True
Space Available For Lease 1
Suite 104 |
Amy LanceCushman & Wakefield |
Contacts
Amy Lance
Cushman & Wakefield
Property Details
- Property Type Office
- Property Size 29,303 SF
- Additional Rent Contact for pricing
- # of Floors 2
- Parking Ratio 5.84 / 1,000 SF
- Building Class B
- Year Built 2006
- Date Updated Nov 20, 2024
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Highlights
- LONG-TERM TENANCY Two tenants
- which make up 47% of the total square feet occupied
- have been in place for seven years or longer. In a market where tenant leases are typically three to five years
- the weighted average lease term (WALT) is an attractive investment metric for buyer’s consideration. Additionally
- Walgreens recently reevaluated its footprint during its most recent lease renewal and right-sized its footprint for future occupancy. Therefore
- the space occupied is sized for their operational needs as a regional administrative office. MINIMAL FUTURE TENANT IMPROVEMENTS 53%
- or all but two suites
- have recently been renovated to current interior standards. These recent renovations provide a new owner with turn-key spaces. If tenants are to vacate after their current lease cycle
- minimal tenant improvements would be required to attract a new tenant. Furthermore
- these suites are 5
- 000 sf or less
- which is what 70% of tenants in the market occupy. 7.99% Cap Rate (In-Place). 10
Getting around
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Walk Score ®
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Transit Score ®
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Bike Score ®
Location
- City Las Vegas, NV
- Neighborhood Spring Valley
- Zip Code 89118
- Market Las Vegas
Points of Interest
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Mandalay Bay
3.02 miles
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Luxor
3.16 miles
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Rideshare Pickup
3.22 miles
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Excalibur
3.24 miles
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Excalibur North
3.33 miles
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Park MGM Tram Station
3.49 miles
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The Crystals Tram Station
3.62 miles
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Bellagio Tram Station
3.64 miles
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MGM Grand
3.70 miles
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Terminal 1
4.17 miles
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Chevron
0.12 miles
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Maverik
0.75 miles
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Arco
0.80 miles
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Conoco
0.83 miles
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76
1.28 miles
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Shell
1.29 miles
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Rebel
1.32 miles
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Fil's Gas Station
1.37 miles
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Tesla Supercharger
1.79 miles
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Linq High Roller Supercharger
4.33 miles
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Allegiant Stadium Lot Z
2.04 miles
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Lot S
2.32 miles
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Ford Lot J
2.33 miles
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Ford Lot H
2.39 miles
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Lot W
2.39 miles
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Lot K
2.42 miles
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Ticketmaster Lot G
2.42 miles
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OSV Lot
2.43 miles
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West Garage
2.46 miles
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Lot F
2.48 miles
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SpringHill Suites Las Vegas Airport
0.85 miles
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Holiday Inn Express & Suites Las Vegas SW - Spring Valley
1.14 miles
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Club De Soleil
1.96 miles
-
WorldMark Las Vegas - Tropicana Avenue
2.02 miles
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Holiday Inn Express Las Vegas - South
2.26 miles
-
Residence Inn Las Vegas South
2.32 miles
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Courtyard Las Vegas South
2.33 miles
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Fairfield Inn & Suites Las Vegas Stadium Area
2.33 miles
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Staybridge Suites Las Vegas
2.34 miles
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La Quinta Inn & Suites by Wyndham LV Tropicana Stadium
2.66 miles
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Macy's
1.38 miles
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Dollar General Market
1.55 miles
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Walmart Supercenter
1.59 miles
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Marshalls
1.59 miles
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Albertsons
1.61 miles
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Ross
1.66 miles
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Sprouts Farmers Market
1.76 miles
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Smith's
2.09 miles
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Kohl's
2.58 miles
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Target
2.58 miles
5888 W Sunset Road Listing Brief
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Leasing rates here can depend on a variety of factors, including the quality rating of the property (property class or building class), the position of the available space within the building, any unique attributes that the listed space may include, as well as on the availability of on-site or nearby amenities. Reach out using the contact form available on this page to schedule a tour or to get more detailed information on the most modern facilities and amenities that 5888 W Sunset Road has to offer.
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The property offers a parking ratio of 5.84 / 1,000 SF, which translates to a total of 171 parking spaces. See the listing area details for information and ratings regarding the degree of walkability in the neighborhood, the accessibility and frequency of public transit options, as well as the level of availability and quality of biking infrastructure in the area. What’s more, you can use the interactive map for a good overview of the area. Location details also include a breakdown of distance from the property to several essential amenities and points of interest, which may include parking facilities, fuel stations, stores, or hotels.
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This property is in the Spring Valley neighborhood of Las Vegas and located within zip code 89118.
5888 W Sunset Road was originally completed in 2006 and is rated class B. The building includes 29,303 square feet, of which 3,015 square feet is rentable office space.
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Amy Lance
Cushman & Wakefield