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2850 S Jones Blvd 2,479 SF Office Condo Unit Offered at $950,000 in Las Vegas, NV 89146
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | No. Parking Spaces | 5 |
| Cap Rate | 6.48% | Sale Conditions | 1031 Exchange, Sale Leaseback |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.48% |
| No. Parking Spaces | 5 |
| Sale Conditions | 1031 Exchange, Sale Leaseback |
Description
This property features 7 Private offices, 1 conference room, bullpen, kitchenette and storage room and 2 bathrooms.
Parking: 5 covered assigned stalls.
Parking: 5 covered assigned stalls.
Sale Notes
Office Condominium at 2850 S.? Jones Blvd, Las Vegas, NV 89146
Presenting this lucrative investment opportunity in the heart of Las Vegas! This single-tenant office condominium offers a long-term NNN lease structure with built-in annual rent increases, ensuring a strong return on investment.? Tenant manages a chain of 8 restaurants across 5 states. They have been leasing at this location for over 5 years.
Owner occupiers welcome - current tenant can vacate the property with a 90 day notice given by the purchaser.
Situated in the established Spring Valley submarket of Las Vegas, the property boasts high daytime population and positive growth trends, ensuring sustained tenant demand.? Benefit from a prime location along South Jones Boulevard, surrounded by strong residential density, nearby employment centers, and major transportation corridors for convenience.? Ideal for an 1031 buyer seeking a secure income stream, this office condominium with two renewal options is a prime asset in a thriving commercial hub.?
Current User can vacate the property with a 90 day notice if the buyer wants to owner-occupy the suite.
Presenting this lucrative investment opportunity in the heart of Las Vegas! This single-tenant office condominium offers a long-term NNN lease structure with built-in annual rent increases, ensuring a strong return on investment.? Tenant manages a chain of 8 restaurants across 5 states. They have been leasing at this location for over 5 years.
Owner occupiers welcome - current tenant can vacate the property with a 90 day notice given by the purchaser.
Situated in the established Spring Valley submarket of Las Vegas, the property boasts high daytime population and positive growth trends, ensuring sustained tenant demand.? Benefit from a prime location along South Jones Boulevard, surrounded by strong residential density, nearby employment centers, and major transportation corridors for convenience.? Ideal for an 1031 buyer seeking a secure income stream, this office condominium with two renewal options is a prime asset in a thriving commercial hub.?
Current User can vacate the property with a 90 day notice if the buyer wants to owner-occupy the suite.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 2 | 2,479 SF | Office | $950,000 ($383.22/SF) | $61,544 |
Unit 2
| Unit Size |
| 2,479 SF |
| Condo Use |
| Office |
| Price |
| $950,000 ($383.22/SF) |
| NOI |
| $61,544 |
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Unit 2
| Unit Size | 2,479 SF |
| Condo Use | Office |
| Price | $950,000 ($383.22/SF) |
| NOI | $61,544 |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.48% |
| No. Parking Spaces | 5 |
| Sale Conditions | 1031 Exchange, Sale Leaseback |
| Description | |
| This property features 7 Private offices, 1 conference room, bullpen, kitchenette and storage room and 2 bathrooms. <br> <br> Parking: 5 covered assigned stalls.</li></ul> | |
| Sale Notes | |
| Office Condominium at 2850 S.? Jones Blvd, Las Vegas, NV 89146<br> Presenting this lucrative investment opportunity in the heart of Las Vegas! This single-tenant office condominium offers a long-term NNN lease structure with built-in annual rent increases, ensuring a strong return on investment.? Tenant manages a chain of 8 restaurants across 5 states. They have been leasing at this location for over 5 years.<br> <br> Owner occupiers welcome - current tenant can vacate the property with a 90 day notice given by the purchaser. <br> <br> Situated in the established Spring Valley submarket of Las Vegas, the property boasts high daytime population and positive growth trends, ensuring sustained tenant demand.? Benefit from a prime location along South Jones Boulevard, surrounded by strong residential density, nearby employment centers, and major transportation corridors for convenience.? Ideal for an 1031 buyer seeking a secure income stream, this office condominium with two renewal options is a prime asset in a thriving commercial hub.?<br> <br> Current User can vacate the property with a 90 day notice if the buyer wants to owner-occupy the suite.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 2,479 SF | Typical Floor Size | 2,479 SF |
| Property Type | Office (Condo) | Year Built | 2004 |
| Building Class | B | Lot Size | 0.12 AC |
| Floors | 1 | Parking Ratio | 4.03/1,000 SF |
| Total Building Size | 2,479 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 2,479 SF |
| Year Built | 2004 |
| Lot Size | 0.12 AC |
| Parking Ratio | 4.03/1,000 SF |
Amenities
- 24 Hour Access
- Bus Line
- Signage
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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2850 S Jones Blvd
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