900 S Pavilion Center Dr
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900 S Pavilion Center Dr
67,900 SF 79% Leased Office Building Las Vegas, NV 89144 $23,600,000 ($348/SF) 7.08% Cap Rate
Investment Highlights
- 900 S Pavilion Center Drive is an opportunity to purchase a single-story suburban 68,734-square-foot office building.
- Offices have a mix of open creative spaces with bullpen cubicle areas, private offices, separate entrances, restrooms, and break areas.
- In the heart of Summerlin, with surrounding amenities that cater to shopping, dining, and entertainment within a mile of 900 S Pavilion Center Dr.
- Las Vegas has experienced significant growth in population over the last two years, along with diversification in the local economy.
Executive Summary
Gatski Commercial is pleased to present the opportunity to acquire 900 S Pavilion Center Drive. Features include a single-story office building with a partial mezzanine in the highly desirable Summerlin submarket near Charleston and the CC-215. Many high-profile businesses, including dental, advertising, healthcare, and telecommunications, occupy 900 S Pavilion Center Drive.
Nearby neighbors to the office building include Red Rock Casino and the Downtown Summerlin shopping complex. 900 S Pavilion Central Drive's central location offers access to over seven million square feet of retail within a three-mile radius that serves 72,000 households earning more than $125,000 annually. Immediate access to CC-215 is available via Charleston Boulevard, less than one mile away for best-in-class features and the opportunity to own a diverse tenant base at 900 S Pavilion Center Drive.
Nearby neighbors to the office building include Red Rock Casino and the Downtown Summerlin shopping complex. 900 S Pavilion Central Drive's central location offers access to over seven million square feet of retail within a three-mile radius that serves 72,000 households earning more than $125,000 annually. Immediate access to CC-215 is available via Charleston Boulevard, less than one mile away for best-in-class features and the opportunity to own a diverse tenant base at 900 S Pavilion Center Drive.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
67,900 SF
Building Class
B
Year Built
2002
Price
$23,600,000
Price Per SF
$348
Cap Rate
7.08%
NOI
$1,671,966
Percent Leased
79%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
46,582 SF
Slab To Slab
14’
Building FAR
0.31
Lot Size
5.00 AC
Zoning
PC, Las Vegas - Planned Community District
Parking
233 Spaces (3.39 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Mix of open creative space, bullpen/ cubicle space, and private offices. Complete with separate private entrance, restrooms, and break area.
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 200 | 14,252 SF | Office | - | Now |
2nd Fl-Ste 200
| Size |
| 14,252 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
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2nd Fl-Ste 200
| Size | 14,252 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
Mix of open creative space, bullpen/ cubicle space, and private offices. Complete with separate private entrance, restrooms, and break area.
Walk Score ®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 137-36-412-014 | Improvements Assessment | $3,796,186 |
| Land Assessment | $1,440,747 | Total Assessment | $5,236,933 |
PROPERTY TAXES
Parcel Number
137-36-412-014
Land Assessment
$1,440,747
Improvements Assessment
$3,796,186
Total Assessment
$5,236,933
1 of 16
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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900 S Pavilion Center Dr
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