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31152670
31152672

8870 S Maryland Pkwy, Las Vegas, NV 89123

SN
NV NV B.0146583
CAST
BR
NV S.0174245
CAST
CAST
Listed by CAST
$1,992,273
781 days on market
Updated 14 days ago

Scottsdale Plaza - Bldg 88870

Details
Property Type Office
Sub Type Executive Office
Square Footage 5,428
Net Rentable (SqFt) 5,428
Units 10
Cap Rate 7%
NOI $139,459
Occupancy 83.7%
Tenancy Multi
Lease Type Gross
Price per SqFt $367
Class C
Year Built 2005
Buildings 1
Stories 1
Zoning CG
Investment Type Value Add
Sale Condition For sale by owner

Freestanding Office Buildings For Sale!

Marketing description

Scottsdale Plaza in central Las Vegas offers a unique opportunity for business owners and investors to buy freestanding buildings while benefiting from existing tenant rental income. The sale includes 2 office buildings aimed at owner-users wanting to locate their business in a vibrant, well-maintained mixed-use setting. The plaza features convenient amenities such as a new Dunkin, 24 Tesla Supercharging Stations, restaurants, and a convenience store, all within walking distance. The project is located 1 mile from the freeway and was built in 2005. It boasts ample parking (both covered and uncovered) and is zoned Commercial General (CG), allowing for office or retail uses. Scottsdale Plaza is ideal for those seeking to own their workspace in a professional, community-focused environment.

Investment highlights

  • List price: $1,992,273 ($367/SF)

  • Building SF: 5,428 SF

  • Occupancy: 83.7%

  • Vacancy: $16.3%

  • NOI: $139,459.12

  • CAP Rate: 7.00%

Listing Contacts

SN
NV NV B.0146583
CAST
BR
NV S.0174245
CAST
CAST
Listed by CAST

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$139,459.00
$11,621.58/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

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Additional Information

Name
Steve Neiger
License
NV B.0146583
Brokerage
CAST
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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