Earnings
$1,759
Median Rent
$463,900
Median Home Value
Market
Vacancy Rate% for Office in Las Vegas, NV
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office condo suite with reception, private offices, conference space, and support areas within a maintained professional complex.
Where is this office units located?
The property is located at 7336 W Post Rd Ste 108 Las Vegas, NV.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 2017‑built professional office condo suite in a maintained professional complex; Suite 108 includes 1,744 SF of office space with a reception area; Layout features private offices and dedicated conference space
