Current Use by Public Records
- Amanda M. Partin, LCSW PLLC / Psychotherapist
- Luther Capital / Financial Advisor
- Law Office of Clay R Treese / Law Firm
- ASAP Locksmith / Locksmith
- Heath Gaumer - COUNTRY Financial Agent / Insurance Agency
Property Details for 8870 Maryland Pkwy
- Property type
- Office Spaces
Description
This exceptional investment opportunity presents a freestanding Class C office building in the vibrant Scottsdale Plaza of Las Vegas, Nevada. Located at 8870 S Maryland Pkwy, zip code 89123, this 5,428 square foot building is currently 74.23% occupied, generating a strong net operating income (NOI) of $102,224. The asking price is $1,899,800, translating to $350 per square foot. The property features ten units across one building, with seven tenants currently leasing under a gross lease agreement. Built in 2005, this multi-tenant property benefits from a convenient location, just one mile from the freeway, and is situated within a thriving mixed-use environment. Amenities within walking distance include a Dunkin', Tesla Supercharging stations, restaurants, and a convenience store. The property boasts ample parking, both covered and uncovered, and is zoned Commercial General (CG), allowing for flexible office or retail uses. This presents a compelling opportunity for owner-users or investors seeking a well-located, income-producing asset in a dynamic Las Vegas market. The property's strong NOI and strategic location make it an attractive investment with significant potential for future growth.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.135
- Latitude
- 36.0288
