Historical Office Sale Listing - Desert Inn Office Center

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Desert Inn Office Center

2725-2795 E. Desert Inn Road, Las Vegas, NV 89121

N/A

115,778 SF | Office

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Office Property - Off Market

Price:
N/A
Building Size:
115,778 SF
Property Type:
Office
Property Sub-type:
Office Building
Property Use Type:
Investment
Cap Rate:
9.25%
Occupancy:
97%
Tenancy:
Multiple
Lot Size:
6.54 AC
Listing ID
13778254
Last Updated
over 1 year ago

Highlights

  • Beautiful Professional Garden Office Center
  • Stable Tenant Base with Low Rollover
  • Stable Quality Tenant Base Consisting of Professional Office Uses Including Attorneys, Insurance Brokerages, Engineering and Mortgage
  • Computerized HVAC- individually metered for energy management
  • Surface and covered parking provide higher ratio than competing properties in submarket
  • Full Service Gross Leases (with Base Year Expense Pass-through)

Description

Desert Inn (DI) Office Center is a four building, 115,778sf professional garden ofice development located just 3.5 miles from the "Strip". Occupancy and Operational History have been stable. The tenant lease rollover schedule is level. 61% of tenants have resided in DI Office Center for five years of more.

DI Office Center is located in a stable, well-established Las Vegas neighborhood off the Desert Inn arterial, just 3.5 miles from "The Strip", McCarran International Airport and UNLV. The corridor experiences high traffic with more than 38,000 cars/day on Desert Inn. The location is emerging as a medical corridor with many physician-owned buildings and a new Orthopoedic Center.

Map of 2725-2795 E. Desert Inn Road, Las Vegas, NV 89121

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Created 9/25/2003