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Vacant Office Building in Las Vegas

7710 W Cheyenne Ave Las Vegas, NV 89129

7710 W Cheyenne Ave, Las Vegas, NV, 89129
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Vacant office building in established mixed-use corporate center.

Property Size33,980 SF
Price / SF$248
AddedJun 27, 2024
Days on Market750
Last RefreshJul 15 at 7:10 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 office Cushman & Wakefield - Las Vegas, Nevada

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


Investment Insights

Based on property information with market context.

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.

Key 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).

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 (±1% cap)
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 (±1% cap)
NOI $821,907 @ 7.0% cap · market cap 9.71%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Agent Reputation Real Estate Agency

Suggested Use

Building Supply Hair Salon Restaurant Barber Shop Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Furniture & Home Goods Grocery & Convenience Store Auto Parts Store Plumbing Service

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

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).
Contact an agent
(702) 605-1549 Call to check price and availability
More about this property
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