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2727 S Rainbow Blvd 21,900 SF Office Building Las Vegas, NV 89146 $6,000,000 ($273.97/SF) 7.63% Cap Rate
INVESTMENT HIGHLIGHTS
- ±21,900 SF For Sale
- High Visibility
- Engineering group occupying whole building in a NNN lease until 5/31/2030
- ±1.51 AC
- Single-Tenant Fully Leased NNN Investment
- Excellent frontage on S. Rainbow Blvd.
EXECUTIVE SUMMARY
Current tenant occupying whole building on a NNN lease until 2030. Tenant could be relocated if owner user is interested or would move into approximately 9,000 SF.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
21,900 SF
Building Class
B
Year Built
1991
Price
$6,000,000
Price Per SF
$273.97
Cap Rate
7.63%
NOI
$457,800
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
10,950 SF
Slab To Slab
12’
Building FAR
0.33
Lot Size
1.51 AC
Zoning
C-P, County
Parking
16 Spaces (4.1 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
1 1
PROPERTY TAXES
| Parcel Number | 163-10-604-004 | Improvements Assessment | $682,338 |
| Land Assessment | $368,346 | Total Assessment | $1,050,684 |
PROPERTY TAXES
Parcel Number
163-10-604-004
Land Assessment
$368,346
Improvements Assessment
$682,338
Total Assessment
$1,050,684
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2727 S Rainbow Blvd
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