deal image
8880 W Sunset Rd, Las Vegas, NV 8930 W Sunset Rd, Las Vegas, NV
8880 & 8930 W. Sunset Road
Asset ClassOffice, Healthcare Facility
Square Feet95,002
Land: 6.36 AcresYear Built: 2009% Leased: 100%Access Data Room
MAJORITY MEDICAL OFFICE CONCENTRATION | 100% LEASED WITH A 3.6-YEAR WALT | HIGHLY AFFLUENT SUBURBAN AREA ON I-215
overview of deal

Overview

Institutional Property Advisors (IPA), a division of Marcus & Millichap, and Jones Lang LaSalle (JLL) are pleased to offer for sale Corporate Center at the Curve (the “Asset” or “Property”) located at 8880 & 8930 West Sunset Road Las Vegas, NV. Corporate Center at the Curve is a 100% occupied, two-building class A medical office/ office complex totaling 95,002 SF, developed in 2009 and strategically located at the busy intersection of the Las Vegas Beltway (215 Beltway) and Sunset Road in Las Vegas, NV.

 

The Asset is an exceptional stabilized investment opportunity with high quality underlying fundamentals and tenancy. The property fronts the 215 Beltway, where traffic counts exceed 50,000 vehicles per day resulting in high visibility and ease of access for employers and customers. Corporate Center at the Curve is currently 100% occupied with a stellar rent roll anchored by a strong mix of tenants with approximately 40% medical office and the remainder comprised of various professional & healthcare related businesses.

 

Access the Data Room

Investment Highlights

Strategic Reasons to Aquire This Asset

  • 100% leased with a tenant mix of approximately 40% medical office and the remainder comprised of various professional & healthcare related businesses
  • Well-designed mirroring buildings constructed in 2009, each measuring +/- 47,501 square feet. The rectangular shaped configuration provides ample natural light throughout the building
  • Strategic location located directly off the 215 Beltway and ease of access to the entire valley- within 8 miles of Harry Reid International Airport, the Las Vegas Strip, and downtown Summerlin

Investment Opportunity With a Very Low Basis Providing Long-Term Competitive Edge

  • +/- 3.60-year WALT on the in-place occupancy of 100%, providing an investor security within the existing rent roll and immediate stable cashflows
  • Replacement cost would for this Asset would be over $400/SF and would require rents of $36.00/SF NNN, compared to an in-place average of $23.48/SF NNN, providing Corporate Center with a long-term competitive advantage
deal gallery image
deal gallery image
deal gallery image
8880 W Sunset RdLas Vegas, NV 89148

Inquire

Listing provided by Revere CRE