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Investment Highlights
- Sale Type: Owner User -Investment
- Building Size: 10,741 Sf
- Year Built: 2006
- Property Type: Office/Flex Space Possibilites/Medical
- Building Class: B
Executive Summary
ONLY $232 PER SQUARE FOOT – Exceptional Owner-User or Investment Opportunity with Significant Upside Potential
Opportunities like this are becoming increasingly rare in the Henderson market. Offered at just $223 per square foot, 1130 Wigwam Parkway presents an exceptional value proposition for both owner-users and investors seeking a high-quality commercial asset with immediate flexibility and long-term appreciation potential.
Located within the established Traverse Pointe Commerce Center, this ±10,741 square foot commercial building is being offered vacant upon close of escrow or current law firm may lease back short term providing a purchaser with the freedom to immediately occupy the property, lease it to one or multiple tenants, or reposition it to maximize returns. At current market rental rates, investors may achieve an estimated cap rate approaching 9%, creating a compelling income opportunity in today's market. There are multiple entrances to this property and can be divided into two separate spaces.
The property features approximately 6,444 square feet of professional office space thoughtfully designed with numerous private offices, conference rooms, collaborative workspaces, reception area, breakroom, and support areas. An additional 1,300-square-foot office suite with a separate entrance offers the flexibility for a secondary tenant, executive offices, satellite operations, or additional rental income.
A standout feature of the property is its approximately 3,000 square feet of warehouse/flex space with approximately 14-foot clear height. Currently utilized for storage, this area presents a valuable opportunity for expansion and could potentially be converted into additional office space, allowing a future owner to increase the building's functional square footage and overall value. This unique office-plus-warehouse configuration is increasingly difficult to find and appeals to a broad range of professional, medical, technology, service, and operational users.
Situated on approximately 1.12 acres, the property offers ample parking with 41 spaces, including 18 covered stalls, providing convenience for employees, customers, and tenants alike. The rear of the property connects directly to a public walking and biking trail, creating an attractive amenity rarely found in commercial properties.
Strategically positioned between Stephanie Street and Gibson Road with immediate access to both Interstate 215 and Interstate 515, the property offers outstanding connectivity throughout the Las Vegas Valley. The CC (Community Commercial) zoning further enhances flexibility by allowing a variety of commercial uses.
Whether you're an owner-user seeking a headquarters location at a price well below replacement cost or an investor looking for a value-add asset with strong income potential, 1130 Wigwam Parkway represents one of the most compelling commercial opportunities currently available in the market.
Opportunities like this are becoming increasingly rare in the Henderson market. Offered at just $223 per square foot, 1130 Wigwam Parkway presents an exceptional value proposition for both owner-users and investors seeking a high-quality commercial asset with immediate flexibility and long-term appreciation potential.
Located within the established Traverse Pointe Commerce Center, this ±10,741 square foot commercial building is being offered vacant upon close of escrow or current law firm may lease back short term providing a purchaser with the freedom to immediately occupy the property, lease it to one or multiple tenants, or reposition it to maximize returns. At current market rental rates, investors may achieve an estimated cap rate approaching 9%, creating a compelling income opportunity in today's market. There are multiple entrances to this property and can be divided into two separate spaces.
The property features approximately 6,444 square feet of professional office space thoughtfully designed with numerous private offices, conference rooms, collaborative workspaces, reception area, breakroom, and support areas. An additional 1,300-square-foot office suite with a separate entrance offers the flexibility for a secondary tenant, executive offices, satellite operations, or additional rental income.
A standout feature of the property is its approximately 3,000 square feet of warehouse/flex space with approximately 14-foot clear height. Currently utilized for storage, this area presents a valuable opportunity for expansion and could potentially be converted into additional office space, allowing a future owner to increase the building's functional square footage and overall value. This unique office-plus-warehouse configuration is increasingly difficult to find and appeals to a broad range of professional, medical, technology, service, and operational users.
Situated on approximately 1.12 acres, the property offers ample parking with 41 spaces, including 18 covered stalls, providing convenience for employees, customers, and tenants alike. The rear of the property connects directly to a public walking and biking trail, creating an attractive amenity rarely found in commercial properties.
Strategically positioned between Stephanie Street and Gibson Road with immediate access to both Interstate 215 and Interstate 515, the property offers outstanding connectivity throughout the Las Vegas Valley. The CC (Community Commercial) zoning further enhances flexibility by allowing a variety of commercial uses.
Whether you're an owner-user seeking a headquarters location at a price well below replacement cost or an investor looking for a value-add asset with strong income potential, 1130 Wigwam Parkway represents one of the most compelling commercial opportunities currently available in the market.
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Building Size
10,741 SF
Building Class
B
Year Built
2006
Price
$2,500,000
Price Per SF
$232.75
Tenancy
Single
Building Height
1 Story
Typical Floor Size
10,741 SF
Building FAR
0.22
Lot Size
1.12 AC
Zoning
CC, Henderson - \
Parking
41 Spaces (3.82 Spaces per 1,000 SF Leased)
Amenities
- Courtyard
- Skylights
- Wheelchair Accessible
- Reception
- Storage Space
- Air Conditioning
- Smoke Detector
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 178-15-710-048 | Improvements Assessment | $441,432 |
| Land Assessment | $216,005 | Total Assessment | $657,437 |
Property Taxes
Parcel Number
178-15-710-048
Land Assessment
$216,005
Improvements Assessment
$441,432
Total Assessment
$657,437
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Contact the Sale Advisor
Office Bldg | 1130 Wigwam Pky



