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Bldg 1 5230 W Patrick Ln 18,334 SF Office Building Las Vegas, NV 89118 $7,300,000 ($398.17/SF)
Investment Highlights
- ±18,334 SF Freestanding Office Building in the Southwest Submarket; Situated on +/- 0.95 Acres
- Built in 2006 and Renovated in 2013
- The interior features modern finishes to include natural stone & glass accents to create a high end professional image & appeal
- Property 100% Occupied Through 01/31/2027
- 32 covered & 26 uncovered parking spaces
- Easy access to I-215 via Decatur Boulevard & I-15 via Russell Road; Centrally located between Summerlin & Henderson communities
Executive Summary
Colliers is pleased to present for sale this ±18,334 SF freestanding office building situated on ±0.95 acres in the Patrick Commons Center. Situated in the Southwest submarket the property is centrally located between the Summerlin & Henderson residential communities with excellent proximity to “The Strip”, Harry Reid International Airport, and the convention centers. This location also provides easy access to I-215 via Decatur Boulevard & I-15 via Russell Road.
Property 100% Occupied Through 01/31/2027.
Property 100% Occupied Through 01/31/2027.
Taxes & Operating Expenses (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$26,422
|
$1.44
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$26,422
|
$1.44
|
Taxes & Operating Expenses (Actual - 2026)
| Taxes | |
|---|---|
| Annual | $26,422 |
| Annual Per SF | $1.44 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $26,422 |
| Annual Per SF | $1.44 |
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
18,334 SF
Building Class
B
Year Built/Renovated
2006/2013
Price
$7,300,000
Price Per SF
$398.17
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,167 SF
Slab To Slab
10’
Building FAR
0.44
Lot Size
0.95 AC
Opportunity Zone
Yes
Zoning
C-P, Clark - Office & Professional
Parking
58 Spaces (3.16 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 163-36-610-004 | Total Assessment | $1,058,993 |
| Land Assessment | $195,096 | Annual Taxes | $26,422 ($1.44/SF) |
| Improvements Assessment | $863,897 | Tax Year | 2026 |
Property Taxes
Parcel Number
163-36-610-004
Land Assessment
$195,096
Improvements Assessment
$863,897
Total Assessment
$1,058,993
Annual Taxes
$26,422 ($1.44/SF)
Tax Year
2026
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Bldg 1 | 5230 W Patrick Ln
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