Park 2000
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Park 2000 For Lease
Building description
PARK HIGHLIGHTS
24-hour access with ample parking
Newly renovated exterior with fresh paint
Six bathrooms, kitchen, and updated plumbing throughout; several rooms include floor drains
Convenient airport location, with quick access to I-15 and I-215, and close proximity to major shopping and amenities
Flexible floor plan – potential to convert to open showroom or classroom configuration
Features multiple private offices, reception area, conference room, bullpen, and kitchen
One section equipped with 3-phase power (800–1000 amps)
PARK OVERVIEW
Park 2000 features three garden-style office buildings located in the Airport Submarket off E. Sunset Road, offering convenient access to both the I-15 Freeway and I-215 Beltway. Situated just minutes from Harry Reid International Airport and the Las Vegas Strip, Park 2000 provides quick connectivity to abundant dining and retail amenities, and sits directly across from Sunset Regional Park — the crown jewel of Clark County’s park system.
The property offers ample and covered parking and is zoned L1 for light industrial use, making it ideal for a wide range of business types, particularly those requiring substantial power capacity.
Park 2000 recently underwent a comprehensive renovation exceeding $1 million, including:
· New office spec suites in Building A
· Fresh exterior paint
· Enhanced desert landscaping
· Newly striped parking lot
Lease Details
Lease rate excludes utilities, property expenses, and building services
Single-tenant or divisible for multiple users
Available immediately
There are a set of 3 buildings:
Building A - 11980 SQFT; 6 suites with multiple national brand tenants; several corporate guarantees; average remaining lease term 3-4 years; there is one vacancy but I'm actively discussing with a security company. Modified gross lease.
Building B - 5950 SQFT; single tenant; SOS (for kids behavior) with a 5-year lease ending in 2030 + options. National Franchisor guaranteed. NNN lease.
Building C - 11290 SQFT vacant for owner occupy. It has multiple AC /electrical zones with large power (3-phase)
Zoning: LI (light industrial), permitted for warehouses
Income: Building A+ B total income will be $28K-$29K per month. For building C, assuming a low rent at $1.2 + $0.3CAM, total monthly will be $16800. So together, total rent income will be ~$45K per month.
Property conditions: Fully sprinklered. The previous owner spent >$1MM to remodel Building A. We remodeled Building B last year for SOS. Building C will need some remodeling.
Building B roof was replaced this year.
Monthly expenses: roughly <$8K per month
1. sprinkler monitoring / inspection: quarterly
2. weekly landscaping
3. Building A interior cleaning + lot cleaning: twice a week by DCR (existing tenant)
4. nightly patrol by Alarm Co 1X per night (optional)
5. Republic Trash
6. Sewer and water
7. common area electricity
8. HOA (Park 2000)
9. Property tax - low tax rate at 23K per year only
Building highlights
PARK HIGHLIGHTS
24-hour access with ample parking
Newly renovated exterior with fresh paint
Six bathrooms, kitchen, and updated plumbing throughout; several rooms include floor drains
Convenient airport location, with quick access to I-15 and I-215, and close proximity to major shopping and amenities
Flexible floor plan – potential to convert to open showroom or classroom configuration
Features multiple private offices, reception area, conference room, bullpen, and kitchen
One section equipped with 3-phase power (800–1000 amps)
PARK OVERVIEW
Park 2000 features three garden-style office buildings located in the Airport Submarket off E. Sunset Road, offering convenient access to both the I-15 Freeway and I-215 Beltway. Situated just minutes from Harry Reid International Airport and the Las Vegas Strip, Park 2000 provides quick connectivity to abundant dining and retail amenities, and sits directly across from Sunset Regional Park — the crown jewel of Clark County’s park system.
The property offers ample and covered parking and is zoned L1 for light industrial use, making it ideal for a wide range of business types, particularly those requiring substantial power capacity.
Park 2000 recently underwent a comprehensive renovation exceeding $1 million, including:
· New office spec suites in Building A
· Fresh exterior paint
· Enhanced desert landscaping
· Newly striped parking lot
Lease Details
Lease rate excludes utilities, property expenses, and building services
Single-tenant or divisible for multiple users
Available immediately
There are a set of 3 buildings:
Building A - 11980 SQFT; 6 suites with multiple national brand tenants; several corporate guarantees; average remaining lease term 3-4 years; there is one vacancy but I'm actively discussing with a security company. Modified gross lease.
Building B - 5950 SQFT; single tenant; SOS (for kids behavior) with a 5-year lease ending in 2030 + options. National Franchisor guaranteed. NNN lease.
Building C - 11290 SQFT vacant for owner occupy. It has multiple AC /electrical zones with large power (3-phase)
Zoning: LI (light industrial), permitted for warehouses
Income: Building A+ B total income will be $28K-$29K per month. For building C, assuming a low rent at $1.2 + $0.3CAM, total monthly will be $16800. So together, total rent income will be ~$45K per month.
Property conditions: Fully sprinklered. The previous owner spent >$1MM to remodel Building A. We remodeled Building B last year for SOS. Building C will need some remodeling.
Building B roof was replaced this year.
Monthly expenses: roughly <$8K per month
1. sprinkler monitoring / inspection: quarterly
2. weekly landscaping
3. Building A interior cleaning + lot cleaning: twice a week by DCR (existing tenant)
4. nightly patrol by Alarm Co 1X per night (optional)
5. Republic Trash
6. Sewer and water
7. common area electricity
8. HOA (Park 2000)
9. Property tax - low tax rate at 23K per year only
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Property History
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