Sundance Park

5888 W Sunset Road, Las Vegas, NV 89118

  • For Lease $31.20/SF/YR
  • Property Type Office
  • Property Size 29,303 SF
  • Additional Rent Contact for pricing
  • # of Floors 2
  • Parking Ratio 5.84 / 1,000 SF
  • Building Class B
  • Year Built 2006
  • Date Updated Dec 18, 2024
Cushman & Wakefield US, Inc., is pleased to introduce for acquisition, Sundance Park, an office building located at 5888 West Sunset Road (“The Property”). The two-story suburban Class A office building is situated in the booming Southwest Submarket near Interstate 215 and South Jones Boulevard. The Property consists of ±2.08 acres and ±29,303 rentable square feet. The Property is a perfect investment (100% leased, fixed annual increases, below market rents) for investors seeking very stable (credit tenants, e.g. Walgreens, ICW Insurance) cash flow in a high demand area.
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Reach out to the broker for more info on lease terms and amenities

Highlights

  • Occupancy: 100% In-Place NOI: $299
  • 232 In-Place Cap Rate: 7.99% LONG TERM TENANCY Two tenants
  • which make up 47% of the total square feet occupied
  • have been in place for seven years or longer. In a market where tenant leases are typically three to five years
  • the weighted average lease term (WALT) is an attractive investment metric for buyer’s consideration. Additionally
  • Walgreens recently reevaluated its footprint during its most recent lease renewal and right-sized its footprint for future occupancy. Therefore
  • the space occupied is sized for their operational needs as a regional administrative office. MINIMAL FUTURE TENANT IMPROVEMENTS 53%
  • or all but two suites
  • have recently been renovated to current interior standards. These recent renovations provide a new owner with turn-key spaces. If tenants are to vacate after their current lease cycle
  • minimal tenant improvements would be required to attract a new tenant. Furthermore
  • these suites are 5
  • 000 sf or less
  • which is what

Spaces Available

Contacts

broker
Amy Lance

Cushman & Wakefield

Location

Getting Around

  • Walk Score ®

    22/100 Car-Dependent

  • Transit Score ®

    34/100 Some Transit

  • Bike Score ®

    31/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Las Vegas, NV
  • Neighborhood Spring Valley
  • Zip Code 89118
  • Market Las Vegas

Points of Interest

  • Mandalay Bay

    3.02 miles

  • Luxor

    3.16 miles

  • Rideshare Pickup

    3.22 miles

  • Excalibur

    3.24 miles

  • Excalibur North

    3.33 miles

  • Park MGM Tram Station

    3.49 miles

  • The Crystals Tram Station

    3.62 miles

  • Bellagio Tram Station

    3.64 miles

  • MGM Grand

    3.70 miles

  • Terminal 1

    4.17 miles

  • Chevron

    0.12 miles

  • Maverik

    0.75 miles

  • Arco

    0.80 miles

  • Conoco

    0.83 miles

  • 76

    1.28 miles

  • Shell

    1.29 miles

  • Rebel

    1.32 miles

  • Fil's Gas Station

    1.37 miles

  • Tesla Supercharger

    1.79 miles

  • Linq High Roller Supercharger

    4.33 miles

  • Allegiant Stadium Lot Z

    2.04 miles

  • Lot S

    2.32 miles

  • Ford Lot J

    2.33 miles

  • Ford Lot H

    2.39 miles

  • Lot W

    2.39 miles

  • Lot K

    2.42 miles

  • Ticketmaster Lot G

    2.42 miles

  • OSV Lot

    2.43 miles

  • West Garage

    2.46 miles

  • Lot F

    2.48 miles

  • SpringHill Suites Las Vegas Airport

    0.85 miles

  • Holiday Inn Express & Suites Las Vegas SW - Spring Valley

    1.14 miles

  • Club De Soleil

    1.96 miles

  • WorldMark Las Vegas - Tropicana Avenue

    2.02 miles

  • Holiday Inn Express Las Vegas - South

    2.26 miles

  • Residence Inn Las Vegas South

    2.32 miles

  • Courtyard Las Vegas South

    2.33 miles

  • Fairfield Inn & Suites Las Vegas Stadium Area

    2.33 miles

  • Staybridge Suites Las Vegas

    2.34 miles

  • La Quinta Inn & Suites by Wyndham LV Tropicana Stadium

    2.66 miles

  • Port of Subs

    0.61 miles

  • Taco Bell

    0.75 miles

  • Sbarro

    0.83 miles

  • Don Tortaco Mexican Grill

    0.84 miles

  • Mister Mama's

    1.06 miles

  • In-N-Out Burger

    1.13 miles

  • Farmer Boys

    1.14 miles

  • edible

    1.21 miles

  • Roberto’s

    1.21 miles

  • The Noodle Man

    1.24 miles

  • Tony Alamo Elementary School

    1.38 miles

  • Grant Sawyer Middle School

    1.53 miles

  • Calvary Chapel

    1.59 miles

  • Calvary Chapel Christian School

    1.64 miles

  • Helen Jydstrup Elementary School

    1.68 miles

  • Lawrence and Heidi Canarelli Middle School

    1.77 miles

  • Kids R Kids Quality Learning Center

    1.83 miles

  • Durango High School

    1.89 miles

  • Marion Earl Elementary School

    1.94 miles

  • Steele Elementary School

    1.95 miles

  • KinderCare

    3.09 miles

  • Merryhill Preschool

    5.24 miles

  • Sekuritie Child Care LLC

    5.82 miles

  • Childtime

    6.11 miles

  • La Petite Academy

    6.59 miles

  • DJ's Christian Preschool/Daycare

    9.87 miles

Frequently Asked Questions

How much does office space cost at Sundance Park?

The average price for office space at Sundance Park is $31.20/SF/YR. The cost of leasing office space can depend on the position of the space within the building, the location of the property, the quality rating, amenities on-site or nearby, as well as if the office space you are looking at comes with attributes that are unique to it.

What office space is available at Sundance Park?

In total, there are 3,015 square feet of office space for rent at Sundance Park. Availability at this location includes general office. If you are interested in finding out more, you can easily reach out to schedule a tour using the contact form at the top of this page.

Can I find office space for a small business at Sundance Park?

Available office space at Sundance Park starts at 3,015 square feet. According to general recommendations of 75 to 150 square feet of office space per person, this can work for a minimum of 20 people. For detailed information on optimal divisible space options for your business needs, contact the listing broker to schedule a tour.

Can I find office space for a large business at Sundance Park?

Office space available at Sundance Park provides up to 3,015 square feet, which can accommodate a maximum of 40 people, according to recommendations of between 75 and 150 square feet of office space per person. For a better understanding of how this space could work for you, reach out to schedule a tour.

Is Sundance Park a good location for office space?

Sundance Park is located in the Spring Valley neighborhood of Las Vegas. Sundance Park was first completed in 2006. Office space here is rated class B. Reach out to the leasing representative for more detailed information on the most modern facilities and amenities at the property.

Does Sundance Park have parking?

There are 171 parking spaces available at Sundance Park. The property has a parking ratio of 5.84 / 1,000 SF.

How do I lease office space at Sundance Park?

If you want to find out more about the lease terms and office space availability at Sundance Park, fill out the contact form to schedule a tour or reach out to the property representatives using the contact details provided here to ask for any additional information that you might be interested in.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Amy Lance

Cushman & Wakefield

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