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8655 S Eastern AveLas Vegas, NV 89123
8655 S. Eastern Ave
Asset ClassOffice, Healthcare Facility
AVG SF22,400
Year Built: 2005Deal Size: $4.82 MAccess Data Room
Owner-User or Value-Add Investor | 22,400 SF Office/ Medical Office | Infill Location with Excellent Access to the I-215 Beltway | Exceptional Visibility & Front
overview of deal

Overview

Marcus & Millichap and Jones Lang LaSalle are pleased to offer the rare opportunity to acquire 8655 South Eastern Avenue, a single-story office / medical building located in Las Vegas, Nevada (the “Property” or “Asset”).​ This exceptionally well-located Asset, adjacent to Henderson, is part of a master-planned business park just seconds north of the I-215 Beltway.​

 

This Asset is an exceptional value-add investment opportunity or owner-user purchase.​ Future ownership will benefit from the high-quality infrastructure and finishes, requiring minimal capital investment for new tenancy.​ Additionally, a tremendous opportunity exists to lease the Asset in a trade area that features minimal competitive class A single story assets of this size.​ The Asset is currently zoned Commercial General – CG, within a Corridor Mixed-Use (CM) planned use zone per the City of Las Vegas that provides for flexibility of uses.​

 

The unique nature of this site provides ownership with a variety of business plan options including:

• Light tenant improvement packages to attract a new tenant or convert the building to multi-tenant use.

• Re-purposing existing buildout to accommodate a multitude of commercial uses such as behavioral health, medical office, educational facilities / trade schools, or retail.

Access the Data Room

Investment Highlights

LOCATION, LOCATION, LOCATION WITH PREMIUM EXPOSURE AND ACCESSIBILITY

  • ​Prime infill location with extremely high barrier to entry for new development ensuring significant appreciation potential
  • Eastern Ave. experiences over 32,000 vehicles per day and is a major north / south thoroughfare
  • +/- 400 feet of frontage on Eastern Avenue
  • ​Immediate proximity to I-215 with access to I-11 and I-515

 

MULTIPLE BUSINESS PLAN OPTIONS

  • ​Continue to operate as a single tenant office
  • ​Convert to multi-tenant office
  • ​Convert to medical as single or multi-tenant medical
  • ​Convert to retail as single or multi-tenant retail

CURRENT OPEN LAYOUT

  • ​Main entrance and centralized restrooms
  • ​All the existing improvements are in place for a mid-to-large- sized corporation
  • ​Private offices on each end of the building
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8655 S Eastern AveLas Vegas, NV 89123

Sales Team

Peter Bauman Senior Managing Director (602) 687-6685pbauman@ipausa.com
Tivon MoffittSenior Managing Director6026876688tmoffitt@ipausa.com
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Listing provided by Revere CRE