2725 Desert Inn Rd Las Vegas, NV 89121
- Office buildings
- 99,946 SF
- 6.16 lot acres
Current Use by Public Records
- Oasis / Radio Broadcaster
- Topa Insurance Claims / Insurance Agency
- Nevada Pacific Insurance / Insurance Agency
Property Details for 2725 Desert Inn Rd
- Year built
- 1982
- Construction
- FRAME
- Lot size
- 6.16 lot acres
- Property size
- 99,946 SF
- Property type
- Office buildings
- APN
- 162-13-102-012
- APU
- 16213102012
Description
This exceptional four-building office complex, totaling 46,632 square feet, presents a unique investment opportunity in Las Vegas, Nevada. Located at 2725 E Desert Inn Rd (cross streets: Desert Inn/Pecos), zip code 89121, the property offers a range of suite sizes, accommodating businesses from small to large. Currently, all 46,632 square feet are available for lease, with spaces ranging from a minimum of 1,053 square feet to a maximum contiguous space of 35,749 square feet. The two-story buildings provide ample space for various professional uses, particularly well-suited for medical and executive offices. The property boasts convenient covered and open parking, a significant advantage in this location. Its central Las Vegas location offers easy access to major thoroughfares, hospitals, and medical centers. Under new ownership, the landlord is offering tenant improvement contributions, making this an even more attractive proposition. Below-market lease rates are currently available, making this a compelling investment opportunity for discerning buyers. The property is ideally situated to serve a diverse range of tenants seeking high-quality office space in a desirable and accessible location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $9,890,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $8,130,000
- 6.5%
- $8,325,000
- 7%
- $9,575,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $9,730,000
- Geo Method
- $9,060,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $7,935,000
- Retail
- $8,515,000
- Mixed-Use
- $7,920,000
- Hospitality
- $7,625,000
- Educational
- $7,645,000
- Residential Income
- $9,565,000
- Energy
- $8,505,000
- Income-Based Land
- $9,245,000
- Food Service
- $7,435,000
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.112
- Latitude
- 36.1288
- CBSA code
- 29820
- CBSA name
- LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
