1100 E. Bridger Ave.
Owner-User or Value-Add Investment Office Opportunity
Marketing description
LINK TO OM: https://logiccre.com/1031_properties/1100-e-bridger-ave/
The Investment Services Group of LOGIC Commercial Real Estate is pleased to present for sale, 1100 E. Bridger Avenue, a multi-tenant professional office property located in Downtown Las Vegas, just over half a mile from the Fremont Street Experience. The subject property is comprised of two buildings, a two-story and a three-story structure, totaling ±35,930 square feet on a ±0.63-acre corner parcel plus a nearby ±0.58 acre parking lot. The two-story building was constructed in 1961 and the three-story building in 1997. This property offers a compelling opportunity for investors seeking value-add potential in one of Las Vegas' most centrally located submarkets.
The property can be delivered with ±52% occupancy at close of escrow, with a mixed tenant base that includes Protective Force International, KLA Capital, and E-Tech Construction. Alternatively, the property can be delivered to accommodate an owner-user occupying a larger portion or up to the entire ±35,930 SF (contact broker for more details). The property features a total of 90 parking spaces, with 25 surface spaces located on-site and an additional 65 spaces available in dedicated and gated parking lot on the block immediately to the North of the property. The property's central Downtown Las Vegas location provides convenient access to Interstate 11, connecting tenants and their clientele to the greater Las Vegas valley and beyond.
LINK TO OM: https://logiccre.com/1031_properties/1100-e-bridger-ave/
Investment highlights
LINK TO OM: https://logiccre.com/1031_properties/1100-e-bridger-ave/
VALUE-ADD OR OWNER-USER OPPORTUNITY: The property can be delivered with ±52% occupancy at close of escrow, providing future ownership with significant upside potential through lease-up of the remaining vacant space. Alternatively the property can be delivered to accommodate an owner-user occupying up to the entire ±35,930 SF (Contact Broker for more details). The property's size and configuration make it a compelling opportunity not only for investors, but also for owner-users looking to acquire and occupy a well-located professional office asset.
CENTRALLY LOCATED IN DOWNTOWN LAS VEGAS: Situated on a corner lot just over half a mile from the Fremont Street Experience and less than half a mile from Interstate 11, the property provides convenient access to the greater Las Vegas valley and strong connectivity to one of the city’s most active corridors. The property is also within close proximity to a wide range of demand drivers, including government offices, courthouses, financial institutions, and entertainment destinations, supporting strong long-term tenant demand.
AMPLE PARKING :In a dense urban environment, such as Downtown Las Vegas, the property offers a total of 90 parking spaces, with 25 spaces located on-site and an additional 65 spaces available in a dedicated and gated parking lot in the block immediately to the North, ensuring tenants and their clientele have reliable parking, which is an advantage that sets the property apart from many other downtown office options.
OPPORTUNITY ZONE: The property is located within a designated Opportunity Zone, offering investors potential tax incentives and advantages when deploying capital into the asset.
LINK TO OM: https://logiccre.com/1031_properties/1100-e-bridger-ave/
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