Technical
Financial
Distress signals
Property profile

600-620 Sahara Ave Las Vegas, NV 89104

OFF-MARKET
Office Spaces
30,358 SF
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Property summary

AI-generated overview

This exceptional commercial property, located at 600-620 East Sahara Avenue in Las Vegas, Nevada, presents a compelling investment opportunity. The 30,358 square foot property is comprised of office space and land, offering significant potential for redevelopment. Currently operating under a triple net lease (NNN) arrangement with a multi-tenant occupancy of 75%, the property boasts a remaining lease term of two years. The asking price is $6,900,000. The property's address is 600-620 East Sahara Avenue, Las Vegas, NV 89104. Given the current lease structure and occupancy rate, this asset presents a unique chance to acquire a substantial commercial holding in a prime Las Vegas location. The property's size and location within Clark County offer considerable flexibility for future development plans. The current cap rate is listed as 0%, reflecting the potential for significant returns through redevelopment or lease restructuring. This is a rare opportunity to acquire a large commercial property in a dynamic and growing market. Serious inquiries are encouraged to explore the full potential of this valuable asset. The property is zoned for commercial use.

Property profile

Verified
Property type Office Spaces
Total area 30,358 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

600-620 Sahara Ave Las Vegas, NV 89104
Las Vegas metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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