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Bldg 100 3650 S Eastern Ave 9,200 SF 78% Leased Office Building Las Vegas, NV 89169 $2,147,213 CAD ($233.39 CAD/SF) 7.54% Cap Rate

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EXECUTIVE SUMMARY

Fully leased medical/office CONDO complex with multiple tenants—prime investment near the heart of Las Vegas. Just off Las Vegas Blvd, close to hospital and convention center. Only $156 per square foot. (It will cost more than double to replace it) Three 1-story buildings on 8 separate parcels. Zoned C-P. 47 parking spaces. Built in 1984. THIS CONDO IS SELLING FOR HALF PRICE COMPARED TO MOST CONDOS OFFICES IN LAS VEGAS VALLEY.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $197,326 $21.45
Other Income - -
Vacancy Loss - -
Effective Gross Income $197,326 $21.45
Taxes $11,414 $1.24
Operating Expenses $24,878 $2.70
Total Expenses $36,292 $3.94
Net Operating Income $161,034 $17.50

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $197,326
Annual Per SF $21.45
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $197,326
Annual Per SF $21.45
Taxes (CAD)
Annual $11,414
Annual Per SF $1.24
Operating Expenses (CAD)
Annual $24,878
Annual Per SF $2.70
Total Expenses (CAD)
Annual $36,292
Annual Per SF $3.94
Net Operating Income (CAD)
Annual $161,034
Annual Per SF $17.50

PROPERTY FACTS

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
9,200 SF
Building Class
B
Year Built
1984
Price
$2,147,213 CAD
Price Per SF
$233.39 CAD
Cap Rate
7.54%
NOI
$161,843 CAD
Percent Leased
78%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,061 SF
Parking
22 Spaces (10.67 Spaces per 1,000 SF Leased)

AMENITIES

  • Central Heating
  • Fully Carpeted
  • Natural Light
  • Hardwood Floors
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • One Realco Corporation
  • Services
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
One Realco Corporation Services - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 162-13-213-002
  • 162-13-213-003
  • 162-13-213-008
  • 162-13-213-004
  • 162-13-213-006
  • 162-13-213-001
  • 162-13-213-007
  • 162-13-213-005
Land Assessment
$118,916 CAD (2025)
Improvements Assessment
$316,720 CAD (2025)
Total Assessment
$435,636 CAD (2025)
Annual Taxes
$11,414 CAD ($1.24 CAD/SF)
Tax Year
2024
  • Listing ID: 35763025

  • Date on Market: 2025-05-06

  • Last Updated:

  • Address: 3650 S Eastern Ave, Las Vegas, NV 89169

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