Class A Office in
For Lease
$51.60 SF/Yr
1980 Festival Plaza Drive #340 Las Vegas, Las Vegas, NV 89135
Nine-story Class A office building in Downtown Summerlin for lease.
Space SizeContact for details
Property Size200,000 SF
Days on Market354
Property Features for 1980 Festival Plaza Drive #340 Las Vegas
General Information
Standard status
Active
Size
200,000 SF
Class
Class A
Property subtype
7/23/2026
Lease Term
Annual
Building Details
Building Size
200,000 SF
Year Built
2014
Listing Agency:
Cushman & Wakefield | Las Vegas
(702) 581-1963
Listed By:
Charles Van Geel
(702) 581-1963
Source:
Cushmanwakefield
Added: Sep 10, 2025
Changed: Aug 8
Last Checked: May 19 at 12:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Las Vegas
Investment Insights
Based on property information with market context.
One Summerlin is a 9-story, Class-A office building located in Downtown Summerlin. The building offers approximately 207,292 square feet of space and sits atop a variety of ground-level retail amenities. The building is designed with expansive floor plates exceeding 25,000 square feet to foster collaboration. The building's design incorporates an abundance of natural light and provides tenants with 360-degree panoramic mountain and strip views.
Key Highlights
- Prime location in Downtown Summerlin.
- Class‑A, 9‑story office building with approximately 207,292 SF.
- Expansive 25,000+ SF floor plates designed for collaboration.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$7.74 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,105
Businesses Nearby
Explore this area
Business Placement
Demographics for 89135, NV
31,763
Population
14,761
Households
2.2
Avg Household Size
47
Median Age
50%
College-Educated
96%
High-School Grad
50.7 sq mi
ZIP Area
626
Density / Sq Mi
$115,362
Median Household Income
$74,195
Median Earnings
$2,400
Median Rent
$657,300
Median Home Value
Market
Lease Benchmarks for Las Vegas, NV
$21.32 /SF/Yr
Avg Asking Price
$5.5–$51.6 /SF/Yr
Price Range
29,833 SF
Avg Space Size
This space is priced 142% above the average of $21.32 /SF/Yr.
Vacancy Rate% for Office in Las Vegas, NV
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Nine-story Class A office building in Downtown Summerlin for lease.
Where is this office building located?
The property is located at 1980 Festival Plaza Drive #340 Las Vegas Las Vegas, NV.
What is the lease rate?
The lease rate is $51.60 SF/Yr.
What are key features of this property?
This property features: Prime location in Downtown Summerlin.; Class‑A, 9‑story office building with approximately 207,292 SF.; Expansive 25,000+ SF floor plates designed for collaboration.
