deal image
2445 St Rose PkwyHenderson, NV 89074
2445 St Rose Pkwy
Asset ClassOffice
# Tenants3
Square Feet: 109,719Occupancy: 80%Access Data Room
Extraordinary Value-Add Office Opportunity | 80% Occupied w/ Credit Tenancy | Class A Office in a Highly Amenitized Henderson Location | Directly Off I-215
overview of deal

Overview

Institutional Property Advisors, a division of Marcus & Millichap, in partnership with Jones Lang LaSalle (JLL) is pleased to offer the rare opportunity to acquire 2445 St. Rose Parkway, in Henderson (Las Vegas MSA), Nevada (the “Property”, or “Asset”). This exceptionally well-located Class A office Asset is in a desirable and highly amenitized Henderson location with prime visibility and accessibility directly off the Interstate 215, providing an easy commute across the greater Las Vegas metropolitan area.

Access the Data Room

Investment Highlights

Institutional Ownership with Intentional Value-Add Opportunity

  • Longtime CSAAA corporate campus, ensuring institutional-quality construction and maintenance
  • Vacancy created through corporate downsizing, not functional obsolescence
  • Rare opportunity to acquire a large-block office asset with embedded lease-up potential

Tenant Validation Anchored by Tesla Expansion

  • Tesla occupies ~61% (67,426 SF) of the Property
  • Recently expanded footprint and extended lease term
  • Provides credible third-party validation of asset quality and location
  • CSAA will remain in the builidng and sign a three-year lease before close of escrow
  • SmartFinancial adds new leasing momentum

Clear and Executable Lease-Up Opportunity

  • Remaining vacancy consists of functional space that can be further divided into smaller suites
  • Supported by proven leasing activity within the asset
  • Ability to capture mark-to-market rents in improving office conditions

Positioned in a Top-Performing Submarket

  • Located within Green Valley / Henderson, one of the strongest office submarkets in Las Vegas
  • Submarket vacancy significantly tighter than broader market (~8% vs ~10% overall)
  • Demand concentrated in suburban, amenitized office environments
deal gallery image
deal gallery image
deal gallery image
2445 St Rose PkwyHenderson, NV 89074

Sales Team

Peter Bauman, SIORSenior Managing Director

License #: NV License: S.186153

602.370.6020pbauman@ipausa.com
Tivon Moffitt, SIORSenior Managing Director

License #: NV License: S.186027

954.547.7212tmoffitt@ipausa.com
Bret Davis, SIORJLL - Managing Director

License #: NV License: B.1000836.Corp

702.496.4001Bret.Davis@jll.com
Travis Landes, SIOR JLL - Executive Vice President

License #: NV License: S.1777027

702.830.1512Travis.Landes@jll.com
deal image

Inquire

Listing provided by LightBox Revere