Investment Overview

Marcus & Millichap is pleased to offer the rare opportunity to acquire 8655 South Eastern Avenue, a single-story office / medical building located in Las Vegas, Nevada (the “Property” or “Asset”). This exceptionally well-located Asset, adjacent to Henderson, is part of a master-planned business park just seconds north of the I-215 Beltway. The Asset will be delivered with a three (3) year leaseback on 30% of the SF by a affiliate of Optum Health. The Asset sits at the southeastern portion of the Eastern Canyon Plaza, which consists of 18 medical, office and retail buildings with no current vacancies besides this Asset. The site features excellent visibility with +/- 400 feet of frontage on Eastern Avenue, which experiences over 32,000 vehicles per day between Pebble Road and Wigwam Avenue. The site has near immediate ability to access the I-215, which connects to I-15, Hwy 146, and I-11/ I-515. This highly desired location is centrally located between the Dignity St. Rose Dominican Hospital-Sienna Campus, McCarran International Airport, and the Eastern Avenue retail corridor. Furthermore, employees can easily access this location commuting from Henderson, Summerlin, and all other parts of the Las Vegas metropolitan area. The unique exposure along Eastern provides for exceptional building signage opportunities and enables future ownership to pursue a variety of business plans. The Asset was previously home to an office tenant with the main entrance and significant plumbing centered in the middle of the building. The Asset could be split into multiple suites that can accommodate office, medical, or retail uses. All the existing improvements are in place for a mid-to-large-sized corporation including private offices on each end of the building, large open areas for workspaces with significant natural light, multiple conference rooms, employee break rooms, copy/work rooms and centralized restrooms.