240-506-2017
701 Bridger Ave, Las Vegas, NV for Sale
Office - FOR SALE
1/16
null | Request Cap Rate

701 Bridger Ave
Las Vegas, NV 89101
Downtown Las Vegas


HIGHLIGHTS

  • Compelling value-add opportunity at 69% occupancy with significant near-term rollover
  • Diverse tenant mix anchored by non-profits and government uses
  • Improving market fundamentals, with 3 consecutive quarters of positive absorption and sub-10% vacancy in Downtown Las Vegas
  • Above-market parking ratio with a secure, gated parking garage
  • Growing downtown demand drivers, including $4B of completed and planned projects minutes away at Symphony Park
  • Downtown headquarters potential for an owner/user, with over 20,000 SF immediately available

OVERVIEW

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.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

701 Bridger

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

8

BUILDING CLASS

B

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

252

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

-

APN/PARCEL ID

139-34-710-059

ASK ABOUT THIS PROPERTY

Mark SchuesslerColliersMore Info
240-506-2017

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Mark SchuesslerColliersMore Info
240-506-2017

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