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June 22, 2024
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TEXAS/SOUTHWEST NEWS
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Las Vegas Office Building Acquired in $2.8 Mil Sale

2/09/24

An 18k sf, two-story office building in Las Vegas traded for $2.8 mil ($156/sf). Located at 6100 Elton Ave, the building can accommodate a variety of layout configurations, allowing an owner-user to occupy or a single or multi-tenant build-out. The building also has signage facing I-95, 90 parking spaces with 38 covered and an outdoor courtyard.

The property is located off I-95 and Jones Blvd, just north of West Charleston Blvd and Jones Blvd. It provides regional connectivity for all residents between the Summerlin community and Downtown Las Vegas, with access to the freeway connecting the Summerlin and Henderson submarkets.

CBRE’s Travis Landes, Marc Magliarditi and Michael K. Hsu represented the seller, PBTK 95 Jones LLC, in the transaction.

“Flexible office space like this building is a great investment in the Las Vegas market,” said Landes. “The Las Vegas owner user office market is very active. Savvy business owners in Southern Nevada are identifying purchase options due to the limited availability of products. As fundamentals in the market remain strong with a thinning construction pipeline, offices in prime locations will be heavily sought after by businesses looking for the best space to call home.”





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