Share This Listing

Message

949 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

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

Save this listing!

Favourite this listing to get notified of price updates, new media and more

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

OFFERS DUE: TUESDAY, DECEMBER 9TH, 5 PM PT
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

Sale Type
Investment or Owner User
Property Type
Office
Building Size
66,984 SF
Building Class
B
Year Built/Renovated
1984/2004
Price
$9,422,460 CAD
Price Per SF
$140.67 CAD
Cap Rate
7.54%
NOI
$710,454 CAD
Percent Leased
69%
Tenancy
Multiple
Building Height
8 Stories
Typical Floor Size
8,373 SF
Building FAR
1.69
Lot Size
0.91 AC
Opportunity Zone
Yes
Parking
252 Spaces (3.76 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Car Charging Station

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Health Care and Social Assistance
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

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

  • Professional, Scientific, and Technical Services
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

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.

  • Public Administration
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

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
  • 1st Fl-Ste 110
  • 1,334 SF
  • Office
  • Full Build-Out
  • 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
  • 3,619 SF
  • Office
  • Full Build-Out
  • 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
  • 1,833 SF
  • Office
  • Full Build-Out
  • 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
  • 3,840 SF
  • Office
  • Full Build-Out
  • 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
  • 5,292 SF
  • Office
  • Full Build-Out
  • 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.

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.

Walk Score®
Walker's Paradise (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
139-34-710-059
Land Assessment
$846,058 CAD
Improvements Assessment
$4,995,224 CAD
Total Assessment
$5,841,282 CAD
  • Listing ID: 38089787

  • Date on Market: 2025-10-15

  • Last Updated:

  • Address: 701 Bridger Ave, Las Vegas, NV 89101

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}