8235 Eastern AveLas Vegas, NV 89123

For Lease
$17.40/SF/YR View listing
  • Office buildings
  • 32,325 SF

Property Details for 8235 Eastern Ave

Year built
2008
Construction
FRAME
Lot size
2.14 AC
Property size (Sq ft)
32,325 SF
Property type
Office buildings
APN
177-14-518-002
APU
17714518002

Description

This exceptional Class A, two-story office building, totaling 31,145 square feet, is situated on 2.15 acres in the Airport submarket, offering unparalleled convenience. Built in 2007, the property boasts a striking art deco lobby and modern building systems. Currently, 11,727 square feet of space is available, divisible into units ranging from 1,551 to 10,176 contiguous square feet. Six total suites are available within the building. The property features a generous 5.5 parking spaces per 1000 square feet ratio, including covered stalls, and provides easy access to major freeways (I-15, I-95, and the 215). Located just seven minutes from McCarran International Airport (LAS), this prime location offers exceptional accessibility for employees and clients. The building includes a high-amperage power supply (1000A), one hydro elevator, and a 12-foot ceiling height. The zoning is C-P Clark County, allowing for a variety of professional office uses. Available spaces include a 4,042 square foot second-floor space ideal for marketing or call centers, a 7,504 square foot ground-floor space suitable for a mid-sized business headquarters or regional office, and a 3,568 square foot ground-floor space perfect for hybrid work or a work hoteling office, complete with modern infrastructure and a robust server room. The building is fully sprinklered and offers modern finishes and lighting. Estimated 2023 NNNs are $0.43. The property's APN is 177-14-518-002, and its cross street is Windmill.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,829,238
    6.5%
    $6,303,912
    7%
    $5,853,633
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,476,314
    Geo Method
    $6,476,314
  • Alternative Use

    Use
    Valuation
    Residential
    $7,816,852
    Hospitality
    $7,160,194
    Educational
    $5,957,197
    Medical
    $6,162,074
    Retail
    $9,266,751
8235 Eastern Ave, Las Vegas, Nevada

Location Insight

City
Las Vegas
County
Clark
State
Nevada
Latitude
36.0398
Longitude
-115.12
CBSA code
29820
CBSA name
LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$39,102
$293,637
$1,926,669
$2,220,306
-
$838,963
$5,504,769
$6,343,732

FAQs

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