Investment Overview

Marcus & Millichap is pleased to present an exclusive investment opportunity for a single-story professional office building located at the hard, signalized corner of East Sahara Avenue at Burnham Avenue, just one city-block west of Eastern Avenue. This infill office location is surrounded by an extremely dense residential population consisting of 204,625 residents in the surrounding three-mile radius and desirable frontage on East Sahara Avenue with traffic counts of 41,000 AADT. Ability to attract corporate single-tenant users or owner/occupiers. Several ground-up redevelopment projects have recently been undertaken in the surrounding vicinity. With forecasts predicting an estimated population growth of 240,000 new residents to Las Vegas over the next five years combined with its strongest fourth-quarter office-space absorption on record, and with all-time record-breaking gambling revenues across Nevada casinos, Las Vegas is well-positioned for continued office demand and increased rental rates, especially in areas of major population density such as the Subject Property. Separately parceled, 1860 East Sahara shares access, parking, and common area expenses with the larger 157,702-square-foot Park Sahara professional office campus encompassing approximately 3.57 acres of land.