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530 S 6th St 8,000 SF Office Building Las Vegas, NV 89101 $3,450,000 ($431.25/SF) 6.98% Cap Rate



INVESTMENT HIGHLIGHTS
- Fully Leased Passive Investment with Long-Term Stability – 100% occupied with a newly executed 7-year NNN lease (exp 2031) to an established business.
- Recent Full Renovation – Completely remodeled in 2023 & 2024, offering modern interiors, upgraded systems, and minimal near-term capital expenditures.
- Rare Private Parking – Gated lot with 20 covered spaces, a highly sought-after amenity in the downtown submarket.
- Attractive Cap Rate & Strong NOI – Generates $262,080 in gross income with a 6.98% cap rate.
- Prime Downtown Location – Hard-corner site in the heart of Downtown Las Vegas, near courthouses, hospitals, and major business hubs.
- Secure & High-Quality Construction – Built with cinder block construction, remote-controlled security shutters, and advanced safety features.
EXECUTIVE SUMMARY
DOWNTOWN LAS VEGAS
OWNER-USER OR INVESTMENT OPPORTUNITY
This ±8,000 SF office building presents a rare chance to acquire a high-quality, turn-key asset in the heart of Downtown Las Vegas—whether as a cash-flowing investment or as a future home for your own operations.
Currently leased to Sierra Sage Recovery Services under a recently executed NNN lease, the property generates a reliable annual income of $262,080. However, the lease now includes a landlord early-termination clause, granting ownership the flexibility to either enjoy predictable cash flow or provide 60 days’ notice to occupy the building directly.
Completely remodeled in 2023–2024, the building features modern interiors, enhanced security systems, and a private gated parking lot with 20 covered spaces—an amenity almost unheard of in the Downtown submarket. Situated on a highly visible hard corner with unmatched accessibility to the Regional Justice Center, Federal Courthouses, City Hall, and major freeways, the property offers a strategic location ideal for a wide range of professional users.
This offering balances immediate income with the rare ability to transition into an owner-occupied headquarters—making it equally compelling for investors and owner-users.
*Note for potential owner-users: Tenant’s lease allows landlord to provide 60 days’ notice to vacate if the owner wishes to occupy the building.
Virtual Tour: https://my.matterport.com/show/?m=sLQzP1g2i1g
Property Website: https://hatrak.com/530s6th/
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DISCLAIMER: The information provided herein has been obtained from sources deemed reliable; however, it has not been independently verified. No guarantee, warranty, or representation, either express or implied, is made as to its accuracy or completeness. All terms, conditions, pricing, availability, and property details are subject to change or withdrawal without notice. Interested parties are encouraged to conduct their own independent investigation and verification of all information, including but not limited to property condition, zoning, permitted use, financials, and suitability for their specific needs. Any reliance on this information is solely at the recipient’s own risk.
All logos, trademarks, and photos displayed in this listing are the property of their respective owners. Use of these materials without the express written consent of the owner is prohibited and does not imply any affiliation or endorsement. © 2025 Hatrak Commercial. All rights reserved.
OWNER-USER OR INVESTMENT OPPORTUNITY
This ±8,000 SF office building presents a rare chance to acquire a high-quality, turn-key asset in the heart of Downtown Las Vegas—whether as a cash-flowing investment or as a future home for your own operations.
Currently leased to Sierra Sage Recovery Services under a recently executed NNN lease, the property generates a reliable annual income of $262,080. However, the lease now includes a landlord early-termination clause, granting ownership the flexibility to either enjoy predictable cash flow or provide 60 days’ notice to occupy the building directly.
Completely remodeled in 2023–2024, the building features modern interiors, enhanced security systems, and a private gated parking lot with 20 covered spaces—an amenity almost unheard of in the Downtown submarket. Situated on a highly visible hard corner with unmatched accessibility to the Regional Justice Center, Federal Courthouses, City Hall, and major freeways, the property offers a strategic location ideal for a wide range of professional users.
This offering balances immediate income with the rare ability to transition into an owner-occupied headquarters—making it equally compelling for investors and owner-users.
*Note for potential owner-users: Tenant’s lease allows landlord to provide 60 days’ notice to vacate if the owner wishes to occupy the building.
Virtual Tour: https://my.matterport.com/show/?m=sLQzP1g2i1g
Property Website: https://hatrak.com/530s6th/
-----------------
DISCLAIMER: The information provided herein has been obtained from sources deemed reliable; however, it has not been independently verified. No guarantee, warranty, or representation, either express or implied, is made as to its accuracy or completeness. All terms, conditions, pricing, availability, and property details are subject to change or withdrawal without notice. Interested parties are encouraged to conduct their own independent investigation and verification of all information, including but not limited to property condition, zoning, permitted use, financials, and suitability for their specific needs. Any reliance on this information is solely at the recipient’s own risk.
All logos, trademarks, and photos displayed in this listing are the property of their respective owners. Use of these materials without the express written consent of the owner is prohibited and does not imply any affiliation or endorsement. © 2025 Hatrak Commercial. All rights reserved.
PROPERTY FACTS In Escrow
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Building Size
8,000 SF
Building Class
B
Year Built/Renovated
1993/2024
Price
$3,450,000
Price Per SF
$431.25
Cap Rate
6.98%
NOI
$240,810
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,000 SF
Building FAR
0.59
Lot Size
0.31 AC
Zoning
C1, Las Vegas - Limited Commercial District
Parking
40 Spaces (2.5 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
- Fenced Lot
- Signage
- Accent Lighting
- Automatic Blinds
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Sierra Sage Recovery Services
- Health Care and Social Assistance
-
99,999 SF
- -
-
Lorem Ipsum
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Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Sierra Sage Recovery Services | Health Care and Social Assistance | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
1 1
Walk Score®
Walker's Paradise (90)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $259,348 | |
| Land Assessment | $174,877 | Total Assessment | $434,226 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$174,877
Improvements Assessment
$259,348
Total Assessment
$434,226
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530 S 6th St
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