Pecos 215 Plaza Office FOR SALE


Henderson, NV
$13,400,000 USD
702-768-6459
, Henderson, NV for Sale
$13,400,000 USD
Office - FOR SALE
1/13
null | 8.66% Cap Rate

Pecos 215 Plaza
Henderson, NV


HIGHLIGHTS

  • ATTRACTIVE OFFICE OFFERING IN SUBURBAN CAMPUS SETTING | FOUR (4) SINGLE-STORY PROFESSIONAL OFFICE BUILDINGS
  • AMENITY RICH ENVIRONMENT LOCATED AT PECO/215 INTERCHANGE

OVERVIEW

ATTRACTIVE OFFICE OFFERING IN SUBURBAN CAMPUS SETTING * Portfolio of four (4) single-story, free-standing professional office buildings located in Henderson within the Pecos 215 Plaza, a beautifully maintained office park with ample parking and convenient drive-up accessibility. * The four buildings, totaling ±48,748 SF, offer a mix of medical and professional tenants in a suburban setting. The rent roll provides strong cash flow with annual 3%+ increases. * The portfolio historically outperforms the market consistently averaging ±90% occupancy under current ownership. Flexible lease terms allowing a potential conversion to medical uses at a higher lease rate. AMENITY RICH ENVIRONMENT * Located at the Pecos/215 interchange, nearly 165,000 vehicles pass by the property each day. * Situated approximately one mile from Green Valley Ranch Resort + Casino and The District at Green Valley Ranch, a ± 50 acre mixed-use development with outdoor shopping, dining, and entertainment. * The portfolio is within a prime location in Green Valley, Nevada’s first master planned community, which consists of 1,310-acres in Henderson Nevada, with a mix of residential, commercial, and recreational amenities. STRONG MARKET MOMENTUM * As of 1Q25, the Southeast submarket has a low office vacancy rate of 10.2% and an average asking lease rate of $2.55 FSG. * Spaces under 5,000 SF are continuously in high demand in the market. * Tenant demand within the market will remain strong due to limited opportunity to develop similar product in the Southeast submarket.

ASK ABOUT THIS PROPERTY

Michael HsuCBREMore Info
702-768-6459

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Michael HsuCBREMore Info
702-768-6459

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