530 S 6th St - Office FOR SALE


Las Vegas, NV 89101- Downtown Las Vegas
$3,550,000 USD
702-271-3520
530 S 6th St, Las Vegas, NV for Sale
$3,550,000 USD
Office - FOR SALE
1/12
null | 6.78% Cap Rate

530 S 6th St
Las Vegas, NV 89101
Downtown Las Vegas


HIGHLIGHTS

  • Fully Leased with Long-Term Stability – 100% occupied with a newly executed 7-year NNN lease (expires 2031), ensuring steady cash flow.
  • Attractive Cap Rate & Strong NOI – Generates $262,080 in gross income with a 6.27% cap rate (professionally managed) or 6.78% cap rate (self-managed).
  • Recent Full Renovation – Completely remodeled in 2023-2024, offering modern interiors, upgraded systems, and minimal near-term capital expenditures.
  • Prime Downtown Location – Hard-corner site in the heart of Downtown Las Vegas, near courthouses, hospitals, and major business hubs.
  • Rare Private Parking – Gated lot with 20 covered spaces, a highly sought-after amenity in the downtown submarket.
  • Secure & High-Quality Construction – Built with cinder block construction, remote-controlled security shutters, and advanced safety features for added

OVERVIEW

This fully leased, ±8,000 SF office building presents a rare opportunity to acquire a high-quality, turn-key investment in the heart of Downtown Las Vegas. With a newly executed 7-year NNN lease in place, the property generates a reliable annual income of $262,080, offering investors a strong 6.27% cap rate with professional management or an enhanced 6.78% cap rate if self-managed. The tenant, Sierra Sage Recovery Services, is a well-established provider of addiction treatment services, ensuring stability and long-term occupancy. Completely remodeled in 2023-2024, the asset features modern interiors, enhanced security, and a private gated parking lot with 20 covered spaces—an exceptional amenity in the downtown submarket. Strategically located on a high-visibility hard corner, the property benefits from easy access to major highways, the Regional Justice Center, Federal Courthouses, and the bustling Downtown corridor. With no near-term capital improvements required and a reliable tenant in place, this offering provides a truly passive investment with immediate cash flow and long-term value appreciation potential. *Note for potential owner-users: Tenant’s lease has a buy-out provision.

FOR SALE DETAILS

PRICE

$3,550,000 USD

PRICE/SF

$444 USD /SF

CAP RATE

6.78%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

C1, Las Vegas

APN/PARCEL ID

139-34-310-067,139-34-310-068

ASK ABOUT THIS PROPERTY

Robert HatrakHatrak CommercialMore Info
702-271-3520

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Robert HatrakHatrak CommercialMore Info
702-271-3520

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