CBRE Arranges Sale of 18,000 Square Feet Office Building in Las Vegas

CBRE has arranged the $2.8 million sale of an 18,000 sq. ft., two-story office building in Las Vegas, Nev., to a private buyer.

CBRE’s Travis Landes, Marc Magliarditi and Michael K. Hsu represented the seller, PBTK 95 Jones LLC, in the transaction.

Located at 6100 Elton Avenue, the space can accommodate a variety of layout configurations, allowing an owner-user to occupy or a single or multi-tenant build-out. The building also has signage facing Interstate 95 (I-95), 90 parking spaces with 38 covered and an outdoor courtyard.

“Flexible office space like this building is a great investment in the Las Vegas market,” said Mr. Landes, vice president at CBRE. “The Las Vegas owner user office market is very active. Savvy business owners in Southern Nevada are identifying purchase options due to the limited availability of products. As fundamentals in the market remain strong with a thinning construction pipeline, offices in prime locations will be heavily sought after by businesses looking for the best space to call home.”

The property is located off I-95 and Jones Blvd., just north of West Charleston Blvd. and Jones Blvd. The property provides regional connectivity for all residents between the Summerlin community and Downtown Las Vegas, with access to the freeway connecting the Summerlin and Henderson submarkets.