Building Details

Stories 4

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at 823 S Las Vegas Blvd Contact us

823 S Las Vegas Blvd $23.40/SF/Yr

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Listing Agency: Cushman & Wakefield | Las Vegas Show Phone

Listed By: Ryan Broadhead · License #NV BS.0145582 Show Phone

Source: Moodyscre

Added: Aug 29, 2024 Changed: Jul 26 Last Checked: Aug 6 at 9:22AM

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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.

This four-story, multi-tenant professional office building totals approximately 28,354 square feet and includes both leased and available second-generation office suites. The property has three vacant suites in second generation condition, providing options for immediate occupancy, with the ability to expand into currently leased space over time. A portion of the building can be occupied on day one, including the entire third floor with contiguous space of approximately 9,102 square feet, and the entire fifth floor offering additional contiguous space of approximately 9,102 square feet.

The building features frontage directly on Las Vegas Boulevard and is described as within walking distance of the Regional Justice Center and the U.S. Federal Courthouse.

A roof-mounted cellular tower is on-site and is leased to AT&T, creating an additional revenue component for the property.

Key Highlights

• Four‑story, ±28,354 SF multi‑tenant professional office building with frontage on Las Vegas Boulevard
• 76% leased with tenants including Hardy Painting and Drywall, The Moore Law Group, and Reynolds Management
• Three vacant second‑generation suites available, supporting immediate occupancy and potential expansion over time

Property Analytics

Current Use

Reynolds & Associates Law Firm Hardy Painting & Drywall General Contractor tyler robinson foundation Charitable Organization Kathryn M Barker ... Law Firm REACH TU CENTRO ... Medical Clinic

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Pet Grooming Service Veterinary Clinic Nursing Home Butcher

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

76%

Occupancy

Multi-tenant

Tenancy

NNN (Triple Net)

Lease Type

$3.51 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

4,997

Businesses Nearby

Explore this area Business Placement

Demographics for 89101, NV

42,465

Population

18,258

Households

2.3

Avg Household Size

35

Median Age

11%

College-Educated

66%

High-School Grad

5.4 sq mi

ZIP Area

7,864

Density / Sq Mi

$38,653

Median Household Income

$29,471

Median Earnings

$1,008

Median Rent

$258,100

Median Home Value

Market

Lease Benchmarks for Las Vegas, NV

$17.7 /SF/Yr

Avg Asking Price

$12–$34.8 /SF/Yr

Price Range

29,832 SF

Avg Space Size

This space is priced 32% above the average of $17.7 /SF/Yr.

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 - Four-story office building offers Las Vegas Boulevard frontage and contiguous third- and fifth-floor suites.

Where is this office building located?

The property is located at 823 S Las Vegas Blvd Las Vegas, NV.

What is the lease rate?

The lease rate is $23.40 SF/Yr.

What are key features of this property?

This property features: Four‑story, ±28,354 SF multi‑tenant professional office building with frontage on Las Vegas Boulevard; 76% leased with tenants including Hardy Painting and Drywall, The Moore Law Group, and Reynolds Management; Three vacant second‑generation suites available, supporting immediate occupancy and potential expansion over time