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800 S. Casino Center Boulevard
Las Vegas, NV 89101
Asking Price
$585K
Cap Rate
6.13%
Asset Type
Creative Office Retail
Class
Class B
What's Special
Downtown LV Single-Tenant Investment | $585K | 6.13% Cap <ul><li>NNN lease structure with personal guaranty</li><li>Lease commenced March 15, 2025</li><li>Lease expires April 15, 2030 (±4 years remaining)</li><li>Freestanding building at the hard corner of Casino Center Boulevard and Gass Avenue in Downtown Las Vegas</li><li>Turnkey leased investment with 3% annual escalations and in-place cash flow through April 2030</li><li>Walking distance to Las Vegas City Hall, Clark County Government Center, the Federal Courthouse, and the Regional Justice
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NOI
$80,000
Cap Rate
13.68%
DSCR
2.30
Strong
Cash-on-Cash
25.79%
Monthly Payment
$2,894.261
Annual Cash Flow
$45,268.87
