Vacant Office Building in Las
7710 W Cheyenne Ave, Las Vegas, NV 89129
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Vacant office building in established mixed-use corporate center.
Type:Office
Property size:
33,980 SFPrice / SF:
$248/SF- Added:
- Jun 27, 2024
- Days on Market:
- 704
- Last Refresh:
- May 12 at 8:37 pm
Property Features for 7710 W Cheyenne Ave
General Information
- Standard status
- Active
- Size
- 33,980 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 Jun 27, 2024
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield - Las Vegas, Nevada
HighLights
- Located within Cheyenne Corporate Center, a mixed‑use campus.
- Minimal management required due to commercial association managing common areas.
- Easy access to US‑95 (1 mile) and I‑215 (3.5 miles).
- Centrally located for North, Northwest, and West trade areas.
- Existing tenants include State of Nevada Physical Therapy Board and Davita.
- Building constructed in 2000.
Overview
Located within Cheyenne Corporate Center, the property at 7710 W. Cheyenne Ave is a vacant building situated within a mixed-use campus comprising office, medical office, and retail spaces. The campus encompasses approximately 321,245 square feet across nine parcels. The property benefits from the management of common areas by a commercial association. Other occupants within the center include the State of Nevada Physical Therapy Board, Davita, TPx/MPower Communications, and Dennett Winspear Attorneys at Law. The property offers convenient access to US-95, located one mile to the east, and I-215, situated 3.5 miles to the west. The building contains 33,980 square feet and is centrally located for the North, Northwest, and West trade areas.
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 | $815.5k | $24.00 |
| − Vacancy | −$118.3k | −$3.48 |
| EGI | $697.3k | $20.52 |
| − OpEx | −$174.3k | −$5.13 |
| NOI | $523.0k | $15.39 |
33,980 SF · lease $24.00/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$7.47M
$6.54M – $8.72M
NOI $522,952 @ 7.0% cap · market cap 6.18%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$11.74M
$10.27M – $13.70M
NOI $821,907 @ 7.0% cap · market cap 9.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Agent Reputation
Real Estate Agency
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.264106
- Latitude
- 36.21885
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Vacant office building in established mixed-use corporate center.
Where is this office building located?
The property is located at 7710 W Cheyenne Ave Las Vegas, NV.
What is the asking price?
The asking price for this property is $8,461,000.
What are key features of this property?
This property features: Located within Cheyenne Corporate Center, a mixed‑use campus.; Minimal management required due to commercial association managing common areas.; Easy access to US‑95 (1 mile) and I‑215 (3.5 miles).
