8350 Briova Dr Las Vegas, NV 89113

Listing agency Cushman & Wakefield - Las Vegas, Nevada Show Phone

Listed by Marlene Fujita · License #S.0054013

Source Crexi

Added: Apr 11 Updated: Jul 21 at 1:20AM Checked: Jul 21 at 12:30PM

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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.

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FAQs

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.