8766 Maryland PkwyLas Vegas, NV 89123

For Sale
$1,753,375

Las Vegas Executive Office Investment

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional Las Vegas office building, part of the Scottsdale Plaza complex, presents a compelling investment opportunity. Located at 8766 S Maryland Pkwy, Las Vegas, NV 89123, this Class C, 5,395 square foot building is currently 29.56% occupied, offering significant upside potential. The property features seven units across one building, with three existing tenants generating a net operating income (NOI) of $25,622. The asking price is $1,753,375, translating to $325 per square foot. Built in 2005, this freestanding building benefits from a gross lease structure and is situated in a vibrant mixed-use environment. Convenient amenities include a nearby Dunkin', Tesla Supercharging stations, restaurants, and a convenience store. Ample parking, both covered and uncovered, is available. The Commercial General (CG) zoning allows for flexible office or retail uses. The property's proximity to the freeway (one mile) enhances its accessibility and appeal. This is an ideal opportunity for owner-users seeking a prime location or investors looking to capitalize on the potential for increased occupancy and rental income. The building offers a unique blend of established tenancy and significant vacancy, presenting a chance to shape the future of this thriving commercial space.

Highlights

  • List Price: $1,753,375 ($325/SF)
  • Building Size: 5,395 SF
  • Occupancy: 29.56%, Vacancy: 70.44%
  • Net Operating Income (NOI): $25,622.95

Property Details for 8766 Maryland Pkwy

Property type
Other office properties, Office properties
Square Feet
5,395 SF
Class
C
Buildings
1
Units
7

Location Insight

City
Las Vegas
County
Clark
State
Nevada
Latitude
36.0300609
Longitude
-115.13441
8766 Maryland Pkwy, Las Vegas, Nevada

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8766 Maryland Pkwy
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