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Freestanding Renovated Office Building
For Sale
$7,300,000

5230 W Patrick Ln, Las Vegas, NV 89118

Professional office property with modern finishes, covered parking, and access to major southwest Las Vegas transportation routes.

Property SizeContact for details
Days on Market37

Property Features for 5230 W Patrick Ln

General Information

Standard status Active
Property subtype Office
Listing Agency: Las Vegas
Listed By: Grant Traub · License #NV-S.0039295
Source: Colliers
Added: Jul 25 Changed: Aug 29 Last Checked: Aug 30 at 12:59PM

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 Las Vegas

Investment Insights

Based on property information with market context.

This freestanding office building contains 18,334 square feet on approximately 0.95 acres. Constructed in 2006 and renovated in 2013, the property features natural stone and glass interior accents. The building is 100% occupied through 01/31/2027, with available space ranging from approximately 9,167 square feet to the full building area.

Parking includes 32 covered spaces and 26 uncovered spaces. Access to I-215 is available via Decatur Boulevard, while I-15 can be reached through Russell Road. The property is positioned between the Summerlin and Henderson communities within the southwest submarket.

Key Highlights

  • 18,334 SF freestanding office building on approximately 0.95 acres
  • 100% occupied through 01/31/2027
  • Built in 2006 and renovated in 2013

Property Analytics

Current Use

Patrick Commons LLC Hotel & Motel Kirvin Doak Communications Advertising Agency Outdoor Solutions Marketing & Advertising L Makeup Agency Cosmetic Store

Suggested Use

Top Pick Dental Office Law Firm Pharmacy Storage Facility Parking Lot & Garage (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

846
Businesses Nearby

Demographics for 89118, NV

22,588
Population
10,345
Households
2.2
Avg Household Size
38
Median Age
27%
College-Educated
90%
High-School Grad
10.6 sq mi
ZIP Area
2,131
Density / Sq Mi
$67,384
Median Household Income
$36,629
Median Earnings
$1,501
Median Rent
$391,800
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 - Professional office property with modern finishes, covered parking, and access to major southwest Las Vegas transportation routes.
Where is this office building located?
The property is located at 5230 W Patrick Ln Las Vegas, NV.
What is the asking price?
The asking price for this property is $7,300,000.
What are key features of this property?
This property features: 18,334 SF freestanding office building on approximately 0.95 acres; 100% occupied through 01/31/2027; Built in 2006 and renovated in 2013
More about this property
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