701 Bridger
8-Story Downtown Las Vegas Office | 69% Leased with Owner/User Potential
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OFFERS DUE: TUESDAY, DECEMBER 9TH, 5 PM PT
DOWNLOAD OM: 701 Bridger - Las Vegas, NV
Colliers, as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in 701 Bridger (the “Property”), an eight-story, 66,984-square-foot office building in the heart of Downtown Las Vegas. Currently 69% leased, 701 Bridger offers investors durable but flexible in-place income with clear leasing upside while also providing immediate occupancy potential for an owner-user.
Anchored by a diverse mix of nonprofit, government, and private-sector tenants, including Nevada Legal Services, Teach for America, and the Chapter 13 Bankruptcy Trustee, the Property is aligned with the civic, professional, and cultural fabric that defines Downtown Las Vegas. This tenancy profile delivers stability, while the available space, efficient floor plates, and above-market parking ratio create flexibility for a wide range of future users.
The investment is further supported by a Downtown submarket that is experiencing clear momentum. Net absorption has been positive for three consecutive quarters, and transformative projects, such as more than $4 billion of completed and planned development at Symphony Park, are reshaping the urban core.
701 Bridger provides an attractive entry point into one of the nation’s fastest-growing markets, combining immediate leasing upside, owner/user headquarters potential, and powerful long-term demand drivers.
Investment highlights
Compelling value-add opportunity at 69% occupancy with significant near-term rollover
Diverse tenant mix anchored by non-profits and government uses
Improving market fundamentals, with 3 consecutive quarters of positive absorption and sub-10% vacancy in Downtown Las Vegas
Above-market parking ratio with a secure, gated parking garage
Growing downtown demand drivers, including $4B of completed and planned projects minutes away at Symphony Park
Downtown headquarters potential for an owner/user, with over 20,000 SF immediately available
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