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
- 9,269 SF
- Property subtype
- Office
Building Details
- Year Built
- 1963
Listing office IREPLV LLC
Listing date Feb 16, 2023
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 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.
- Accessibility to federal & municipal courthouses, Medical District, Symphony Park, Arts District, and Fremont Street.
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 | $222.5k | $24.00 |
| − Vacancy | −$32.3k | −$3.48 |
| EGI | $190.2k | $20.52 |
| − OpEx | −$47.5k | −$5.13 |
| NOI | $142.6k | $15.39 |
