2600 Westwood Dr, Las Vegas, NV 89109

3,736 SF | 100% Leased | Office Building | Las Vegas, NV 89109 | $1,400,000 ($375/SF) | 6.25% Cap Rate

Asking Price $1,400,000

Property Type
Office
Square Feet
3,736 SF
Price / Square Foot
$375

Listing Contacts

Mike Gutierrez
Mike Gutierrez
  • Property Info

Property Overview

Location, Location, Location! I-15 and Sahara is considered the center of Las Vegas. The Industrial / Office property faces the I-15 and to the east is Las Vegas Blvd. The site offers strip views north and south. There are two parcels associated with this property. 2600 Westwood is .25 +/- acres and houses 3,736 Sq Ft of high end built out offices which can be separated into two offices or used as one. 2602 Westwood is .23 +/- acres which can be used as extra parking or outside secured yard space. The total of both parcels is .48 +/- acres right in the center of Las Vegas. There are two separate power meters and the offices can easily be demised into two separate offices. At present the owner has two companies leasing the offices paying $4000.00 per month each or $8,000.00 per month total. The leases run concurrently and are for one year with two - 1 year options. The leases expire on December 31st, 2024 and have one - 1 year option to renew left.
The owner has spared no expense in the most recent renovation as you can tell by the photos. The offices are oversized and tastefully done with access to front and rear parking from three offices. The building comes with 4 restrooms including a private executive bathroom with a shower. Other amenities include electric rolling shutters on the front doors and windows for extra protection as well as the entire lot is secure with chain links so that no one can park on the property after hours.
*****Showings are by appointment only.*****

Property Details

Class
C
Year Built/Renovated
1964/2015
Stories
1
Lot Size (sq. ft)
20,909 SF

Highlights

  • Central Location
  • High end Offices (4 rest rooms with private shower)
  • Ability to demise into two offices or combine as one (Two separate power meters)
  • Outside yard space for storage as building sits in industrial zoning
  • Excess parking
  • Las Vegas Strip views north and south.

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