100% LEASED TWO-TENANT, SINGLE-STORY OFFICE BUILDING LOCATED IN THE LAS VEGAS TECHNOLOGY CENTER
Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire fee simple interest in the Arcata Building (the “Property”, “Building”). The Offering includes one, single-story office building leased to two reputable tenants since original construction and located in the Las Vegas Tech Center just south of MountainView Hospital and adjacent to the Summerlin Master-Planned Community, one of the foremost masterplanned communities in America and the preferred office submarket in Las Vegas, Nevada.
Occupied by Arcata Associates, Inc, an original tenant since construction in 2004 (39%), and ADT Security Services, Inc., a tenant since 2004 (61%). ADT recently completed $300,000 of interior improvements and has spent well over $750,000 in improvements during its 13-year occupancy.
The Building is well-parked with 130 surface parking stalls (5.5/1,000sf) and provides a strategic location with access to US-95 (1 mile east) and Summerlin Parkway (1 mile south). The trade area enjoys a wealth of complementary businesses and neighboring amenities.