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32058637
32058638

800 S. Casino Center Boulevard, Las Vegas, NV 89101 For Sale

MDL Group
LR
NV 0188531
MDL Group
MG
NV 0186326
MDL Group
Listed by MDL Group
$585,000
76 days on market
Updated 76 days ago

800 S. Casino Center Boulevard

Details
APN 139-34-410-027
Property Type Retail, Office
Sub Type Creative Office, Tattoo Studio
Square Footage 700
Cap Rate 6.13%
NOI $35,844
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 5.1
Lease Expiration 04/15/2030
Remaining Term 3.8
Rent Bumps Yes
Price per SqFt $836
Class B
Year Built 1939
Year Renovated 2025
Buildings 1
Acreage 0.040
Zoning General Commercial (C-2)
Parking Spaces 4 spaces
Parking per 1,000 SqFt 5.71
Investment Type Net Lease
Lease Commencement 03/15/2025
Ground Lease No

Downtown LV Single-Tenant Investment | $585K | 6.13% Cap

Marketing description

800 S. Casino Center Blvd. is a ±700 SF freestanding commercial building on a ±0.04-acre lot, ideally positioned at the hard corner of Casino Center Boulevard and Gass Avenue in the heart of Downtown Las Vegas' Civic & Business District. The property is currently occupied by Noisy Tattoo Studio under a NNN lease with personal guaranty, featuring 3% annual rent escalations and approximately 4 years of remaining term through April 15, 2030. The building features strong street visibility, dedicated pylon signage, and 4 on-site parking spaces. Zoned C-2 (General Commercial), the property supports a broad range of office and retail uses. The offering presents an opportunity to acquire a stabilized, single-tenant NNN investment in one of Las Vegas' most government- and institution-dense corridors.

Investment highlights

  • NNN lease structure with personal guaranty
  • Lease commenced March 15, 2025
  • Lease expires April 15, 2030 (±4 years remaining)
  • Freestanding building at the hard corner of Casino Center Boulevard and Gass Avenue in Downtown Las Vegas
  • Turnkey leased investment with 3% annual escalations and in-place cash flow through April 2030
  • Walking distance to Las Vegas City Hall, Clark County Government Center, the Federal Courthouse, and the Regional Justice Center

Listing Contacts

MDL Group
LR
NV 0188531
MDL Group
MG
NV 0186326
MDL Group
Listed by MDL Group

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$35,844.00
$2,987.00/mo

Valuation Metrics

0
DSCR
6.13%
Cap Rate
6.13%
ROI

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Additional Information

Name
Hayim Mizrachi, SIOR, CCIM
License
NV 143643
Brokerage Phone
702-340-9600
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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