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2850 S Jones Blvd 1,500 SF Office Condo Unit Offered at $1,492,442 CAD in Las Vegas, NV 89146

1 Unit Available
Unit 2
| Unit Size | 1,500 SF | Cap Rate | 5.60% |
| Price | $1,492,442 CAD | NOI | $83,576.75 CAD |
| Price Per SF | $994.96 CAD | No. Parking Spaces | 5 |
| Condo Use | Office | Sale Conditions | 1031 Exchange, Sale Leaseback |
| Sale Type | Investment or Owner User |
| Unit Size | 1,500 SF |
| Price | $1,492,442 CAD |
| Price Per SF | $994.96 CAD |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.60% |
| NOI | $83,576.75 CAD |
| No. Parking Spaces | 5 |
| Sale Conditions | 1031 Exchange, Sale Leaseback |
Description
This property features 7 Private offices, 1 conference room, bullpen, kitchenette and storage room and 2 bathrooms.
Parking: 5 covered assigned stalls.
Sale Notes
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.? Tenant manages a chain of 8 restaurants across 5 states. They have been leasing at this location for over 5 years.
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.?
Current User can vacate the property with a 90 day notice if the buyer wants to owner-occupy the suite.
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Property Facts
| Total Building Size | 2,479 SF | Typical Floor Size | 2,479 SF |
| Property Type | Office (Condo) | Year Built | 2004 |
| Building Class | B | Lot Size | 0.12 AC |
| Floors | 1 | Parking Ratio | 4.03/1,000 SF |
| Total Building Size | 2,479 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 2,479 SF |
| Year Built | 2004 |
| Lot Size | 0.12 AC |
| Parking Ratio | 4.03/1,000 SF |
Amenities
- 24 Hour Access
- Bus Line
- Signage
Presented by
2850 S Jones Blvd
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