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3300 N Cimarron Rd 28,545 SF Office Building Las Vegas, NV 89129 $7,107,705 ($249/SF)
Executive Summary
Cushman & Wakefield US, Inc. is pleased to present for acquisition, one fully vacant office building located within Cheyenne Corporate Center; 3300 N. Cimarron Rd. (Building Five). Building Five is one of nine buildings located within a mixed-use campus consisting of office, medical office, and retail tenants.
The entire campus consists of ±321,245 square feet across nine parcels and is managed by a commercial association that controls the common areas. With the commercial association in place, minimal management is left to the owners of the building. Additional occupiers within the center are the State of Nevada Physical Therapy Board, SimonMed, Davita, Nevada Eye Care Professionals, Malone-Davis Neurology, and Dennett Winspear Attorneys at Law.
Building Five was previously leased for call center and training use, and represents an excellent investment opportunity priced well below replacement cost. Perimeter offices, open training areas, outdoor space, and opportunity for grade-level doors, are attributes that can be utilized as-is, or with minimal modification.
The entire campus consists of ±321,245 square feet across nine parcels and is managed by a commercial association that controls the common areas. With the commercial association in place, minimal management is left to the owners of the building. Additional occupiers within the center are the State of Nevada Physical Therapy Board, SimonMed, Davita, Nevada Eye Care Professionals, Malone-Davis Neurology, and Dennett Winspear Attorneys at Law.
Building Five was previously leased for call center and training use, and represents an excellent investment opportunity priced well below replacement cost. Perimeter offices, open training areas, outdoor space, and opportunity for grade-level doors, are attributes that can be utilized as-is, or with minimal modification.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
28,545 SF
Building Class
B
Year Built
2000
Price
$7,107,705
Price Per SF
$249
Tenancy
Single
Building Height
1 Story
Typical Floor Size
28,545 SF
Building FAR
0.19
Lot Size
3.51 AC
Zoning
C-1 - Limited Commercial, City of Las Vegas
Parking
144 Spaces (5.04 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Controlled Access
- Signage
Moderately walkable
60/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 138-09-821-008 | Improvements Assessment | $810,017 |
| Land Assessment | $940,769 | Total Assessment | $1,750,786 |
Property Taxes
Parcel Number
138-09-821-008
Land Assessment
$940,769
Improvements Assessment
$810,017
Total Assessment
$1,750,786
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