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    7272 El Capitan Way Las Vegas, NV 89148

    Sponsored
    For Sale
    $5,200,000

    Prime location, 8,864 SF, 100% leased.

    Property size:
    8,864 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property in Las Vegas, Nevada, presents a lucrative investment opportunity. The 8,864-square-foot building sits on a 0.95-acre lot at the corner of W. Warm Springs Road and S. El Capitan Way, boasting significant road frontage (+112 feet on Warm Springs, +330 feet on El Capitan). Currently 100% occupied by two tenants, the property features a thriving Ace's Bar & Grill tavern (4,463 square feet) and 4,371 square feet of high-end executive office space. The office area is meticulously designed, encompassing two floors, two executive suites, five individual offices, two reception areas, a full kitchen, a conference room, a fireplace, and three restrooms. The building's exterior received a fresh coat of paint, and the parking lot was slurry sealed and restriped in 2018. The property is zoned C2 and its APN is 176-05-801-016. Its strategic location offers easy access to the 215 Beltway, I-15, and Harry Reid International Airport. The tavern may be available for sale separately, at an additional cost. This multi-tenant, Net Lease (NNN) property represents a strong, stable income stream with significant upside potential. The asking price is $5,200,000.

    Property Features for 7272 El Capitan Way

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    8,864 SF
    Lot Size
    41,382 SF

    HighLights

    • Excellent corner location in Las Vegas, NV, at W. Warm Springs Rd and S. El Capitan Way with significant road frontage.
    • Convenient access to the 215 Beltway, I‑15, and Harry Reid International Airport.
    • 8,864 SF building, 100% leased to Ace's Bar & Grill and high‑end executive offices.
    • Recently renovated exterior, including fresh paint and parking lot resurfacing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Donard Twardowski, REALTOR®, ... Real Estate Agency Nick/ Discount Eren Apartment Building Aces Bar & Grill ... Bar & Grill Not yet listed ... Real Estate Agent Mister Tater's Express Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.2878794
    Latitude
    36.0557932

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    FAQs

    What type of property is this?
    Office Property / Space - Prime location, 8,864 SF, 100% leased.
    Where is this office property / space located?
    The property is located at 7272 El Capitan Way Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $5,200,000.
    What are key features of this property?
    This property features: Excellent corner location in Las Vegas, NV, at W. Warm Springs Rd and S. El Capitan Way with significant road frontage.; Convenient access to the 215 Beltway, I-15, and Harry Reid International Airport.; 8,864 SF building, 100% leased to Ace's Bar & Grill and high-end executive offices.
    Request Owner's contact information
    7272 El Capitan Way Las Vegas, NV 89148
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7272 El Capitan Way Las Vegas, NV 89148
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