Listing Agency: CBRE | Las Vegas b***@cbre.com Show Phone

Listed By: Brad Peterson · License #S.0015152 Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 23 Last Checked: Aug 25 at 5:06AM

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Investment Insights

Based on property information with market context.

The Gramercy is a Class A mixed-use project featuring approximately 200,000 rentable square feet of existing office and retail space. It consists of two 4-story buildings with first-floor retail and office space on the second, third, and fourth floors. The property is conveniently located along the I-215 Beltway on Russell Rd., providing immediate access and excellent freeway visibility. Its location offers convenient access to various parts of the Las Vegas Valley, being within 15-20 minutes of Downtown Las Vegas, Green Valley, Summerlin, and Harry Reid International Airport. On-site amenities include DW Bistro, Pinches Tacos, Anima by EDO, Raw Fitness, and KOMI Hair Salon, along with 160 residential units. There are also another 294 residential units currently under construction.

Key Highlights

• Immediate access and excellent freeway visibility from I‑215 Beltway.
• Class A mixed‑use project with office and retail space.
• On‑site amenities include restaurants, fitness, and salon.

Property Analytics

Property Profile

Current Use

Raw Fitness Las ... Gym & Fitness Center Michael Rodriguez at Guaranteed ... Loan Service Kensaku Shibata at Guaranteed ... Loan Service Fabiola Alvarez at Guaranteed ... Loan Service Miguel Villalta at Guaranteed ... Loan Service

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Parking Lot & Garage Building Supply Big Box & Wholesale Store (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.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

2,110

Businesses Nearby

Explore this area Business Placement

Demographics for 89148, NV

61,281

Population

25,232

Households

2.4

Avg Household Size

36

Median Age

37%

College-Educated

93%

High-School Grad

9.7 sq mi

ZIP Area

6,318

Density / Sq Mi

$94,926

Median Household Income

$47,441

Median Earnings

$1,920

Median Rent

$443,600

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office units - Office and retail spaces in a convenient location.

Where is this office units located?

The property is located at 9275 West Russell Road Las Vegas, NV.

What are key features of this property?

This property features: Immediate access and **excellent freeway visibility from I‑215 Beltway**.; Class A mixed‑use project with office and retail space.; On‑site amenities include restaurants, fitness, and salon.