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7135 W Sahara Ave
Las Vegas, NV 89117
Laborers Union Building MOB · Office Property For Sale
Investment Highlights
- 100% Leased Multi-Tenant Medical Office Asset with a diverse mix of Tenant's anchored by the Laborer's Union Local 872 Headquarters
- Attractive in-place non-recourse debt - MUST BE ASSUMED; 5 Years of I/O then converts to 5 Year / 30 Year Amortization
- Centrally Located asset in a desirable West Las Vegas submarket at the entrance to Summerlin and Southwest with easy access to I-215
- This asset has experienced 100% occupancy since 2018 and features a WALT of 59.80 months and WALR of $22.20 Rent/SF Annually
- Year 1 cash-on-cash return of 9.82% | Average cash-on-cash on a 5-Year hold is 10.08%
Property Facts
Property Type
Office
Property Subtype
Medical
Building Size
29,226 SF
Building Class
B
Year Built/Renovated
1999/2021
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
14,613 SF
Slab To Slab
14’6”
Building FAR
0.34
Lot Size
1.98 AC
Zoning
C-2, County - General Commercial
Parking
102 Spaces (3.39 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | 163-10-502-013 | Improvements Assessment | $1,224,717 |
| Land Assessment | $633,930 | Total Assessment | $1,858,647 |
Property Taxes
Parcel Number
163-10-502-013
Land Assessment
$633,930
Improvements Assessment
$1,224,717
Total Assessment
$1,858,647
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