Commercial Real Estate Sales in Las Vegas

How value is set: NOI and cap rate

Income property is priced mostly on the money it produces. Start with net operating income (NOI) — rental income minus operating expenses — then divide by a market capitalization (cap) rate to estimate value. Cap rates move with asset class, location, tenant credit, and remaining lease term, which is why an honest rent roll and clean expenses matter so much. For leased assets, ongoing NNN lease administration and CAM reconciliation protect the NOI a buyer is paying for.

The sale process, step by step

For sellers, a disciplined process runs from a broker opinion of value, to positioning and marketing, to fielding and negotiating offers, through buyer due diligence and closing. For buyers, it runs from defining criteria and sourcing on- and off-market deals, to a letter of intent, to financing and due diligence, to close. We represent both sides across industrial, retail, office, multi-family, and flex.

1031 exchanges and tax deferral

Investors selling appreciated property can often defer capital-gains tax through a 1031 exchange, which generally requires identifying replacement property within 45 days and closing within 180 days. We help coordinate the timeline and source replacement assets — though the tax specifics belong with your qualified tax advisor and a qualified intermediary.

Due diligence that protects you

Before you commit, the details decide the deal: leases and tenant estoppels, historical financials, title and survey, environmental review, zoning and permitted use, and the physical condition of the building. Missing one can turn a good price into a bad deal. If you plan to occupy the building yourself, compare the path on our owner-user industrial guide, and once you own income property, our property management team can run it.