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Property profile & analytics
OFF-MARKET Estimated value $4,725,000
Investment properties

124 6th St Ste 150 Las Vegas, NV 89101-5729

19,500 SF 0.33 ac lot Built 1955
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US62-1241887
Property summary
AI-generated overview

This exceptional sublease opportunity presents a vibrant retail space in the heart of Las Vegas, Nevada. Located at 124 S 6th St, zip code 89101, this property offers a flexible layout ideal for a variety of uses. The main space, Suite 140, encompasses approximately 1,144 square feet and is situated on the ground floor, providing excellent street visibility and accessibility. This unit is perfect for a cafe or restaurant, given its location and size. Additionally, two other units, Suites 237 and 241, are available for sublease, totaling approximately 1,427 square feet. These spaces are suitable for dry storage or administrative office use, offering valuable supplementary space for a business. The entire building comprises 19,500 square feet, ensuring ample space for both the primary retail operation and any necessary ancillary functions. The property's location in the dynamic downtown Las Vegas area provides unparalleled access to a large and diverse customer base. The property's APN is 13934611051. This is a single-tenant sublease opportunity, providing a unique chance to establish a presence in a thriving urban environment. The flexible space and prime location make this an attractive option for businesses seeking a strategic foothold in the Las Vegas market. Inquire today to learn more about this exciting sublease opportunity.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1955
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 19,500 SF
Lot 0.33 ac (14,375 SF)
APN 139-34-611-051
UPID US62-1241887
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Donut Hole by Carl's Donuts Bakery Discount Store
  • Juice Stars Downtown Las Vegas Specialty Food Shop (Bike/Boat/Book/etc) Store
  • Juice Stars Headquarters Big Box & Wholesale Store Distribution Center
  • Sunset Parking Lot & Garage
  • Simon Hospitality Group Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.96M
CAP Approach CAP
$4.53M
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.73M
Owner & transaction history
24 Indigo LLC · 2 yrs held
24 Indigo LLC
since 2023
Last sale
$4.6M
7 recorded transactions
2024
Price N/A
2023
$4.6M
2012
$2.1M
2005
$2.8M
2001
Price N/A
1997
$975,000
1995
$500,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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