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215 Beltway & Stephanie Street 50 S Stephanie St 13,721 SF Office Building Henderson, NV 89012 $5,529,876 ($403.02/SF) 6.30% Cap Rate

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Investment Highlights

  • * High-Visibility Office Building off the 215 & Stephanie Exit
  • * Great View of Strip from 2nd Story
  • * Popular Henderson Submarket
  • * Nice Interior Finishes
  • *  Heavy Traffic Location
  • * Ample Parking

Executive Summary

Great investment opportunity. Building consists of two parcels (1st floor & second floor). Conveniently located at the NE corner of Stephanie Street and Paseo Verde Pkwy, just one block south of 215 Beltway. Built in 2008 and renovated in 2014, this building is in good condition and well-maintained. The property features nice finishes, common area bathrooms, elevator, low maintenance common area landscaping, and abundant parking. This location is in close proximity to numerous restaurants, retail, hospitals, hotels, medical and office businesses, and affluent neighborhoods.
Current tenants include an online sales office, financial services, healthcare service, and law offices. Call for more information.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Building Size
13,721 SF
Building Class
B
Year Built/Renovated
2008/2014
Price
$5,529,876
Price Per SF
$403.02
Cap Rate
6.30%
NOI
$348,382
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,861 SF
Slab To Slab
12’
Building FAR
0.09
Lot Size
3.46 AC
Zoning
CO - CO (Office Commercial). Zoned for medical & commercial office space.
Parking
59 Spaces (4.3 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Signage
  • Air Conditioning
  • Balcony

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Real Estate
  • -
  • -
  • -

Founded by Joseph DeSimone Jr. in 1996, First Federal Realty DeSimone provides extraordinary real estate services in the Southern Nevada marketplace. As a development, brokerage, and real estate investment firm, First Federal provides clients and investors with premier representation and maintains a reputation of achieving exceptional results. In the commercial real estate marketplace, First Federal Realty DeSimone specializes in development, sales, and leasing—both as principals and brokers. Over the years, clients have entrusted our professionals to craft a commercial portfolio from start to finish. As project developers, First Federal Realty DeSimone has completed more than six professional office complexes incorporating community needs analysis, financing, public-private partnerships, site selection analysis and acquisition, feasibility studies, municipal approvals, architectural design, supervision, lease and sale procurement, and property management.

Tenant Industry SF Occupied Rent/SF Lease End
Real Estate - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 103
  • 1,320 SF
  • Office
  • -
  • Feb 2026
  • 2nd Fl-Ste 203
  • 1,805 SF
  • Office
  • -
  • May 2026
Space Size Space Use Condition Available
1st Fl-Ste 103 1,320 SF Office - Feb 2026
2nd Fl-Ste 203 1,805 SF Office - May 2026

1st Fl-Ste 103

Size
1,320 SF
Space Use
Office
Condition
-
Available
Feb 2026

2nd Fl-Ste 203

Size
1,805 SF
Space Use
Office
Condition
-
Available
May 2026

2nd Fl-Ste 203

Size 1,805 SF
Space Use Office
Condition -
Available May 2026

Walk Score®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 178-22-118-016
  • 178-22-118-019
Land Assessment
$100,849
Improvements Assessment
$701,554
Total Assessment
$802,403
  • Listing ID: 37793350

  • Date on Market: 9/23/2025

  • Last Updated:

  • Address: 50 S Stephanie St, Henderson, NV 89012

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