6010 Durango Dr Las Vegas, NV 89113

This exceptional 25,000-square-foot, two-story Class B creative office building in Las Vegas, Nevada presents a compelling owner-user or investment opportunity. Located at 6010 S Durango Dr, in the desirable Durango Village, this 2008-built property underwent renovations in 2012 and boasts a modern, open-concept design with glass walls and state-of-the-art lighting. Currently 100% occupied by two credit-rated tenants (a tech company and a law firm) under a modified lease with a 7-year term commencing June 1, 2018, and expiring May 31, 2025, with a remaining term of 0.5 years and a 3-year renewal option. The building features multiple conference rooms, private offices, a library, copy/printer area, reception area, break room, and a dedicated elevator. Ample parking is available with 25 reserved covered spaces and 35 unreserved surface spaces. The property sits on a 24,000-square-foot lot with 25,000 square feet of air rights. Its prime location is just half a mile from the 215 Beltway, near The UnCommons, IKEA, and Durango Station Casino, and only six miles from the Las Vegas Strip and McCarran International Airport. The building offers a strong net operating income (NOI) of $590,000, resulting in a 7.38% cap rate, and an asking price of $8,000,000 ($320 per square foot). Annual rent bumps are set at 3%. The property is zoned for commercial use and features a professional management team. This is an ideal opportunity for an owner-user seeking a high-quality, well-located space or an investor looking for a strong return.