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8870 Maryland Pkwy Las Vegas, NV 89123

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For Sale
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Las Vegas Executive Office Complex - High NOI

Property size:
5,428 SF

Property Features for 8870 Maryland Pkwy

General Information

Property type
Office Properties & Spaces
Square Feet
5,428 SF
Class
C

Building Details

Buildings
1
Units
10

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Listing Contact
Steve Neiger
Steve Neiger

Listing Agency: CAST Listing Agent: Steve Neiger

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional investment opportunity presents a freestanding Class C office building in the vibrant Scottsdale Plaza of Las Vegas, Nevada. Located at 8870 S Maryland Pkwy, zip code 89123, this 5,428 square foot building is currently 74.23% occupied, generating a strong net operating income (NOI) of $102,224. The asking price is $1,899,800, translating to $350 per square foot. The property features ten units across one building, with seven tenants currently leasing under a gross lease agreement. Built in 2005, this multi-tenant property benefits from a convenient location, just one mile from the freeway, and is situated within a thriving mixed-use environment. Amenities within walking distance include a Dunkin', Tesla Supercharging stations, restaurants, and a convenience store. The property boasts ample parking, both covered and uncovered, and is zoned Commercial General (CG), allowing for flexible office or retail uses. This presents a compelling opportunity for owner-users or investors seeking a well-located, income-producing asset in a dynamic Las Vegas market. The property's strong NOI and strategic location make it an attractive investment with significant potential for future growth.
Property Profile Location Intelligence

Current Use by Public Records

Amanda M. Partin, ... Psychotherapist Luther Capital Financial Advisor Law Office of Clay ... Law Firm ASAP Locksmith Locksmith Heath Gaumer - COUNTRY ... Insurance Agency

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Las Vegas
County
Clark
State
Nevada
Longitude
-115.134767
Latitude
36.0287852

FAQs

What type of property is this?
Office Property / Space - Las Vegas Executive Office Complex - High NOI
Where is this office property / space located?
The property is located at 8870 Maryland Pkwy Las Vegas, NV.
What is the asking price?
The asking price for this property is $1,899,800.
What are key features of this property?
This property features: $1,899,800 asking price ($350/SF).; 5,428 SF Class C office building, 74.23% occupied, with 25.77% vacancy.; $102,224 annual net operating income (NOI).
(702) 592-7187 Call to check price and availability
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