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3511 E Harmon Ave 8,953 sq ft Office Property Las Vegas, NV 89121 £1,420,554 (£158.67/sq ft) 8.50% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Excellent location
- Adequate parking
- Could be medical or general office
EXECUTIVE SUMMARY
Excellent owner user building. Could be medical, church or regular office space. Flexible floor plan with individual offices and meeting space comes with 0.46 acre of land and plenty of parking. Part of five building office park. Also available for lease for $1.50NNN. Current tenant vacates on June 30, 2026. Broker is owner of the property.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER sq ft |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
£112,777
|
£12.60
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Net Operating Income | |
|---|---|
| Annual | £112,777 |
| Annual Per sq ft | £12.60 |
PROPERTY FACTS Under Offer
Sale Type
Investment or Owner Occupier
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Property Size
8,953 sq ft
Costar Property Class
C
Year Built
2000
Price
£1,420,554
Price per sq ft
£158.67
Yield
8.50%
NOI
£120,747
Tenancy
Single
Number of Floors
1
Typical Floor Size
8,953 sq ft
Plot ratio
0.45
Total Plot Size
0.46 ac
Use Class
C-P
Parking
24 Spaces (2.68 Spaces per 1,000 sq ft Leased)
AMENITIES
- 24 Hour Access
- Bus Route
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE TYPE
- LEASE END
- Nevada State Education Assn
- Service type
- -
- £11.21
- NNN
- Jun 2026
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE TYPE | LEASE END | |
| Nevada State Education Assn | Service type | - | £11.21 | NNN | Jun 2026 |
PROPERTY TAXES
| Parcel Number | 161-19-318-006 | Improvements Assessment | £248,962 |
| Land Assessment | £49,814 | Total Assessment | £298,776 |
PROPERTY TAXES
Parcel Number
161-19-318-006
Land Assessment
£49,814
Improvements Assessment
£248,962
Total Assessment
£298,776
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3511 E Harmon Ave
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