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3511 E Harmon Ave 8,953 SF Office Building Las Vegas, NV 89121 $1,900,000 ($212.22/SF) 8.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Excellent location
- Adequate parking
- Could be medical or general office
EXECUTIVE SUMMARY
Excellent owner user building. Could be medical, church or regular office space. Flexible floor plan with individual offices and meeting space comes with 0.46 acre of land and plenty of parking. Part of five building office park. Also available for lease for $1.50NNN. Current tenant vacates on June 30, 2026. Broker is owner of the property.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$150,840
|
$16.85
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $150,840 |
| Annual Per SF | $16.85 |
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
8,953 SF
Building Class
C
Year Built
2000
Price
$1,900,000
Price Per SF
$212.22
Cap Rate
8.50%
NOI
$161,500
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,953 SF
Building FAR
0.45
Lot Size
0.46 AC
Zoning
C-P
Parking
24 Spaces (2.68 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Nevada State Education Assn
- Services
- -
- $15.00
- Triple Net
- Jun 2026
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Nevada State Education Assn | Services | - | $15.00 | Triple Net | Jun 2026 |
PROPERTY TAXES
| Parcel Number | 161-19-318-006 | Improvements Assessment | $332,988 |
| Land Assessment | $66,626 | Total Assessment | $399,615 |
PROPERTY TAXES
Parcel Number
161-19-318-006
Land Assessment
$66,626
Improvements Assessment
$332,988
Total Assessment
$399,615
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3511 E Harmon Ave
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