700 Silverado Ranch BlvdLas Vegas, NV 89123

Property Details for 700 Silverado Ranch Blvd

Year built

2007

Construction

FRAME

Lot size

1.82 AC

Property size (Sq ft)

24,251 SF

Property type

Office buildings

APN

177-22-404-002

APU

17722404002

Description

This exceptional 6,703-square-foot office space presents a unique sublease opportunity in the vibrant Silverado Ranch area of Las Vegas, Nevada. Located at 700 E. Silverado Ranch Boulevard, Suite #107, this single-tenant property is ideally suited for medical or traditional office users. The property boasts a highly desirable location, offering convenient access to shopping, dining, and a substantial residential population. Its proximity to major freeways and newly constructed hospitals further enhances its appeal. The space is easily accessible from one of the main boulevards south of the McCarran International Airport, benefiting from excellent visibility and high traffic flow. The existing furniture and fixtures are available for negotiation, providing flexibility for potential tenants to customize the space to their specific needs. The property's APN is 177-22-404-002. This is a fantastic opportunity to secure a well-located, spacious office in a thriving Las Vegas neighborhood. The property is categorized as both Medical Office and Traditional Office space, offering versatility for a wide range of businesses. This sublease presents a compelling opportunity to establish a strong presence in a rapidly growing area.

• CAP approach

  CAP return

  Valuation

  6%

  $8,037,028

  6.5%

  $7,418,795

  7%

  $6,888,881

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,858,688

  Geo Method

  $4,858,688

• Alternative Use

  Use

  Valuation

  Residential

  $9,199,306

  Hospitality

  $8,426,515

  Educational

  $7,010,761

  Medical

  $7,251,872

  Retail

  $10,905,628

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.0138

Longitude

-115.146

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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