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Three-Story Professional Office Building

228 S 4th St, Las Vegas, NV 89101

For Lease
Contact for pricing

Three-story office building with a recently renovated second floor and 70% occupancy by law firms.

Space Size6,000 SF
Days on Market699

Property Features for 228 S 4th St

General Information

Standard status Active
Size 6,000 SF
Property subtype OFFICE
Occupancy 70%

Site & Location

Neighborhood Union Park Development

Building Details

Stories 3
Tenancy Multi

Spaces For Lease

at 228 S 4th St
Hofland Law Building AVAILABLE, 30 Days
Floor 1
Size 6,000 SF
Type OFFICE
Rate Contact for pricing
Lease Type FULL_SERVICE
Sublease No
- This three-story ±13,852 square foot professional office building located in the heart of Downtown Las Vegas, Nevada. - The building is currently 70% occupied with a concentration of law firms including Hofland & Tomsheck, The Law Offices of Benjamin Nadig, CHTD, and Sullivan Hill. - The second floor was recently renovated, and features upgraded finishes suitable for office users seeking premier space in the Downtown submarket. - The Property presents optionality for a future owner because the seller is an existing tenant and has expressed that the length of their lease term can be amended or terminated. - Therefore, a business owner has the opportunity to occupy the existing vacant suite or the seller’s suite and benefit from the additional income generated from the existing tenancy. - There is an opportunity for a developer to reposition and redevelop the parcel, capitalizing on the proximity to the Fremont Street Experience.
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Listing Agency: Cushman & Wakefield | Las Vegas
Listed By: Marlene Fujita · License NV S.0054013
Source: Moodyscre
Added: Dec 16, 2024 Changed: Nov 11 Last Checked: Nov 14 at 6:08AM

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

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Investment Insights

Based on property information with market context.

This three-story professional office building totals 13,852 square feet and is currently 70% occupied. Tenant concentration includes multiple law firms. The second floor was recently renovated and features upgraded finishes intended for office users seeking updated space within the Downtown submarket.

The property is located in the heart of Downtown Las Vegas, Nevada. Availability offers optionality depending on leasing outcomes, including the possibility for a business owner to occupy an existing vacant suite or the seller’s suite.

The seller is an existing tenant, and the lease term may be amended or terminated. The parcel also presents repositioning potential for a developer looking to redevelop, supported by its proximity to the Fremont Street Experience.

Key Highlights

  • Three‑story professional office building totaling 13,852 SF in Downtown Las Vegas, NV
  • Currently 70% occupied, with a concentration of law firms including Hofland & Tomsheck and other named tenants
  • Second floor was recently renovated with upgraded finishes for office users

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

The Law Offices of Benjamin ... Law Firm Hofland & Tomsheck Law Firm Hofland Bradley J Law Firm Dennie Law Offices Law Firm Cramer Law Firm Law Firm

Suggested Use

Top Pick Veterinary Clinic HVAC Service Building Supply Dental Office (Bike/Boat/Book/etc) Store Nursing Home

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

70%
Occupancy
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

5,022
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Office buildings in Las Vegas

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office building - Three-story office building with a recently renovated second floor and 70% occupancy by law firms.
Where is this office building located?
The property is located at 228 S 4th St Las Vegas, NV.
What are key features of this property?
This property features: Three‑story professional office building totaling 13,852 SF in Downtown Las Vegas, NV; Currently 70% occupied, with a concentration of law firms including Hofland & Tomsheck and other named tenants; Second floor was recently renovated with upgraded finishes for office users
(702) 688-6884 · Office Call to check price and availability
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