Vacant Office Building in Las
For Sale
$8,461,000
7710 W Cheyenne Avenue, Las Vegas, NV 89129
Vacant office building in established mixed-use corporate center.
Property Size33,980 SF
Price / SF$248
Days on Market205
Property Features for 7710 W Cheyenne Avenue
General Information
Standard status
Active
Size
33,980 SF
Property subtype
10/6/2026
Building Details
Building Size
33,980 SF
Year Built
2026
Listing Agency:
Cushman & Wakefield | Las Vegas
Listed By:
Marlene Fujita · License #S.0054013
(702) 688-6884
Source:
Cushmanwakefield
Added: Mar 26
Changed: Oct 7
Last Checked: Oct 14 at 8:33PM
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 Cushman & Wakefield | Las Vegas
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Investment Insights
Based on property information with market context.
Located within Cheyenne Corporate Center, the property at 7710 W. Cheyenne Ave is a vacant building situated within a mixed-use campus comprising office, medical office, and retail spaces. The campus encompasses approximately 321,245 square feet across nine parcels. The property benefits from the management of common areas by a commercial association. Other occupants within the center include the State of Nevada Physical Therapy Board, Davita, TPx/MPower Communications, and Dennett Winspear Attorneys at Law. The property offers convenient access to US-95, located one mile to the east, and I-215, situated 3.5 miles to the west. The building contains 33,980 square feet and is centrally located for the North, Northwest, and West trade areas.
Key Highlights
- Located within Cheyenne Corporate Center, a mixed‑use campus.
- Minimal management required due to commercial association managing common areas.
- Easy access to US‑95 (1 mile) and I‑215 (3.5 miles).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$522,952
Cap Rate
6.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,459,040
$10.5M
Cap Rate 7%
$7,470,743
$7.5M
Cap Rate 9%
$5,810,578
$5.8M
Market Conditions
NOI Build-Up for 33,980 SF
Gross rent
$815.5K $24.00/SF
− Vacancy
−$118.3K −$3.48/SF
EGI
$697.3K $20.52/SF
− OpEx
−$174.3K −$5.13/SF
NOI
$523.0K $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 Rate 5%
$10,459,040
Cap Rate 7%
$7,470,743
Cap Rate 9%
$5,810,578
Alternative Uses
Best Use
Office B
$7.47M
$6.54M – $8.72M
NOI $522,952 @ 7.0% cap · market cap 6.18%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$11.74M
$10.27M – $13.70M
NOI $821,907 @ 7.0% cap · market cap 9.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
539
Businesses Nearby
Explore this area
Business Placement
Demographics for 89129, NV
54,067
Population
21,941
Households
2.5
Avg Household Size
39
Median Age
33%
College-Educated
93%
High-School Grad
10.0 sq mi
ZIP Area
5,407
Density / Sq Mi
$87,544
Median Household Income
$48,690
Median Earnings
$1,767
Median Rent
$420,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Las Vegas, NV
Frequently Asked Questions
What type of property is this?
Office building - Vacant office building in established mixed-use corporate center.
Where is this office building located?
The property is located at 7710 W Cheyenne Avenue Las Vegas, NV.
What is the asking price?
The asking price for this property is $8,461,000.
What are key features of this property?
This property features: Located within Cheyenne Corporate Center, a mixed‑use campus.; Minimal management required due to commercial association managing common areas.; Easy access to US‑95 (1 mile) and I‑215 (3.5 miles).
