Twain Office | 10785 W Twain Ave
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Twain Office 10785 W Twain Ave
20,833 SF Office Building Las Vegas, NV 89135 For Sale
INVESTMENT HIGHLIGHTS
- INSTITUTIONAL-QUALITY CLASS A OWNER-USER OPPORTUNITY WITH IN-PLACE INCOME AND BUILDING SIGNAGE AVAILABLE
- UNRIVALED AMENITY-RICH LOCATION IN SUMMERLIN
- EXCEPTIONAL MARKET FUNDAMENTALS WITH LONG-TERM UPSIDE
EXECUTIVE SUMMARY
INSTITUTIONAL-QUALITY CLASS A OWNER-USER OPPORTUNITY WITH IN-PLACE INCOME AND BUILDING SIGNAGE AVAILABLE
* HIGH-IMAGE OFFICE OFFERING | Located within the Sienna Gardens Office Park, 10785 W. Twain offers quality construction with stucco facade, extensive glass lines with sweeping views of the Las Vegas Strip and the stunning Spring Mountains, recently renovated interior with high-end, modern finishes, and considerable freeway visibility.
* FLEXIBLE OWNER-USER OCCUPANCY | The property offers an owner-user the option to occupy space on the second floor.
* TREMENDOUS IN-PLACE INCOME | The in-place leases provide an annual in-place income of $583,677. The NNN leases offer ease of ownership and stable cash flow.
EXCEPTIONAL MARKET FUNDAMENTALS WITH LONG-TERM UPSIDE
* According to the Las Vegas Global Economic Alliance, “the region routinely ranks at or near the nation’s highest in growth and investment and is currently experiencing population growth at three times the national average. Over 10,000 businesses and more than 180,000 jobs have been created in Clark County since 2011.”
* Over the past year, there has been an influx of companies outside of the market that persist to survey the valley to either relocate or expand their businesses, mainly in part due to its business-friendly and favorable tax environment.
* Las Vegas added approximately 41,500 jobs year-over-year, illustrating a growth of 3.6%, which is more than both the Nevada and national growth rates, at 3.4% and 1.6% respectively. Additionally, Nevada ranked second in job growth among all states. The primary driver of office demand is an uptick in office-related employment.
UNRIVALED AMENITY-RICH LOCATION IN SUMMERLIN
* The Class A office building is located off S. Town Center Drive via W. Twain Avenue at a signalized intersection with excellent access to I-215. The property is within walking distance to the 215 Freeway which connects Summerlin and Henderson, the two main residential communities in the Las Vegas Valley. This location offers superior regional connectivity and convenient commute for Las Vegas and Henderson residents.
* S. Town Center Dr. is an established office/ retail/residential area with proximity to nearby amenities. Within a 2.5-mile radius, there are 300+ restaurants/fast food locations, 82,417 population, and an average annual household income of $115,611.
* The project is within ±9 miles to the Las Vegas Strip which includes 41+ hotels, shows and attractions, Allegiant Stadium, T-Mobile Arena, and ±13,687,870 SF of convention space.
* HIGH-IMAGE OFFICE OFFERING | Located within the Sienna Gardens Office Park, 10785 W. Twain offers quality construction with stucco facade, extensive glass lines with sweeping views of the Las Vegas Strip and the stunning Spring Mountains, recently renovated interior with high-end, modern finishes, and considerable freeway visibility.
* FLEXIBLE OWNER-USER OCCUPANCY | The property offers an owner-user the option to occupy space on the second floor.
* TREMENDOUS IN-PLACE INCOME | The in-place leases provide an annual in-place income of $583,677. The NNN leases offer ease of ownership and stable cash flow.
EXCEPTIONAL MARKET FUNDAMENTALS WITH LONG-TERM UPSIDE
* According to the Las Vegas Global Economic Alliance, “the region routinely ranks at or near the nation’s highest in growth and investment and is currently experiencing population growth at three times the national average. Over 10,000 businesses and more than 180,000 jobs have been created in Clark County since 2011.”
* Over the past year, there has been an influx of companies outside of the market that persist to survey the valley to either relocate or expand their businesses, mainly in part due to its business-friendly and favorable tax environment.
* Las Vegas added approximately 41,500 jobs year-over-year, illustrating a growth of 3.6%, which is more than both the Nevada and national growth rates, at 3.4% and 1.6% respectively. Additionally, Nevada ranked second in job growth among all states. The primary driver of office demand is an uptick in office-related employment.
UNRIVALED AMENITY-RICH LOCATION IN SUMMERLIN
* The Class A office building is located off S. Town Center Drive via W. Twain Avenue at a signalized intersection with excellent access to I-215. The property is within walking distance to the 215 Freeway which connects Summerlin and Henderson, the two main residential communities in the Las Vegas Valley. This location offers superior regional connectivity and convenient commute for Las Vegas and Henderson residents.
* S. Town Center Dr. is an established office/ retail/residential area with proximity to nearby amenities. Within a 2.5-mile radius, there are 300+ restaurants/fast food locations, 82,417 population, and an average annual household income of $115,611.
* The project is within ±9 miles to the Las Vegas Strip which includes 41+ hotels, shows and attractions, Allegiant Stadium, T-Mobile Arena, and ±13,687,870 SF of convention space.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Building Size
20,833 SF
Building Class
A
Year Built
2006
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,417 SF
Building FAR
0.27
Lot Size
1.75 AC
Zoning
C-2 (County)
Parking
77 Spaces (3.7 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Controlled Access
- Security System
- Signage
- Reception
- Natural Light
- Plug & Play
- Recessed Lighting
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
****DO NOT DISTURB CURRENT TENANT - LEASE EXPIRES AT THE END OF MAY 2025**** Call Traci for additional information 702-210-5559
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 102 | 1,609 SF | Office | Full Build-Out | Jun 2025 |
1st Fl-Ste 102
| Size |
| 1,609 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Jun 2025 |
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1st Fl-Ste 102
| Size | 1,609 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Jun 2025 |
****DO NOT DISTURB CURRENT TENANT - LEASE EXPIRES AT THE END OF MAY 2025**** Call Traci for additional information 702-210-5559
PROPERTY TAXES
| Parcel Number | 164-13-212-027 | Improvements Assessment | $977,464 |
| Land Assessment | $533,610 | Total Assessment | $1,511,074 |
PROPERTY TAXES
Parcel Number
164-13-212-027
Land Assessment
$533,610
Improvements Assessment
$977,464
Total Assessment
$1,511,074
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Twain Office | 10785 W Twain Ave
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