8880 Sunset Rd Las Vegas, NV 89148-5004
- Office buildings
- 46,016 SF
- 3.18 lot acres
Current Use by Public Records
- Dean McQuillan, REALTOR | Compass Realty & Mgmt / Real Estate Agency / Real Estate Agent
- Micro Gaming Technologies Inc / Software Company
- Provident Trust Group / Financial Institution / Investment Service
- Kinel Family Medicine / Medical Clinic / Family Practice Physician
- Dr. Kristian J. Kinel, MD / Family Practice Physician / Medical Office
Property Details for 8880 Sunset Rd
- Year built
- 2009
- Construction
- CONCRETE
- Lot size
- 3.18 lot acres
- Property size
- 46,016 SF
- Property type
- Office buildings
- APN
- 163-32-810-002
- APU
- 16332810002
Description
This exceptional investment opportunity presents two Class A, three-story office buildings totaling approximately 95,002 square feet, boasting a remarkable 97% occupancy rate. Located in the thriving Southwest Las Vegas submarket, this strategically positioned portfolio benefits from high visibility on Sunset Road, with direct access to the CC-215 freeway, experiencing over 60,000 vehicles daily. The property, built in 2009, features a steel frame with a stucco/stone exterior and is part of a master-planned, eight-building professional office campus known as Corporate Center at the Curve. The buildings enjoy a prime location, situated between Summerlin and Henderson. The portfolio's strong financial performance is highlighted by a substantial Net Operating Income (NOI) of $1,205,235. All leases are structured as triple net (NNN), ensuring full operating expense reimbursement to the owner. Furthermore, common area landscaping is managed by the original developer under a Declarant Mitigating Management Oversight agreement, eliminating the need for owner management while maintaining consistent quality. The area's rapid growth is underscored by recent developments including the Durango Resort, UnCommons mixed-use project, and The Bend mixed-use development, all adding to the property's desirability and value. The property's proximity to three major hospital campuses—Southern Hills Hospital, St. Rose San Martin Hospital, and Spring Valley Hospital—further enhances its appeal and long-term investment potential. This is a rare opportunity to acquire a high-performing, well-located office portfolio in one of Las Vegas's fastest-growing areas. The 6.36-acre lot size provides ample space and future development potential.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $1,360,000
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Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.286
- Latitude
- 36.071
- CBSA code
- 29820
- CBSA name
- LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA