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701 Bridger 701 Bridger Ave 66,984 SF 69% Leased Office Building Las Vegas, NV 89101 $9,422,460 CAD ($140.67 CAD/SF) 7.54% Cap Rate



INVESTMENT HIGHLIGHTS
- Compelling value-add opportunity at 69% occupancy with significant near-term rollover
- Improving market fundamentals, with 3 consecutive quarters of positive absorption and sub-10% vacancy in Downtown Las Vegas
- Growing downtown demand drivers, including $4B of completed and planned projects minutes away at Symphony Park
- Diverse tenant mix anchored by non-profits and government uses
- Above-market parking ratio with a secure, gated parking garage
- Downtown headquarters potential for an owner/user, with over 20,000 SF immediately available
EXECUTIVE SUMMARY
PROPERTY WEBSITE (DOWNLOAD OM HERE): https://www.collierswesternregion.com/office/for-sale/701-bridger-las-vegas-nevada/85792825/
Colliers, as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in 701 Bridger (the “Property”), an eight-story, 66,984-square-foot office building in the heart of Downtown Las Vegas. Currently 69% leased, 701 Bridger offers investors durable but flexible in-place income with clear leasing upside while also providing immediate occupancy potential for an owner-user.
Anchored by a diverse mix of nonprofit, government, and private-sector tenants, including Nevada Legal Services, Teach for America, and the Chapter 13 Bankruptcy Trustee, the Property is aligned with the civic, professional, and cultural fabric that defines Downtown Las Vegas. This tenancy profile delivers stability, while the available space, efficient floor plates, and above-market parking ratio create flexibility for a wide range of future users.
The investment is further supported by a Downtown submarket that is experiencing clear momentum. Net absorption has been positive for three consecutive quarters, and transformative projects, such as more than $4 billion of completed and planned development at Symphony Park, are reshaping the urban core.
701 Bridger provides an attractive entry point into one of the nation’s fastest-growing markets, combining immediate leasing upside, owner/user headquarters potential, and powerful long-term demand drivers.
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Car Charging Station
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
DRIVEN is a multidisciplinary center where individuals with disabilities can improve their physical, mental and emotional health, increase independence, and enhance their overall quality of life using a holistic approach to wellness. It is an extension of Conquer Paralysis Now, a 501c3 non-profit organization. DRIVEN provides options for individuals with disabilities to pursue a healthy, active lifestyle. DRIVEN’s goal is to fill in the gaps in Southern Nevada and provide options for those with limited mobility. While offering a variety of new opportunities, DRIVEN will also coordinate with existing programs in the area that cater to this population to ensure that all of their needs are met
Nevada Legal Services, Inc. (NLS) is a non-profit organization providing free legal services to low income Nevadans. NLS is a state wide organization assisting every county in Nevada. They are funded through various sources but are primarily funded through a grant from the federal government by way of the Legal Services Corporation. Because they are primarily grant funded, they do have income guidelines we must follow. Generally, they can only represent Nevadans with income at or below 200% of the Federal Poverty Level. They also have restrictions on the amount of assets clients can have. With other grant funding these income levels can change. Please feel free to contact any of their offices and they will be more than happy to do an intake to see if you qualify for services.
Social Security provides financial protection for the nation’s people, supporting Americans throughout all of life’s journeys. They administer retirement, disability, survivor, and family benefits, and enroll individuals in Medicare. They also provide Social Security Numbers, which are unique identifiers needed to work, handle financial transactions, and determine eligibility for certain government services. Social Security provides retirement income for almost every American worker. They also administer Supplemental Security Income (SSI) to some individuals over a certain age who have limited income and resources. With retirement, disability, and survivors benefits, Social Security is one of the most successful anti-poverty programs in the nation's history. Social Security is committed to helping maintain the basic well-being and protection of the people they serve. They pay benefits to millions of people including retirees, children, widows, and widowers.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
Health Care and Social Assistance | - | $9.99 | Lorem Ipsum | Jan 0000 | |
|
Professional, Scientific, and Technical Services | - | - | Lorem Ipsum | Jan 0000 | |
|
Public Administration | - | $9.99 | Lorem Ipsum | Jan 0000 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Built in 1984 and renovated in 2004, Bridger Office Building is a 68,714-square-foot, Class-A, eight-story office building in the heart of downtown Las Vegas. Located just one block away from the Downtown Container Park and a variety of downtown’s other great dining and retail establishments, this building offers private covered parking, electric vehicle supercharging stations, and mint locker dry cleaning and laundry pick up services.
Built in 1984 and renovated in 2004, Bridger Office Building is a 68,714-square-foot, Class-A, eight-story office building in the heart of downtown Las Vegas. Located just one block away from the Downtown Container Park and a variety of downtown’s other great dining and retail establishments, this building offers private covered parking, electric vehicle supercharging stations, and mint locker dry cleaning and laundry pick up services.
Built in 1984 and renovated in 2004, Bridger Office Building is a 68,714-square-foot, Class-A, eight-story office building in the heart of downtown Las Vegas. Located just one block away from the Downtown Container Park and a variety of downtown’s other great dining and retail establishments, this building offers private covered parking, electric vehicle supercharging stations, and mint locker dry cleaning and laundry pick up services.
This high-quality 3,840 sq. ft. office space is now available and ready for immediate occupancy. The suite is in excellent condition and offers a modern, professional atmosphere ideal for businesses seeking a productive and attractive environment.
This high-quality 5,292 sq. ft. office space is now available and ready for immediate occupancy. The suite is in excellent condition and offers a modern, professional atmosphere ideal for businesses seeking a productive and attractive environment.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 110 | 1,334 SF | Office | Full Build-Out | 30 Days |
| 1st Fl-Ste 120-130 | 3,619 SF | Office | Full Build-Out | Now |
| 5th Fl-Ste 500 | 1,833 SF | Office | Full Build-Out | Now |
| 6th Fl-Ste 690 | 3,840 SF | Office | Full Build-Out | Now |
| 7th Fl-Ste 700 | 5,292 SF | Office | Full Build-Out | Now |
1st Fl-Ste 110
| Size |
| 1,334 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Fl-Ste 120-130
| Size |
| 3,619 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
5th Fl-Ste 500
| Size |
| 1,833 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
6th Fl-Ste 690
| Size |
| 3,840 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
7th Fl-Ste 700
| Size |
| 5,292 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 110
| Size | 1,334 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
Built in 1984 and renovated in 2004, Bridger Office Building is a 68,714-square-foot, Class-A, eight-story office building in the heart of downtown Las Vegas. Located just one block away from the Downtown Container Park and a variety of downtown’s other great dining and retail establishments, this building offers private covered parking, electric vehicle supercharging stations, and mint locker dry cleaning and laundry pick up services.
1st Fl-Ste 120-130
| Size | 3,619 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Built in 1984 and renovated in 2004, Bridger Office Building is a 68,714-square-foot, Class-A, eight-story office building in the heart of downtown Las Vegas. Located just one block away from the Downtown Container Park and a variety of downtown’s other great dining and retail establishments, this building offers private covered parking, electric vehicle supercharging stations, and mint locker dry cleaning and laundry pick up services.
5th Fl-Ste 500
| Size | 1,833 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Built in 1984 and renovated in 2004, Bridger Office Building is a 68,714-square-foot, Class-A, eight-story office building in the heart of downtown Las Vegas. Located just one block away from the Downtown Container Park and a variety of downtown’s other great dining and retail establishments, this building offers private covered parking, electric vehicle supercharging stations, and mint locker dry cleaning and laundry pick up services.
6th Fl-Ste 690
| Size | 3,840 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
This high-quality 3,840 sq. ft. office space is now available and ready for immediate occupancy. The suite is in excellent condition and offers a modern, professional atmosphere ideal for businesses seeking a productive and attractive environment.
7th Fl-Ste 700
| Size | 5,292 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
This high-quality 5,292 sq. ft. office space is now available and ready for immediate occupancy. The suite is in excellent condition and offers a modern, professional atmosphere ideal for businesses seeking a productive and attractive environment.
PROPERTY TAXES
| Parcel Number | 139-34-710-059 | Improvements Assessment | $4,995,224 CAD |
| Land Assessment | $846,058 CAD | Total Assessment | $5,841,282 CAD |
PROPERTY TAXES
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701 Bridger | 701 Bridger Ave
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