3300 N Cimarron Rd - Office FOR SALE


Las Vegas, NV 89129- Lone Mountain
$7,653,000 USD
702-340-8666
3300 N Cimarron Rd, Las Vegas, NV for Sale
$7,653,000 USD
Office - FOR SALE
1/6
null | 7.5% Cap Rate

3300 N Cimarron Rd
Las Vegas, NV 89129
Lone Mountain


OVERVIEW

Cushman & Wakefield US, Inc. is pleased to present for acquisition, one fully leased 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, with a lease that expires in June, 2030. The entire campus consists of ±321,245 square feet across nine parcels and is managed by a commercial association that controls the common areas. Therefore, minimal management is left to the owners of the building. Additional occupiers within the center are the State of Nevada Physical Therapy Board, Davita, and Dennett Winspear Attorneys at Law. Building Five is 100% leased to TPx Communications for call center and training use, and represents an excellent investment opportunity priced well below replacement cost. Additionally, for more than 20 years, the tenant has also leased space in Building One. In total, the tenant leases 39,478sf in the Center and has an antenna at both properties and the use of a generator at Building One. Medical drivers in the immediate vicinity include the ±425-bed MountainView Hospital (Sunrise Health System), and the Optum (United HealthGroup) multi-building campus. Cheyenne Corporate Center has easy access to US-95 (one mile East) and I-215 (3.5 miles West) and is centrally located for the North, Northwest, and West trade areas.

FOR SALE DETAILS

PRICE

$7,653,000 USD

PRICE/SF

$259 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

144

LAND DETAILS

LAND ACRES

3.51 AC

LAND SF

152,896 SF

ZONING

C-1

APN/PARCEL ID

138-09-821-008

ASK ABOUT THIS PROPERTY

Marlene Fujita WinkelCushman & WakefieldMore Info
702-340-8666

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Marlene Fujita WinkelCushman & WakefieldMore Info
702-340-8666

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.