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Hughes Plaza West 10100 W Charleston Blvd

71,546 SF 91% Leased Office Building Las Vegas, NV 89135 $23,800,000 ($333/SF) 6.97% Cap Rate

Investment Highlights

  • One of Summerlin's most recognized office buildings with an impressive tenant list.
  • Two-story modern office building featuring classic architecture, high-quality finishes, surface and covered parking.
  • Well-maintained property nestled into a beautifully landscaped lot with covered and surface parking spaces.
  • Hughes Plaza West features an on-campus restaurant, The Vintner Grill, specializing in American and European fusion cuisine.
  • Provides direct access to the Bruce Woodbury Beltway, allowing easy commutes for tenants and visitors alike.

Executive Summary

Hughes Plaza West is a gorgeous, upscale two-story office building ideally located in the heart of the desirable Summerlin community. Occupiers and patrons of this beautiful building enjoy walking distance to first class amenities like Lifetime Athletic Club, Red Rock Hotel & Casino, City National Arena, The Las Vegas Ballpark, and Downtown Summerlin. This is arguably one of the most dynamic, family-oriented environments in Las Vegas teaming with shops, eateries, entertainment venues and hot spots. There literally is something for everyone here, and soon Whole Foods will be open and operating just one block south of Hughes Plaza West. It just keeps getting better.
The property is outfitted with sophisticated architecture, covered and surface parking, and professionally maintained landscaping on a 4.70-acre lot. Once inside the building, guests are greeted by a refined lobby featuring modern design details such as stone floors and sleek woodwork, which are also featured throughout the property's interior.

The property features an award-winning restaurant, The Vintner Grill, which specializes in American cuisine infused with flavors from Spain, France, and Italy. Additional tenants include Washington Federal Bank, Buckley Wealth Management, Wesley Financial Group and Western Title.

Sale Flyer

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
71,546 SF
Building Class
A
Year Built/Renovated
2005/2018
Price
$23,800,000
Price Per SF
$333
Cap Rate
6.97%
NOI
$1,660,000
Percent Leased
91%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
35,773 SF
Slab To Slab
13’
Building FAR
0.35
Land Acres
4.70 AC
Zoning
P-C, City of Las Vegas - Planned community
Parking
277 Spaces (3.87 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Bus Line
  • Controlled Access
  • Courtyard
  • Restaurant
  • Security System
  • Signage
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • CMG Mortgage
  • -
  • 99,999 SF
  • -
  • -
  • -
  • Finance and Insurance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Dividend is a leading national provider of renewable energy and energy-efficient financing solutions to property owners. They give their customers the opportunity to obtain clean energy financing through a comprehensive suite of financing options. Their flagship product, the EmpowerLoan™, continues to expand its product offerings into the storage and home-energy space. Dividend also offers commercial PACE, which is a public-private financing mechanism for energy efficiency, renewable energy, water conservation and seismic upgrades on privately-owned property.

  • Accommodation and Food Services
  • 99,999 SF
  • -
  • -
  • -

Vintner Grill is a lively American bistro nestled in Summerlin, Las Vegas’ premier community. From working lunches to formal dinners, casual date night to family celebrations, Vintner Grill's pleasant and inviting ambiance makes it perfect for a variety of occasions. The menu features American dishes infused with flavors from Spain, France and Italy. The bistro's compelling architecture combined with the simplicity of its modern décor gives the dining experience a sense of casual elegance. Vintner Grill also offers a beautifully appointed patio featuring two, illuminated cabanas where guests can enjoy their meal in a unique outdoor setting. In short, Vintner Grill is worth taking a brief trip “off the Strip” if you are looking for a neighborhood gem where the locals go.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
CMG Mortgage - 99,999 SF - - -
Finance and Insurance 99,999 SF - Lorem Ipsum Jan 0000
Accommodation and Food Services 99,999 SF - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Fl-Ste 210/212
  • 6,299 SF
  • Office
  • Full Build-Out
  • Now

Suite 210/212 space photos and floor plan coming soon. Just released! Former tech processing company space. Large reception, conference and break rooms, good mix of private offices and open space. Some furniture available. Photos Coming Soon.

Space Size Space Use Condition Available
2nd Fl-Ste 210/212 6,299 SF Office Full Build-Out Now

2nd Fl-Ste 210/212

Size
6,299 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 210/212

Size 6,299 SF
Space Use Office
Condition Full Build-Out
Available Now

Suite 210/212 space photos and floor plan coming soon. Just released! Former tech processing company space. Large reception, conference and break rooms, good mix of private offices and open space. Some furniture available. Photos Coming Soon.

