4530 S Decatur Blvd - Medical FOR SALE


Las Vegas, NV 89103- West of the Strip
$13,988,000 USD
702-286-2355
4530 S Decatur Blvd, Las Vegas, NV for Sale
$13,988,000 USD
Medical - FOR SALE
1/25
null | Request Cap Rate

4530 S Decatur Blvd
Las Vegas, NV 89103
West of the Strip


HIGHLIGHTS

  • Approximately 49,833 SF professional office building on 2.54-acre site
  • Potential owner/user with income
  • High-quality interior finishes and impressive common areas
  • Strong visibility and frontage along S. Decatur Boulevard
  • Surrounded by established commercial, retail, restaurant, and employment uses
  • Convenient access to I-15, the Las Vegas Strip, and Harry Reid International Airport

OVERVIEW

Excellent opportunity to acquire a highly visible, well-maintained professional office property strategically located along the Decatur Boulevard corridor, just west of the Las Vegas Strip. The property consists of approximately 49,833 square feet situated on approximately 2.54 acres and offers an attractive combination of existing tenancy and potential owner-user occupancy. The building's flexible floor plans and multiple suites provide a new owner with the ability to occupy a portion of the property while benefiting from rental income generated by existing tenants. Originally constructed in 1997, the property has undergone significant improvements, including upgrades to the HVAC and roof along with high-end interior finishes featuring marble flooring, upgraded carpeting, wood veneer wall and column treatments, and an impressive two-story atrium. Investment / Owner-User Opportunity: The property's existing tenant base provides immediate income while offering an owner-user the potential to establish its business within the building and offset occupancy costs through rental income. Alternatively, an investor can capitalize on the opportunity to lease the available space and increase the property's overall income and value. Investment Considerations: The combination of location, existing tenancy, available space, and a substantial 2.54-acre site creates multiple acquisition strategies. An investor can pursue additional lease-up and stabilization, while an owner-user can take advantage of the available space while retaining income from the property's existing tenants. The property's central Las Vegas location, visibility along Decatur Boulevard, proximity to the Strip and major transportation corridors, and substantial parking further position 4530 S. Decatur Boulevard as a compelling acquisition opportunity for investors and owner-users seeking a quality office asset in the Las Vegas market.

FOR SALE DETAILS

PRICE

$13,988,000 USD

PRICE/SF

$281 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

121

LAND DETAILS

LAND ACRES

2.54 AC

LAND SF

110,642 SF

ZONING

CG, County

APN/PARCEL ID

162-19-301-024

ASK ABOUT THIS PROPERTY

Derek BelanusNorthcapMore Info
702-286-2355

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Derek BelanusNorthcapMore Info
702-286-2355

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.