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Leased Office/R&D Facility with Prepaid Lease
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8350 Briova Dr, Las Vegas, NV 89113

Office and R&D facility used by UnitedHealth Group/OptumRx, supported by a 99-year prepaid ground lease.

Property Size109,290 SF
Days on Market124

Property Features for 8350 Briova Dr

General Information

Standard status Active
Size 109,290 SF
Property subtype Industrial
Occupancy 100%

Building Details

Tenancy Single
Listing Agency: Cushman & Wakefield - Las Vegas, Nevada
Listed By: Marlene Fujita · License #S.0054013
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 1:29PM

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, Nevada

Investment Insights

Based on property information with market context.

The offering is a leasehold interest in an office and R&D facility totaling 109,290 square feet at 8350 Briova Drive. The property is 100% leased by UnitedHealth Group, Inc., doing business as OptumRx, and is used for research and development along with pharmacy benefit and care services. The lease is described as absolute net, with the tenant responsible for maintenance of the property, including the roof and structure, throughout the lease term.

Cushman & Wakefield notes the building is the first constructed within the UNLV Harry Reid Research & Technology Park, a 122-acre master-planned business park intended to include more than one million square feet of commercial space upon completion.

The leasehold is subject to a ninety-nine (99) year prepaid ground lease expiring December 4, 2113.

Key Highlights

  • Leasehold interest in a 109,290 SF office/R&D facility at 8350 Briova Drive, 100% leased by UnitedHealth Group (NYSE: UNH).
  • Used by UnitedHealth Group doing business as OptumRx for research and development and pharmacy benefit/care services.
  • 99‑year prepaid ground lease in place, expiring December 4, 2113.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Food Market Law Firm (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Electrical Service Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

320
Businesses Nearby

Demographics for 89113, NV

35,829
Population
16,151
Households
2.2
Avg Household Size
38
Median Age
39%
College-Educated
90%
High-School Grad
10.8 sq mi
ZIP Area
3,318
Density / Sq Mi
$88,750
Median Household Income
$48,342
Median Earnings
$1,759
Median Rent
$463,900
Median Home Value

Market

Vacancy Rate% for Office in Las Vegas, NV

13.3% 2019
13% 2020
11.7% 2021
13.3% 2022
13.8% 2023
14.1% 2024
13% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Office and R&D facility used by UnitedHealth Group/OptumRx, supported by a 99-year prepaid ground lease.
Where is this office building located?
The property is located at 8350 Briova Dr Las Vegas, NV.
What are key features of this property?
This property features: Leasehold interest in a 109,290 SF office/R&D facility at 8350 Briova Drive, 100% leased by UnitedHealth Group (NYSE: UNH).; Used by UnitedHealth Group doing business as OptumRx for research and development and pharmacy benefit/care services.; 99‑year prepaid ground lease in place, expiring December 4, 2113.
(702) 796-7900 Call to check price and availability
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