Historical Office Sale Listing - 101 Convention Center Drive

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101 Convention Center Drive

101 Convention Center Dr., Las Vegas, NV 89109

N/A

30,369 SF | Office

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Office Property - Off Market

Price:
N/A
Building Size:
30,369 SF
Property Type:
Office
Property Sub-type:
Office Building
Property Use Type:
Investment
Distressed:
Yes
Commission Split:
0.5%
Cap Rate:
6.54%
Occupancy:
40%
Building Class:
B
Tenancy:
Multiple
Year Built:
1977
Lot Size:
3.30 SF
APN / Parcel ID:
162-09-805-017
Parking Ratio:
3.84 / 1,000 SF
Listing ID
17278677
Last Updated
over 1 year ago

Highlights

  • Offer Deadline August 25, 2011
  • Lender Authorized Short Sale
  • Offered well below replacement cost
  • Central location with immediate access to the Las Vegas Convention Center
  • Represents the only high-rise office building in the trade area with large contiguous floors
  • Structured/covered parking is an unusual feature for this product class and is appealing to tennats

Description

CB Richard Ellis is the exclusive broker for 101 Convention Center Drive; an excellent opportunity for an investor to acquire a Class B 306,369 square foot office property. The property consists of two (2) office buildings; a two-story plaza component with 104,524 square feet of office space and a twelve-story office tower with 201,845 square feet situated on 3.30 acres of land.

The property is centrally located with immediate access to the Las Vegas Convention Center and Las Vegas Strip. The population base within a 5-mile radius of the property exceeds 450,000 residents.

Map of 101 Convention Center Dr., Las Vegas, NV 89109 (Clark County)

Research for 101 Convention Center Dr., Las Vegas, NV 89109 (Clark County)

  • Demographics – Population, income & other demographics near 101 Convention Center Dr.
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building

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Created 8/5/2011