2850 S JONES BLVD, Las Vegas, NV 89146

FOR SALE/LEASEBACK: Office Condominium at 2850 S. Jones Blvd, Las Vegas, NV 89146

Presenting this lucrative investment opportunity in the heart of Las Vegas! This single-tenant office condominium offers a long-term NNN lease structure with built-in annual rent increases, ensuring a strong return on investment. With an average stabilized NOI of $61,591 at a 6.5% Cap rate.

This property features 7 offices, 1 conference room, a bullpen, kitchenette and storage room and 2 bathrooms.

Situated in the established Spring Valley submarket of Las Vegas, the property boasts high daytime population and positive growth trends, ensuring sustained tenant demand. Benefit from a prime location along South Jones Boulevard, surrounded by strong residential density, nearby employment centers, and major transportation corridors for convenience. Ideal for an 1031 buyer seeking a secure income stream, this office condominium with two renewal options is a prime asset in a thriving commercial hub

Should the buyer want to owner-occupy the current user can vacate the property with a 90 day notice.