EXECUTIVE SUMMARY
Centennial Advisers presents The Barrister Building, an exceptional value-add
acquisition opportunity located in the heart of Las Vegas’ most prestigious legal
corridor. This 6,800 SF mixed-use property at 325 S. 3rd Street is 100% vacant,
offering unmatched f|exibility for owner-users and investors alike. The two-story
structure features 4,600 SF of leasable space across 13 f|exible suites, providing the
perfect opportunity for law {rms or professionals seeking a presence in Las Vegas’
thriving legal hub.
The property’s prime location, directly across from the Las Vegas Justice Court and
within walking distance of the Regional Justice Center, Clark County Government
Center, and other major government buildings, offers unparalleled convenience for
law firms and legal professionals. The building’s corner exposure on S. 3rd Street and
Lewis Avenue ensures exceptional brand visibility and high foot traffic from
attorneys, clients, and court personnel daily.
The property is offered at $2,600,000, with a price per SF of $371. This presents an
excellent opportunity to acquire an asset in a district with limited office supply,
supported by a government employment base and strong demand from legal
professionals. The proforma income potential exceeds $150,000 annually at market
rents, significantly higher than the previous rent roll of $100,260.
This vacant condition allows for immediate customization without tenant
negotiations or buyouts, making it ideal for owner-users looking to design their ideal
legal office or investors seeking to reposition the property to market rates. The
Barrister Building provides complete f|exibility to reconfigure space, create signature
office environments, and capitalize on its strategic location in the Downtown Las
Vegas redevelopment district.