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1250 Burnham Ave 15,014 SF 47% Leased Office Building Las Vegas, NV 89104 $3,499,000 ($233.05/SF) 5.72% Cap Rate
INVESTMENT HIGHLIGHTS
- Fenced Lot with plenty parking space, easy access from the freeway.
EXECUTIVE SUMMARY
Versatile commercial building featuring office space, a large conference room, banquet area, full equipment, ample parking, and a fully fenced lot with 24-hour access. Conveniently located with easy access to two major freeways.
OWNER FINANCING AVAILABLE WITH FAVORABLE TERMS. Please contact Listing brokers for more information.
OWNER FINANCING AVAILABLE WITH FAVORABLE TERMS. Please contact Listing brokers for more information.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Building Size
15,014 SF
Building Class
B
Year Built
1989
Price
$3,499,000
Price Per SF
$233.05
Cap Rate
5.72%
NOI
$200,000
Percent Leased
47%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,500 SF
Slab To Slab
11’
Building FAR
0.27
Lot Size
1.26 AC
Zoning
C-1, Las Vegas
Parking
93 Spaces (6.68 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Conferencing Facility
- Fenced Lot
- Food Service
- Reception
- Air Conditioning
1 1
Walk Score®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 162-02-515-001 | Improvements Assessment | $472,719 (2025) |
| Land Assessment | $81,643 (2025) | Total Assessment | $554,362 (2025) |
PROPERTY TAXES
Parcel Number
162-02-515-001
Land Assessment
$81,643 (2025)
Improvements Assessment
$472,719 (2025)
Total Assessment
$554,362 (2025)
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1250 Burnham Ave
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