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  • Price: $3,450,000
  • Property Size: 15,690 SF
  • Land Area: 1.13 Acres
  • Occupancy: 52%
  • Property Type: Office
  • Property Status: For Sale

Description

Sun Commercial Real Estate, Inc. is pleased to offer an exceptional opportunity to purchase Juliet Office Building, a two story Class B+ office building located at 8375 West Flamingo Road, Las Vegas, Nevada in the high demand Southwest sub-market. The building features extensive upgrades and clean modern exterior design. The Property is well situated for an Owner User to purchase and occupy the second floor or a Value-Add investor to purchase and lease out the second floor vacancy. The seller currently occupies the entire second floor and has flexibility in timing on when to vacate.

 

Highlights

  • Value-Add or Owner User Opportunity – Seller will Vacate the Second floor on a flexible time line
  • Stable in-place income – The majority of the remaining tenants have occupied the building since 2008 and 2014 and are paying rents that are 13% below market rates for a Class B office building in the southwest
  • Southwest Sub-Market Opportunity – Rare opportunity to acquire an Owner User or Value-Add Opportunity in the white hot Southwest Sub-market, Office Tenants are gravitating from all over the valley to this Sub-Market
  • Extensive Nearby Amenities – Including a wide variety of Restaurants, Grocery Stores, I-215 Access, DMV, Home Depot
  • Offered Free and Clear – Can be Purchased on an All Cash Basis

Property Documents

Contact info

Roy Fritz
Roy Fritz
(702) 968-7322(702) 482-9675
Linkedin
Cathy Jones
Cathy Jones
(702) 968-7320(702) 595-8765
Linkedin
Jessica Cegavske
Jessica Cegavske
(702) 968-7321(702) 326-1590
Linkedin

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