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1100 E Bridger Ave 35,930 SF 52% Leased Office Building Las Vegas, NV 89101 $7,136,189 CAD ($198.61 CAD/SF)
Investment Highlights
- VALUE-ADD OR OWNER-USER OPPORTUNITY: Can be delivered with 52% occupancy at close of escrow
- AMPLE PARKING: Property Offers a total of 90 parking spaces, with 25 located on-site and an additional 65 spaces in a gated lot immediately North
- CENTRALLY LOCATED IN DOWNTOWN LV: On a corner lot just over 0.5 miles from Fremont Street Experience and less than 0.5 miles from Interstate 11
- OPPORTUNITY ZONE: Property is located within a designated Opportunity Zone
Executive Summary
LINK TO OM: https://logiccre.com/1031_properties/1100-e-bridger-ave/
The Investment Services Group of LOGIC Commercial Real Estate is pleased to present for sale, 1100 E. Bridger Avenue, a multi-tenant professional office property located in Downtown Las Vegas, just over half a mile from the Fremont Street Experience. The subject property is comprised of two buildings, a two-story and a three-story structure, totaling ±35,930 square feet on a ±0.63-acre corner parcel plus a nearby ±0.58 acre parking lot. The two-story building was constructed in 1961 and the three-story building in 1997. This property offers a compelling opportunity for investors seeking value-add potential in one of Las Vegas' most centrally located submarkets.
The property can be delivered with ±52% occupancy at close of escrow, with a mixed tenant base that includes Protective Force International, KLA Capital, and E-Tech Construction. Alternatively, the property can be delivered to accommodate an owner-user occupying a larger portion or up to the entire ±35,930 SF (contact broker for more details). The property features a total of 90 parking spaces, with 25 surface spaces located on-site and an additional 65 spaces available in dedicated and gated parking lot on the block immediately to the North of the property. The property's central Downtown Las Vegas location provides convenient access to Interstate 11, connecting tenants and their clientele to the greater Las Vegas valley and beyond.
LINK TO OM: https://logiccre.com/1031_properties/1100-e-bridger-ave/
The Investment Services Group of LOGIC Commercial Real Estate is pleased to present for sale, 1100 E. Bridger Avenue, a multi-tenant professional office property located in Downtown Las Vegas, just over half a mile from the Fremont Street Experience. The subject property is comprised of two buildings, a two-story and a three-story structure, totaling ±35,930 square feet on a ±0.63-acre corner parcel plus a nearby ±0.58 acre parking lot. The two-story building was constructed in 1961 and the three-story building in 1997. This property offers a compelling opportunity for investors seeking value-add potential in one of Las Vegas' most centrally located submarkets.
The property can be delivered with ±52% occupancy at close of escrow, with a mixed tenant base that includes Protective Force International, KLA Capital, and E-Tech Construction. Alternatively, the property can be delivered to accommodate an owner-user occupying a larger portion or up to the entire ±35,930 SF (contact broker for more details). The property features a total of 90 parking spaces, with 25 surface spaces located on-site and an additional 65 spaces available in dedicated and gated parking lot on the block immediately to the North of the property. The property's central Downtown Las Vegas location provides convenient access to Interstate 11, connecting tenants and their clientele to the greater Las Vegas valley and beyond.
LINK TO OM: https://logiccre.com/1031_properties/1100-e-bridger-ave/
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
35,930 SF
Building Class
B
Year Built
1961
Price
$7,136,189 CAD
Price Per SF
$198.61 CAD
Percent Leased
52%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
11,977 SF
Slab To Slab
12’
Building FAR
0.68
Lot Size
1.21 AC
Opportunity Zone
Yes
Zoning
P-R & R-4
Amenities
- 24 Hour Access
- Bus Line
- Signage
- Central Heating
- Drop Ceiling
- Air Conditioning
Very walkable
80/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,482 CAD | |
| Land Assessment | $438,671 CAD | Total Assessment | $442,153 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$438,671 CAD
Improvements Assessment
$3,482 CAD
Total Assessment
$442,153 CAD
Contacts
-
Cathy Jones -
Blaze Katz -
Paul Miachika -
Allyson Weber -
Kimberly Boyle -
Logic Commercial Real Estate
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1100 E Bridger Ave
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