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1785 E Sahara Ave 2 Office Properties Offered at $6,900,000 in Las Vegas, NV
INVESTMENT HIGHLIGHTS
- Rare opportunity to acquire owner/user office buildings with income in place and to occupy one entire building (±38,606 SF - Building One).
- Future capital improvements have been completed by current ownership in 2025, therefore limiting exposure over the next five to ten years or longer.
- Dense, infill location within minutes to US-95 and I-15, the Las Vegas Strip, Downtown Las Vegas, North Las Vegas.
EXECUTIVE SUMMARY
Cushman & Wakefield US, Inc. is pleased to present for acquisition two, two-story garden office buildings located at 1785 E. Sahara Avenue in Las Vegas, Nevada.
In total, the Property consists of ±76,832 square feet situated on one large rectangular parcel totaling ±5.04 acres. This investment features increased security via keycard access, increased efficiency and reduced costs with shared restrooms, and a beautiful open-air atrium in the center of each building offering sunlight and fresh air to tenants, clients, and customers.
The Property features a newly constructed pylon sign with excellent visibility along E. Sahara Avenue, a major east-west thoroughfare spanning the Las Vegas valley. Furthermore, the position of the Property between S. Maryland Parkway and S. Eastern Avenue provides phenomenal exposure placing this investment on a highly traveled road with more than 50,000 vehicles per day (“VPD”)!
Three points of ingress/egress along E. Sahara Avenue with ample parking. The Property can be accessed while traveling either direction on E. Sahara by way of a dedicated left turn lane while heading west. With convenience and accessibility at the top of consumer and client’s needs and wants, 1785 Office Center excels.
Currently, the Property is 25% leased to 16 tenants with suites ranging in size from 351 SF to 3,910 SF. Thirteen suites are vacant totaling 27,195 SF.
Recent Capital Improvements:
? Both Buildings Exteriors were painted
? Both Buildings were Re-Roofed with warranty in-place
? Parking Lot was Slurried and Striped
? Pylon Signage Upgraded with New Panels Installed
In total, the Property consists of ±76,832 square feet situated on one large rectangular parcel totaling ±5.04 acres. This investment features increased security via keycard access, increased efficiency and reduced costs with shared restrooms, and a beautiful open-air atrium in the center of each building offering sunlight and fresh air to tenants, clients, and customers.
The Property features a newly constructed pylon sign with excellent visibility along E. Sahara Avenue, a major east-west thoroughfare spanning the Las Vegas valley. Furthermore, the position of the Property between S. Maryland Parkway and S. Eastern Avenue provides phenomenal exposure placing this investment on a highly traveled road with more than 50,000 vehicles per day (“VPD”)!
Three points of ingress/egress along E. Sahara Avenue with ample parking. The Property can be accessed while traveling either direction on E. Sahara by way of a dedicated left turn lane while heading west. With convenience and accessibility at the top of consumer and client’s needs and wants, 1785 Office Center excels.
Currently, the Property is 25% leased to 16 tenants with suites ranging in size from 351 SF to 3,910 SF. Thirteen suites are vacant totaling 27,195 SF.
Recent Capital Improvements:
? Both Buildings Exteriors were painted
? Both Buildings were Re-Roofed with warranty in-place
? Parking Lot was Slurried and Striped
? Pylon Signage Upgraded with New Panels Installed
PROPERTY FACTS
| Price | $6,900,000 | Number of Properties | 2 |
| Price / SF | $89.81 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 76,832 SF |
| Status | Active | Total Land Area | 10.08 AC |
| Price | $6,900,000 |
| Price / SF | $89.81 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 76,832 SF |
| Total Land Area | 10.08 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
The 1785 Office Center #2 - Suites 300s/400s
1785 E Sahara Ave, Las Vegas, NV 89104 |
Office | 38,606 SF | 1979 | - |
|
The 1785 Office Center #1 - Suites 100s/200s
1785 E Sahara Ave, Las Vegas, NV 89104 |
Office | 38,226 SF | 1979 | - |
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1785 E Sahara Ave
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