- For Sale $8,750,000
- Property Type Office
- Property Size 29,303 SF
- Lot Size 2.08 Acre
- Additional Rent Contact for pricing
- # of Floors 2
- Parking Ratio 5.84 / 1,000 SF
- Year Built 2006
- Date Updated Dec 21, 2024
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
False
Contacts
Location
Getting Around
-
Walk Score ®
22/100 Car-Dependent -
Transit Score ®
34/100 Some Transit -
Bike Score ®
31/100 Somewhat Bikeable
- City Las Vegas, NV
- Neighborhood Spring Valley
- Zip Code 89118
- Market Las Vegas
Points of Interest
-
Mandalay Bay
3.02 miles
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Luxor
3.16 miles
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Rideshare Pickup
3.22 miles
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Excalibur
3.24 miles
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Excalibur North
3.33 miles
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Park MGM Tram Station
3.49 miles
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The Crystals Tram Station
3.62 miles
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Bellagio Tram Station
3.64 miles
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MGM Grand
3.70 miles
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Terminal 1
4.17 miles
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Chevron
0.12 miles
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Maverik
0.75 miles
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Arco
0.80 miles
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Conoco
0.83 miles
-
76
1.28 miles
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Shell
1.29 miles
-
Rebel
1.32 miles
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Fil's Gas Station
1.37 miles
-
Tesla Supercharger
1.79 miles
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Linq High Roller Supercharger
4.33 miles
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Allegiant Stadium Lot Z
2.04 miles
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Lot S
2.32 miles
-
Ford Lot J
2.33 miles
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Ford Lot H
2.39 miles
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Lot W
2.39 miles
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Lot K
2.42 miles
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Ticketmaster Lot G
2.42 miles
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OSV Lot
2.43 miles
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West Garage
2.46 miles
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Lot F
2.48 miles
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SpringHill Suites Las Vegas Airport
0.85 miles
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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
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Holiday Inn Express Las Vegas - South
2.26 miles
-
Residence Inn Las Vegas South
2.32 miles
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Courtyard Las Vegas South
2.33 miles
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Fairfield Inn & Suites Las Vegas Stadium Area
2.33 miles
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Staybridge Suites Las Vegas
2.34 miles
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La Quinta Inn & Suites by Wyndham LV Tropicana Stadium
2.66 miles
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Port of Subs
0.61 miles
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Taco Bell
0.75 miles
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Sbarro
0.83 miles
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Don Tortaco Mexican Grill
0.84 miles
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Mister Mama's
1.06 miles
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In-N-Out Burger
1.13 miles
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Farmer Boys
1.14 miles
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edible
1.21 miles
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Roberto’s
1.21 miles
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The Noodle Man
1.24 miles
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Tony Alamo Elementary School
1.38 miles
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Grant Sawyer Middle School
1.53 miles
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Calvary Chapel
1.59 miles
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Calvary Chapel Christian School
1.64 miles
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Helen Jydstrup Elementary School
1.68 miles
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Lawrence and Heidi Canarelli Middle School
1.77 miles
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Kids R Kids Quality Learning Center
1.83 miles
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Durango High School
1.89 miles
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Marion Earl Elementary School
1.94 miles
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Steele Elementary School
1.95 miles
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KinderCare
3.09 miles
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Merryhill Preschool
5.24 miles
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Sekuritie Child Care LLC
5.82 miles
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Childtime
6.11 miles
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La Petite Academy
6.59 miles
-
DJ's Christian Preschool/Daycare
9.87 miles
Frequently Asked Questions
The space currently listed for sale at Sundance Park asks for $8,750,000.
Sundance Park totals 29,303 square feet.
Sundance Park was built in 2006.
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