319 S 3rd St, Las Vegas, NV 89101

The Draper is a ±13,000 SF, two-story office building located in the Civic & Business District of Downtown Las Vegas. Fully renovated in 2022, the building features updated systems, modern finishes, and flexible demised suites—making it ideal for an owner-user, legal or professional group, or an investor aiming to reposition the asset and unlock long-term value.

Currently leased to three tenants on short-term Modified Gross leases, the building offers modest interim cash flow with a clearly defined path to future occupancy or re-leasing at market rates. The first suite—±2,658 SF—becomes available January 31, 2026, with the full ground floor (±6,158 SF) available by October 31, 2026. This creates a unique timeline for phased control, occupancy, or repositioning.

Strategically located steps from the Regional Justice Center, Las Vegas City Hall, and the Federal Courthouse, The Draper sits in one of the city’s most institutional and enduring office nodes. Whether for occupancy or reinvestment, this is a rare opportunity to acquire a fully upgraded, standalone Downtown asset at a cost basis well below replacement value.

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