7710 W Cheyenne Ave Las Vegas, NV 89129
Vacant office building in established mixed-use corporate center.
Property Features for 7710 W Cheyenne Ave
General Information
- Standard status
- Active
- Size
- 33,980 SF
- Property subtype
- Office
Building Details
- Year Built
- 2000
Listing office Cushman & Wakefield - Las Vegas, Nevada (702) 605-1549
Listing date Jun 27, 2024
Source Crexi
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Investment Insights
Based on property information with market context.
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).
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 | $815.5k | $24.00 |
| − Vacancy | −$118.3k | −$3.48 |
| EGI | $697.3k | $20.52 |
| − OpEx | −$174.3k | −$5.13 |
| NOI | $523.0k | $15.39 |