6175 W Sunset Rd - Office FOR SALE


Las Vegas, NV 89118- Spring Valley
$11,500,000 USD
702-768-6459
6175 W Sunset Rd, Las Vegas, NV for Sale
$11,500,000 USD
Office - FOR SALE
1/13
null | 5.6% Cap Rate

6175 W Sunset Rd
Las Vegas, NV 89118
Spring Valley


HIGHLIGHTS

  • Class A, Two-Tenant Net Lease Office Investment - Prime Southwest Location
  • HIGH TENANT QUALITY - (NASDAQ: GDEN)
  • NEW BUILDING QUALITY AND WALKABLE AMENITIES

OVERVIEW

EXCELLENT SOUTHWEST SUBMARKET LOCATION * Located in the Southwest submarket, which is arguably the best performing office submarket with just ±8.7% vacancy as of 2Q24. * Immediate freeway access at Jones Blvd and I-215 interchange. Less than 3 miles from I-15 interchange. * Surrounded by properties owned and operated by Ultimate Fighting Championship (UFC) which is the largest Mixed Martial Arts promotion in the world. The properties include UFC HQ and UFC Apex, a facility for production for host studio shows and live events. HIGH TENANT QUALITY * Golden Entertainment, Inc. (NASDAQ: GDEN) and its wholly-owned subsidiaries own and operate a diversified entertainment platform, consisting of a portfolio of gaming assets that focus on casino and branded tavern operations. The Company’s portfolio includes eight casino properties located in Nevada, as well as 71 branded taverns targeting local patrons located primarily in the greater Las Vegas, Nevada metropolitan area. * Hawaiian Pacific University (HPU): Founded in 1965, Hawaiian Pacific University is a private university with existing campuses in Hawaii and their new Las Vegas campus. With Las Vegas considered as the “9th Island” due to its large Hawaiian population, Southern Nevada was a logical location for their first expansion beyond Hawaii. The new Las Vegas campus will offer HPU’s new innovative Doctor of Occupational Therapy (OTD) and Doctor of Physical Therapy (DPT) programs. NEW BUILDING QUALITY AND WALKABLE AMENITIES * Built in 2020, the property has been professional maintained minimizing any potential deferred maintenance. * Walkable amenities include Sambalatte, Sierra Gold Tavern, Tropical Smoothie Café and Omakase Kyara Sake Bar and short drive to Town Square, UnCommons, The Arroyo Market Square and the new Durango Station Casino & Resort.

FOR SALE DETAILS

PRICE

$11,500,000 USD

PRICE/SF

$485 USD /SF

CAP RATE

5.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.2 AC

LAND SF

95,832 SF

ZONING

C-2

APN/PARCEL ID

176-02-511-010

ASK ABOUT THIS PROPERTY

Michael HsuCBREMore Info
702-768-6459

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Michael HsuCBREMore Info
702-768-6459

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.