Narrative 6795 S Agilysys Way

Colliers, as exclusive advisor, is pleased to present Narrative, a one-of-a-kind, brand-new construction, trophy, generational asset located in the best performing submarket of Las Vegas.
Narrative (the “Property” or “Project”) is truly “best of the best” product in the single most desirable submarket of Las Vegas, the Southwest. The Property delivers everything that the modern tenant desires with the highest construction quality in the market (steel frame, floor-to-ceiling glass), unobstructed frontage/visibility along the 215 freeway, building signage, exclusive parking, and approximately 50,000 square feet of walkable retail/restaurant amenities with another 40,000 square feet planned.
The location and quality of the Project attracted extremely high-credit tenants that make up the 95% leased rent roll, which boasts approximately 8 years of weighted average remaining lease term. With post-2008 constructed office product in the Southwest submarket sitting at just 4.0% vacancy, virtually all remaining land with frontage along the I-215 freeway is already spoken for. Given the non-existent development pipeline, Narrative is expected to remain one of the top assets in the market well into the future.
Narrative presents an incredibly rare opportunity for an investor to acquire a brand-new construction, stabilized, trophy asset at below replacement cost. Given the highly limited subset of properties that fit this mold and the long-term/forever-hold capital that controls much of the most desirable product and land in Las Vegas, Howard Hughes Corporation, this offering may be one of the last opportunities for a private investor to acquire trophy real estate in the Southwest.