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8870 S Maryland Pky 5,428 SF 84% Leased Office Building Las Vegas, NV 89123 $2,772,646 CAD ($510.80 CAD/SF) 7% Cap Rate
Investment Highlights
- 1 mile from the freeway
- Ample parking (both covered and uncovered)
- Built in 2005
- Zoned Commercial General (CG) - allowing for office or retail uses
Executive Summary
Scottsdale Plaza in central Las Vegas offers a unique opportunity for business owners and investors to buy freestanding buildings while benefiting from existing tenant rental income. The sale includes 2 office buildings aimed at owner-users wanting to locate their business in a vibrant, well-maintained mixed-use setting. The plaza features convenient amenities such as a new Dunkin, 24 Tesla Supercharging Stations, restaurants, and a convenience store, all within walking distance. The project is located 1 mile from the freeway and was built in 2005. It boasts ample parking (both covered and uncovered) and is zoned Commercial General (CG), allowing for office or retail uses. Scottsdale Plaza is ideal for those seeking to own their workspace in a professional, community-focused environment.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
5,428 SF
Building Class
B
Year Built
2007
Price
$2,772,646 CAD
Price Per SF
$510.80 CAD
Cap Rate
7%
NOI
$194,085 CAD
Percent Leased
84%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,428 SF
Building FAR
0.02
Lot Size
5.94 AC
Zoning
C-1, County - Commercial General (CG)
Amenities
- Bus Line
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
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8870 S Maryland Pky
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