7690 W Cheyenne Ave, Las Vegas, NV 89129
Vacant office building in established Cheyenne Corporate Center.
- Added:
- Nov 13, 2024
- Days on Market:
- 576
- Last Refresh:
- May 12 at 9:55 pm
Property Features for 7690 W Cheyenne Ave
General Information
- Standard status
- Active
- Size
- 74,920 SF
- Property subtype
- Office
Building Details
- Year Built
- 2000
Listing agent Marlene Fujita License #S.0054013
Listing office Cushman & Wakefield - Las Vegas, Nevada (702) 605-1549
Listing date Nov 13, 2024
Source Crexi
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HighLights
- Located within Cheyenne Corporate Center, a mixed‑use campus.
- Part of a campus consisting of ±321,245 square feet across nine parcels.
- Managed by a commercial association, minimizing owner responsibilities.
- Existing tenants include State of Nevada Physical Therapy Board, SimonMed, and others.
- Building Six is vacant, ready for immediate occupancy or redevelopment.
- Built in 2000.
Overview
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 | $1.80M | $24.00 |
| − Vacancy | −$260.7k | −$3.48 |
| EGI | $1.54M | $20.52 |
| − OpEx | −$384.3k | −$5.13 |
| NOI | $1.15M | $15.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.262607
- Latitude
- 36.220624