124 6th St Ste, Unit 150 Las Vegas, NV 89101-5729
- Investment properties
- 19,500 SF
- 0.33 lot acres
Current Use by Public Records
- The Donut Hole by Carl's Donuts / Donut Shop
- Juice Stars Downtown Las Vegas / Lunch Restaurant / Juice Shop
- Juice Stars Headquarters / Beverage Distributor
- Sunset / Parking Garage
- Simon Hospitality Group / Restaurant
Property Details for 124 6th St Ste
- Year built
- 1955
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.33 lot acres
- Property size
- 19,500 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 139-34-611-051
- APU
- 13934611051
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,925,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,355,000
- 6.5%
- $5,090,000
- 7%
- $4,355,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,145,000
- Geo Method
- $4,825,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,085,000
- Retail
- $4,095,000
- Mixed-Use
- $3,775,000
- Hospitality
- $5,035,000
- Educational
- $4,845,000
- Residential Income
- $4,655,000
- Energy
- $3,825,000
- Income-Based Land
- $4,110,000
- Food Service
- $5,215,000
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.14
- Latitude
- 36.1679
- CBSA code
- 29820
- CBSA name
- LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
