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- LoopNet Team
197 E California St
Las Vegas, NV 89104
Office Property For Sale
Property Facts
Amenities
- Natural Light
- Reception
- Recessed Lighting
- Drop Ceiling
- Air Conditioning
About 197 E CALIFORNIA ST , LAS VEGAS, NV 89104
This offering is located in the Arts District of Downtown Las Vegas. The building is also within an Opportunity Zone. The asset is being offered at a 7.5% cap rate and lease escalations are likely to result in improved NOI. The project is fully leased to a variety of tenants including food and beverage and professional office users. While all spaces are leased, not all tenants have occupied. The building interiors are built with high specifications and suites are appropriately sized for the submarket. Second and third floor tenants enjoy expansive views of Downtown and the Las Vegas Strip.
Property Taxes
| Parcel Number | 162-03-105-009 | Improvements Assessment | $790,227 |
| Land Assessment | $153,678 | Total Assessment | $943,905 |
Property Taxes
