730 S Las Vegas Blvd Las Vegas, NV 89101
Office condos for sale in downtown Las Vegas.
Property Features for 730 S Las Vegas Blvd
General Information
- Standard status
- Active
- Size
- 3,679 SF
- Property subtype
- Office
Building Details
- Year Built
- 1963
Listing office IREPLV LLC
Listing date Feb 16, 2023
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of IREPLV LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Office condos for sale in Downtown Las Vegas.
- Located in the heart of downtown at the corner of Gass Avenue and Las Vegas Boulevard.
- +40,342 sq. ft. office building.
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 | $88.3k | $24.00 |
| − Vacancy | −$12.8k | −$3.48 |
| EGI | $75.5k | $20.52 |
| − OpEx | −$18.9k | −$5.13 |
| NOI | $56.6k | $15.39 |
