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Property profile & analytics
FOR LEASE
Office buildings

2500 W Sahara Ave Las Vegas, NV 89102

22,626 SF 1.4 ac lot Built 1996
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US62-1246143
Property summary
AI-generated overview

The Paseo Financial Center, a Class B, two-story office building totaling 22,460 square feet, presents a compelling investment opportunity in Las Vegas, Nevada. Built in 1996, this single building property sits on a 1.4-acre lot at 2500 W Sahara Ave, 89102, boasting a convenient location near the intersection of Sahara and Rancho, with easy access to I-15 and I-95. Currently, 5,783 square feet of space is available for lease, ideal for various professional uses including executive, medical, traditional, and creative office spaces. The building features one elevator and ample covered parking. Its strategic location across from the recently renovated Palace Station Casino and minutes from the Las Vegas Strip makes it highly visible and accessible. The property's multiple tenancy allows for flexibility, catering to businesses of varying sizes. This centrally located building offers a strong potential for return on investment, given its prime location and proximity to major transportation arteries and key attractions. The APN is 162-05-818-004. One available space is 5,584 square feet.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1996
Construction FRAME
Total area 22,626 SF
Lot 1.4 ac (60,984 SF)
APN 162-05-818-004
UPID US62-1246143
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
  • Arc Health & Wellness Center Occupational Health Service
  • Pull 4 Wisdom Teeth Dental Office
  • Consultants Medical Group Medical Group
  • Desert PCA of Nevada Home Health Care Service
  • WellTrac Gym & Fitness Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.29M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.02M
Owner & transaction history
Ream LLC · 3 yrs held
Ream LLC
since 2022
Last sale
$2.8M
3 recorded transactions
2022
$2.8M
2010
Price N/A
2005
$5.6M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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