Positioned in the heart of the rapidly evolving Maryland Parkway corridor adjacent to the University of Nevada L as Vegas (UNLV), this ±152,598 square foot, five-building office campus spans approximately 7.49 acres and represents a rare opportunity to secure both near-term income and long-term redevelopment potential.
The offering includes two fully leased GSA buildings backed by 15-year lease terms (10 years firm), providing s table, institutional credit income with no early termination rights, a highly desirable feature for investors focused on predictable cash flow and federal tenancy.
The remaining buildings include two vacant office buildings, primed for adaptive reuse or immediate occupancy, and one partially occupied asset offering short-term flexibility for lease-up or repositioning. This configuration presents a compelling covered land play, where existing income supports a longer-term development horizon.
Offered as a whole or with the option to carve out the GSA-leased assets, the structure allows for strategic buyer segmentation, whether targeting developers and owner-users looking to control a large, high-visibility site, or credit-focused investors seeking stable returns from federal tenancy.
Rising construction and land costs make it increasingly difficult to deliver new product at scale, this asset offers a capital-efficient alternative with a built-in income stream, central location, and access to infrastructure, transit, and municipal incentives. With growing institutional attention on the corridor, the property offers an ideal platform for near-term yield and long-term upside in one of Las Vegas’ most strategically important submarkets.