• Broker Cathy Jones 7025958765
  • Broker Allyson Weber 7022788865
  • Broker Paul Miachika 6028140661
  • Broker Karim Chatoor 7029687309
  • Broker Blaze Katz 7026900407

840 Grier Dr 66,212 SF Office Building Las Vegas, NV 89119 $19,864,000 ($300.01/SF)

View Photo

INVESTMENT HIGHLIGHTS

  • PRIME LOCATION: The Property is located on Sunset Rd directly across from Harry Reid Intl. Airport with 364 ft of street frontage & runway visibility.
  • OPPORTUNITY ZONE: Situated within an Opportunity Zone, the Property offers substantial tax benefits.
  • TURNKEY INFRASTRUCTURE, FULL BUILDING OR CONDO OPTIONS: Property is fully equipped with existing improvements and offers flexible infrastructure.
  • INCOME TAX FREE STATE: Nevada has no state income tax.

EXECUTIVE SUMMARY

Link to OM: https://logiccre.com/1031_properties/rare-%c2%b166212-sf-full-building-office-or-condo-owner-user-investment-opportunity/
840 Grier Dr. is a three-story office building, totaling approximately ±66,212 SF on ±3.73 acres. The building was constructed in 1997 and is located within the MGM office campus in Central Las Vegas. Ideally positioned near major highways I-15 and I-215, the Property boasts ±364 feet of frontage along Sunset Rd. (±31,600 CPD) and enjoys unobstructed visibility from the main runway at Harry Reid International Airport, which welcomed 57.6 million visitors in 2023. This vacant building presents versatile opportunities: an investor could lease it to a large single tenant or multiple tenants, or the Property could be sold to an owner-user or subdivided as condos for sale to multiple owner-users. The building's existing infrastructure supports all theses options, having previously functioned as a multi-tenant facility before the most recent tenant vacated at the conclusion of their lease term.
Link to OM: https://logiccre.com/1031_properties/rare-%c2%b166212-sf-full-building-office-or-condo-owner-user-investment-opportunity/

ATTACHMENTS

880 Grier Dr.

PROPERTY FACTS

Sale Type
Owner User
Property Type
Office
Building Size
66,212 SF
Building Class
B
Year Built
1997
Price
$19,864,000
Price Per SF
$300.01
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
22,071 SF
Slab To Slab
14’
Building FAR
0.41
Lot Size
3.73 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
IP

AMENITIES

  • 24 Hour Access
  • Atrium
  • Controlled Access
  • Security System
  • Signage
  • Direct Elevator Exposure
  • Balcony

LINKS

  • Link to OM

PROPERTY TAXES

Parcel Number 177-03-510-017 Improvements Assessment $3,182,481
Land Assessment $1,194,221 Total Assessment $4,376,702

PROPERTY TAXES

Parcel Number
177-03-510-017
Land Assessment
$1,194,221
Improvements Assessment
$3,182,481
Total Assessment
$4,376,702

MAP

ADDITIONAL PHOTOS

View Photo 880 Grier Dr.
View Photo 880 Grier Dr.
View Photo 880 Grier Dr.
View Photo 880 Grier Dr.
View Photo 880 Grier Dr.
View Photo 880 Grier Dr.
  • Listing ID: 34468841

  • Date on Market: 1/13/2025

  • Last Updated: 5/12/2025

  • Address: 840 Grier Dr, Las Vegas, NV 89119