Property Description
MDL Group is pleased to present 4580 W. Post Road (the “Property”), a well-positioned office building located near the intersection of W. Post Road and S. Decatur Boulevard. The Property consists of a one-story, single- tenant office space designed to accommodate a variety of professional business uses. The surrounding area features a mix of commercial properties, retail outlets, and dining options, providing convenience and amenities for tenants. With a prime location in a busy commercial corridor, the Property benefits from a high traffic count of approximately 45,500 Vehicles Per Day (VPD).
Area Description
The Southwest Las Vegas Submarket, extending from Tropicana Avenue to Blue Diamond Road and just southwest of the I-215 Beltway, is a rapidly growing area with a focus on modern office developments. The submarket includes around 6 million SF of office space, primarily concentrated along Durango Drive and Rainbow Boulevard. Its strategic location near affluent residential areas like Summerlin and Southern Highlands drives strong demand.
Vacancies in the submarket are at 8.2%, slightly below the metro average, while annual rent growth stands at 5.9%, well above the historical average. This growth highlights the submarket’s increasing desirability and its appeal to businesses seeking prime office space in a thriving area.