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The Pinnacle 203 S Water St 13,019 SF 100% Leased Office Building Henderson, NV 89015 $5,301,760 CAD ($407.23 CAD/SF)



INVESTMENT HIGHLIGHTS
- Second and third floors feature private balconies with expansive views of the dynamic urban streetscape
- Excellent Regional Connectivity: Located less than half a mile from Highway 564 and just over 1.5 miles from Interstate 11
- Prime Downtown Henderson Location: Situated in the heart of the Water Street District
EXECUTIVE SUMMARY
Marcus & Millichap and Jones Lang LaSalle are pleased to present the opportunity to acquire a premier mixed use property located at 203 Water Street (“Asset” or “Property”) in the heart of downtown Henderson (Las Vegas MSA), Nevada. This high-quality, three-story mixed-use property features a restaurant tenant occupying the first floor, with Class B office space on the second and third floors, offering a prime investment or owner user opportunity in one of the region’s most vibrant and rapidly growing urban corridors.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
13,019 SF
Building Class
B
Year Built
2006
Price
$5,301,760 CAD
Price Per SF
$407.23 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,340 SF
Slab To Slab
12’
Building FAR
2.30
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
DX, Henderson - Downtown Mixed Use
Parking
20 Spaces (1.54 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
- Conferencing Facility
- Food Service
- Restaurant
- Signage
- Central Heating
- Air Conditioning
- Balcony
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Walk Score®
Very Walkable (86)
PROPERTY TAXES
| Parcel Number | 179-18-710-227 | Improvements Assessment | $1,059,343 CAD |
| Land Assessment | $33,381 CAD | Total Assessment | $1,092,725 CAD |
PROPERTY TAXES
Parcel Number
179-18-710-227
Land Assessment
$33,381 CAD
Improvements Assessment
$1,059,343 CAD
Total Assessment
$1,092,725 CAD
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The Pinnacle | 203 S Water St
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