Walk Score ®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2020 Population
12,826
138,066
316,634
2024 Population
13,143
143,960
330,495
Population Growth '20-'24
2.5%
4.3%
4.4%
2020 Households
5,673
57,352
129,443
2024 Households
5,814
59,415
134,549
Household Growth '20-'24
2.5%
3.6%
3.9%
Average Age
43
42
42
Median Household Income
$80,906
$80,056
$72,349
Daytime Employees
10,743
51,170
113,702
Total Businesses
904
5,505
14,458
College Degree + Higher
42%
38%
32%

Nearby Amenities

Restaurants

Starbucks Cafe $ 4 min walk
Tropical Smoothie Cafe Juices $ 5 min walk
Papa Johns - - 6 min walk
McDonald's - - 6 min walk
Subway - - 6 min walk
Del Taco - - 6 min walk
Taco Bell Fast Food - 6 min walk
Firehouse Subs - - 10 min walk
Dom Demarcos Pizzeria & Bar Pizza $$$ 13 min walk
Olive Garden Italian Rstrnt - - 20 min walk

Retail

The UPS Store Business/Copy/Postal Services 5 min walk
See's Candies Candy/Nuts 5 min walk
Albertsons Supermarket 4 min walk
Great Clips Salon/Barber/Spa 5 min walk
Bank of America Bank 7 min walk
CVS Pharmacy Drug Store 6 min walk
VCA Animal Hospitals Animal Care/Groom 10 min walk
Smith's Supermarket 10 min walk
The Home Depot Home Improvement 14 min walk
Life Time Fitness 15 min walk

Hotels

La Quinta Inns & Suites
75 rooms
7 min drive
JW Marriott
548 rooms
8 min drive
Sonesta Select
154 rooms
13 min drive

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
137-36-811-018
Land Assessment
$1,821,101
Improvements Assessment
$5,521,027
Total Assessment
$7,342,128

Sale Advisors

Sale Advisors

(702) 971-2277
Contact
Jeff Susa, Managing Member
(702) 971-2277
Contact
A real estate expert for over 42 years, Jeff Susa began his real estate career in 1979. Just two years later, in 1981, he became one of the youngest brokers to hold a license in the state of California. He began syndicating properties to acquire apartments and small commercial properties in the San Fernando Valley and naturally expanded into building larger shopping centers and multi-story office buildings in addition to his work in syndication. In 1986, Jeff made the move to Las Vegas where he continued to expand his career and hone his expertise, focusing on syndicating, building properties and undertaking larger scale projects, including shopping centers, mini-storage facilities, apartments, single-family homes and office buildings. A visionary in his field, Jeff has also participated in the design of several award-winning properties. Jeff is experienced in all aspects of commercial development, from the negotiations and acquisitions of land purchases to the construction and completion of a final product. Utilizing his extensive management knowledge, Jeff has supervised the development and management of more than $1.2 billion dollars’ worth of retail, office, residential and multi-family space in Nevada and California. The hallmark of an expert businessman committed to displaying the highest level of integrity, Jeff focuses on long-term investor relationships, the result of which has led to his involvement in numerous multi-million-dollar transactions. In his spare time, Jeff enjoys spending time with his wife and two grown children as well as traveling, flying and golfing. Giving back to his community has always been a primary focus for Jeff, who also served as the Co-chairman of the National Kidney Foundation golf tournament for numerous years.
(702) 971-2278
Contact
Daniel Loera, Senior Associate & Development Consultant
(702) 971-2278
Contact
Daniel Loera has a wealth of experience in the Las Vegas real estate development market. An entrepreneur with experience in all facets of management, business and commerce, Daniel served as the Director of Government Affairs for Las Vegas’ firms Breslin Builders and Impact Development. Daniel has also owned and operated multiple service and retail businesses, a retail telecom line, as well as multi-location mini storage properties. Joining Real Estate Asset Management (RAM) as senior associate and development consultant in 2007, Daniel is responsible for overseeing the leasing, development, entitlements and construction management of RAM’s extensive multi-partnership commercial portfolio.
Moore Real Estate Sales Inc
(702) 210-6200
Contact
Charles Moore, Broker / Owner Moore Real Estate Sales Inc
(702) 210-6200
Contact
Charles M. Moore, CSM has been in the commercial real estate arena for more than thirty (35) years and after lengthy careers at Macerich, CBRE and Cushman & Wakefield, started brokerage firm Moore Real Estate Sales Inc. in January, 2023.  Having been involved in more than $4 billion worth of investment properties transactions in Nevada, and having lived in both Reno in the late 80's and Las Vegas since 1995,  Charles is uniquely positioned to assist valued clients with their commercial real estate needs.
  • Listing ID: 29047711

  • Date on Market: 7/19/2023

  • Last Updated:

  • Address: 10100 W Charleston Blvd, Las Vegas, NV 89135

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