Property Listing No Longer Available for Sale

5215-5245 Ponderosa Way, Las Vegas, NV

Office for Sale - $5,455,000 - 27,458 Sq. Ft. on 2.07 acres


Property Info

CIMLS#971767
Location
  5215-5245 Ponderosa Way
  Las Vegas NV 89118
UpdatedFebruary 16th, 2018
TypeOffice
Price$5,455,000
Building27,458 Sq. Ft.
Land2.07 acres

Property Description

Modern fully leased office park located in the high demand southwest Las Vegas sub-market with excellent mix of regional and national tenants. Potential value add opportunity with significant upside potential in below market rents. As leases expire, rents can be brought to market offering management the opportunity to increase income and value. 3 building park comprising of main 2-story building with breakroom, bathrooms on each floor, elevator, key card entries and high end finishes PLUS 2 single stand alone buildings.

Location Description:

Prime southwest Las Vegas submarket location off Decatur Boulevard and the 215 beltway. Ideally situated with ease of access to I-15, 215 beltway, McCarran Airport, Summerlin and Henderson/Green Valley. Close to amenities including the strip, Town Square and more and within walking distance to public transportation.

Highlights:

>> Built in 2006

>> Below market rents offering considerable upside potential

>> Excellent southwest sub-market location

>> Ease of access to I-15 and 215 beltway, amenities, public transportation

>> Modern yet timeless, functional design

>> Great mix of diverse regional and national tenants

>> Highly efficient cooling tower system

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Financials