8880 and 8930 Sunset Rd

CBRE Capital Markets, acting as exclusive advisor on behalf of the Owner, is pleased to offer the opportunity to acquire 8880 & 8930 W. Sunset, Las Vegas, NV (the “Property” or “Buildings”). The offering is comprised of two Class A, three-story office buildings, totaling ± 95,002 SF. The portfolio is strategically located in the rapidly growing Southwest Las Vegas submarket, perfectly situated between Summerlin and Henderson with direct access to the CC-215. Built in 2009 of a steel frame with stucco/stone exterior, the assets are part of a Class A, master planned, eight building, professional office campus, known as Corporate Center at the Curve, with these two assets enjoying prominent highway visibility to the CC- 215, which sees over 60,000 vehicles per day.
Investment Highlights
CLOSE PROXIMITY TO THREE HOSPITAL CAMPUSES
* Southern Hills Hospital and Medical Center, part of the Sunrise Health System, is a 265 bed hospital approximately one-half mile from the assets.

* St. Rose San Martin Hospital, part of Dignity Health, is a 147 bed hospital that is approximately 2 miles from the assets.

* Spring Valley Hospital, part of the Valley Health System, is approximately 4 miles from the assets. Spring Valley Hospital has 365 beds featuring all private rooms.
RAPIDLY GROWING SUBMARKET
* Station Casino’s latest project Durango Resort opened in late 2023 featuring an 83,178 SF casino, 209 rooms in a 15-story tower, 4 restaurants, and a food hall with 11 outlets.

* UnCommons mixed use project with 28 curated restaurants, a food hall, retail, and apartments is under development with restaurants already open.

* The Bend mixed use development, directly adjacent to the project on Sunset, is currently under construction adding to the nearby amenities these assets benefit from.
ASSET MANAGEMENT
* All leases are triple net (NNN) structured allowing for full operating expense reimbursement.

* Common area landscaping is managed by the original developer via a Declarant Mitigating Management Oversight agreement, therefore relieving ownership of managing the landscaping, while ensuring consistency throughout the development.