702-349-6041
10785 W Twain Ave, Las Vegas, NV for Sale
Office - FOR SALE
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10785 W Twain Ave
Las Vegas, NV 89135


HIGHLIGHTS

  • INSTITUTIONAL-QUALITY CLASS A OWNER-USER OPPORTUNITY WITH IN-PLACE INCOME AND BUILDING SIGNAGE AVAILABLE
  • EXCEPTIONAL MARKET FUNDAMENTALS WITH LONG-TERM UPSIDE
  • UNRIVALED AMENITY-RICH LOCATION IN SUMMERLIN

OVERVIEW

INSTITUTIONAL-QUALITY CLASS A OWNER-USER OPPORTUNITY WITH IN-PLACE INCOME AND BUILDING SIGNAGE AVAILABLE * HIGH-IMAGE OFFICE OFFERING | Located within the Sienna Gardens Office Park, 10785 W. Twain offers quality construction with stucco facade, extensive glass lines with sweeping views of the Las Vegas Strip and the stunning Spring Mountains, recently renovated interior with high-end, modern finishes, and considerable freeway visibility. * FLEXIBLE OWNER-USER OCCUPANCY | The property offers an owner-user the option to occupy space on the second floor. * TREMENDOUS IN-PLACE INCOME | The in-place leases provide an annual in-place income of $583,677. The NNN leases offer ease of ownership and stable cash flow. EXCEPTIONAL MARKET FUNDAMENTALS WITH LONG-TERM UPSIDE * According to the Las Vegas Global Economic Alliance, “the region routinely ranks at or near the nation’s highest in growth and investment and is currently experiencing population growth at three times the national average. Over 10,000 businesses and more than 180,000 jobs have been created in Clark County since 2011.” * Over the past year, there has been an influx of companies outside of the market that persist to survey the valley to either relocate or expand their businesses, mainly in part due to its business-friendly and favorable tax environment. * Las Vegas added approximately 41,500 jobs year-over-year, illustrating a growth of 3.6%, which is more than both the Nevada and national growth rates, at 3.4% and 1.6% respectively. Additionally, Nevada ranked second in job growth among all states. The primary driver of office demand is an uptick in office-related employment. UNRIVALED AMENITY-RICH LOCATION IN SUMMERLIN * The Class A office building is located off S. Town Center Drive via W. Twain Avenue at a signalized intersection with excellent access to I-215. The property is within walking distance to the 215 Freeway which connects Summerlin and Henderson, the two main residential communities in the Las Vegas Valley. This location offers superior regional connectivity and convenient commute for Las Vegas and Henderson residents. * S. Town Center Dr. is an established office/ retail/residential area with proximity to nearby amenities. Within a 2.5-mile radius, there are 300+ restaurants/fast food locations, 82,417 population, and an average annual household income of $115,611. * The project is within ±9 miles to the Las Vegas Strip which includes 41+ hotels, shows and attractions, Allegiant Stadium, T-Mobile Arena, and ±13,687,870 SF of convention space.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Twain Office

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

77

LAND DETAILS

LAND ACRES

1.75 AC

LAND SF

76,230 SF

ZONING

C-2 (County)

APN/PARCEL ID

164-13-212-027

ASK ABOUT THIS PROPERTY

702-349-6041

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702-349-6041

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