2725 Desert Inn RdLas Vegas, NV 89121

Property Details for 2725 Desert Inn Rd

Year built

1982

Construction

FRAME

Lot size

6.16 AC

Property size (Sq ft)

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.

• CAP approach

  CAP return

  Valuation

  6%

  $19,761,926

  6.5%

  $18,241,778

  7%

  $16,938,794

• Comparable approach

  Method

  Valuation

  Relative Method

  $20,024,182

  Geo Method

  $20,024,182

• Alternative Use

  Use

  Valuation

  Residential

  $22,619,806

  Hospitality

  $20,719,620

  Educational

  $17,238,480

  Medical

  $17,831,338

  Retail

  $26,815,414

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.1288

Longitude

-115.112

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].