Listed by Griffis Realty Investments
$850,000
Great Investment / Owner User Property For Sale
Details
APN 138-36-316-004
Property Type Office
Sub Type Traditional Office, Creative Office
Square Footage 1,668
Units 6
Cap Rate 7.03%
NOI $59,784
Occupancy 100%
Broker Co-Op Yes
Year Built 1960
Year Renovated 2022
Buildings 1
Stories 1
Acreage 0.150
Zoning Professional Office (P-R)
Parking Spaces 13 per 1,000 sq ft
Investment Type Stabilized
Office | 7.03% CAP | 1,668 SqFt
Marketing description
- Prime Location and Highly Visible: 612 S. Jones Blvd, Las Vegas, NV, near I-95/I-15 interchange for easy access.
- Fully Renovated: Modern single-story office building, updated in May 2023.
- Versatile Space: 1,668 sq. ft. with 6 offices, 2 bathrooms, and a large conference/showroom.
- Modern Amenities: Includes a beautiful kitchen, Rolladen shutters, and 200-amp electric capacity.
- Secure & Private: Large outdoor storage area with dedicated access and 12 parking spaces.
- Ideal for Businesses: Perfect for medical billing, legal, insurance, design, attorney office, wellness offices.
- Turn-Key Opportunity: Priced at $850,000, zoned Professional Office (P-R) this investment property is already set up easy to own and operate.
- Property generates approximately $59k/year
Investment highlights
- Excellent location with many restaurants, shopping, Casino, bus lines and other amenities in the immediate area
- All offices are rented
- Easy to maintain and manage property
- Minimal Landlord responsibility
- Property is clean & well maintained
Listing Contacts
Listed by Griffis Realty Investments
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$59,784.00
$4,982.00/mo
Valuation Metrics
0
DSCR
7.03%
Cap Rate
7.03%
ROI
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Property History
Tax History
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