6889 South Eastern Avenue Office
  • Asking Price
    $2.1MAsking Price
  • Cap Rate
    5.71%Cap Rate
  • Price/SF
    $423.05Price/SF
  • Size
    4,964 SFSize
  • Occupancy
    100%Occupancy
  • Parking Ratio
    5.1Parking Ratio

Description

We offer Condos B and C at Palm Court, 6889 South Eastern Avenue in Las Vegas, as a combined investment opportunity priced at $2,100,000. The two condominiums total approximately 4,964 square feet and are fully occupied by Unifi Aviation in Condo B and Subway in Condo C. The offering carries a stated capitalization rate of 5.71 percent.

The property is part of Palm Court Business Park near the intersection of South Eastern Avenue and East Sunset Road. Its Eastern Avenue frontage provides visibility within the Airport submarket, while the established mix of office and retail occupancy gives investors two distinct tenant operations to review. We invite purchasers to examine the existing leases, condominium documents, operating responsibilities, and tenant arrangements as part of their acquisition evaluation.

Built in 2006, the condominiums have Industrial Park zoning and a stated parking ratio of 5.1 spaces per 1,000 square feet. Combined association fees are $885 per month. Condo B is also offered as a separate purchase option at $1,400,000 for approximately 3,538 square feet; our team can discuss the appropriate transaction scope without requiring a buyer to acquire both units.

The surrounding location offers access to Harry Reid International Airport, the I-15/I-215 interchange, and the Las Vegas Strip. Nearby amenities include Town Square Las Vegas, Sunset Park, and Las Vegas Premium Outlets South. These destinations and transportation connections provide context for assessing the property’s office and retail location. We can arrange further review of the two-unit package or the Condo B option and provide additional information about the sale terms.

Offering Summary

  • Asking Price
    $2,100,000
  • Price PSF
    $423.05
  • Property Type
    Office
  • Size
    4,964 SF
  • Occupancy
    100%
  • Properties
    2
  • Built
    2006
  • Parking
    5.1/1,000

Sale Details

  • Cap Rate
    5.71%

Documents

Property Address

6889 South Eastern Avenue
Las Vegas, NV 89119

Property Details

  • Property Type
    Office
  • Square Feet
    4,964 SF
  • Occupancy
    100%
  • Year Built
    2006
  • Parking Ratio
    5.1
  • Zoning
    IP
  • APN
    177-02-614-080, 177-02-614-081

Deal Team

Jarrad Katz profile image

Jarrad Katz

President | Broker | Principal
MDL Group
Galit Kimerling-moreau profile image

Galit Kimerling-moreau

Senior Vice President
MDL Group