3889 Eastern Ave Las Vegas, NV 89169-3322
This exceptional investment opportunity presents a 3,129 square foot, single-tenant office building located at 3889 S Eastern Ave, Las Vegas, NV 89169. The property, built in 1964 and extensively renovated in 2013, features a luxurious Class B interior with nine offices, a reception area with a waterfall feature, an ADA-compliant restroom and kitchen on the first floor, and an additional restroom on the second floor. The building boasts ample parking with eight spaces, one designated handicap space, and additional on-street parking. The smart hub ensures efficient internet and cabling. Currently leased under a Net Lease (NNN) agreement with a remaining term of approximately 0.7 years, expiring July 30, 2025, with a three-year renewal option. The tenant, Blackwood Camera Rental, maintains 100% occupancy since July 1, 2022. The property sits on a 0.23-acre lot, zoned Commercial Professional (CP), and offers a strong NOI of $63,050, resulting in a 7.34% cap rate. The asking price is $859,000, translating to $274.53 per square foot. Its prime location along the Eastern Corridor, with approximately 32,000 vehicles passing daily, ensures high visibility and accessibility. The property's proximity to Desert Springs Hospital (less than one mile) and Sunrise Hospital (under two miles) further enhances its desirability. This is a turnkey investment opportunity with significant potential for long-term returns. APN: 162-14-710-037.
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Blackwood Camera Rental Tech Support Center Rental Equipment Company
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Benevolent Generation, LLC Business Service Center
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Chefach Holdings Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.