Bldg A | 4580 W Post Rd
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Bldg A 4580 W Post Rd
8,222 SF 100% Leased Office Building Las Vegas, NV 89118 $3,288,800 ($400/SF)
Investment Highlights
- Single-story freestanding building with ±8,222 SF of office space
- In close proximity to retail and dining options outside of the Las Vegas Strip, including retail such as Town Square Las Vegas, Arroyo Market
- Possibility to install grade-level roll-up door for access to the building;
- Easy access to the I-215 and I-15 freeways and approximately 6.2 miles from the Harry Reid Airport and the Las Vegas Strip
- Flexible space for versatile use with the opportunity to adapt the office for warehouse needs
- 72 parking spaces with covered parking available (8.57:1,000 SF)
Executive Summary
Property Description
MDL Group is pleased to present 4580 W. Post Road (the “Property”), a well-positioned office building located near the intersection of W. Post Road and S. Decatur Boulevard. The Property consists of a one-story, single- tenant office space designed to accommodate a variety of professional business uses. The surrounding area features a mix of commercial properties, retail outlets, and dining options, providing convenience and amenities for tenants. With a prime location in a busy commercial corridor, the Property benefits from a high traffic count of approximately 45,500 Vehicles Per Day (VPD).
Area Description
The Southwest Las Vegas Submarket, extending from Tropicana Avenue to Blue Diamond Road and just southwest of the I-215 Beltway, is a rapidly growing area with a focus on modern office developments. The submarket includes around 6 million SF of office space, primarily concentrated along Durango Drive and Rainbow Boulevard. Its strategic location near affluent residential areas like Summerlin and Southern Highlands drives strong demand.
Vacancies in the submarket are at 8.2%, slightly below the metro average, while annual rent growth stands at 5.9%, well above the historical average. This growth highlights the submarket’s increasing desirability and its appeal to businesses seeking prime office space in a thriving area.
MDL Group is pleased to present 4580 W. Post Road (the “Property”), a well-positioned office building located near the intersection of W. Post Road and S. Decatur Boulevard. The Property consists of a one-story, single- tenant office space designed to accommodate a variety of professional business uses. The surrounding area features a mix of commercial properties, retail outlets, and dining options, providing convenience and amenities for tenants. With a prime location in a busy commercial corridor, the Property benefits from a high traffic count of approximately 45,500 Vehicles Per Day (VPD).
Area Description
The Southwest Las Vegas Submarket, extending from Tropicana Avenue to Blue Diamond Road and just southwest of the I-215 Beltway, is a rapidly growing area with a focus on modern office developments. The submarket includes around 6 million SF of office space, primarily concentrated along Durango Drive and Rainbow Boulevard. Its strategic location near affluent residential areas like Summerlin and Southern Highlands drives strong demand.
Vacancies in the submarket are at 8.2%, slightly below the metro average, while annual rent growth stands at 5.9%, well above the historical average. This growth highlights the submarket’s increasing desirability and its appeal to businesses seeking prime office space in a thriving area.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
8,222 SF
Building Class
B
Year Built
2006
Price
$3,288,800
Price Per SF
$400
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,222 SF
Building FAR
0.48
Lot Size
0.39 AC
Opportunity Zone
Yes
Zoning
Light Industrial (I-L) - Light Industrial (I-L)
Parking
72 Spaces (8.57 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
Parcel Number | 162-31-311-003 | Improvements Assessment | $409,079 |
Land Assessment | $80,268 | Total Assessment | $489,347 |
PROPERTY TAXES
Parcel Number
162-31-311-003
Land Assessment
$80,268
Improvements Assessment
$409,079
Total Assessment
$489,347
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Bldg A | 4580 W Post Rd
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