10615 Park Run DrLas Vegas, NV 89144

Property Details for 10615 Park Run Dr

Year built

2005

Construction

CONCRETE

Lot size

2.35 AC

Property size (Sq ft)

39,676 SF

Property type

Office properties

Property subtype

Office buildings

APN

137-36-412-006

APU

13736412006

Description

This exceptional two-story office building, totaling approximately 39,900 square feet, presents a remarkable leasing opportunity in the thriving Summerlin submarket of Las Vegas, Nevada. Located at 10615 W Park Run Dr, 89144, this Class B property, built in 2005, offers flexible floor plans suitable for a variety of businesses, with a minimum divisible space of 10,000 square feet and up to 39,900 square feet contiguous. The building features convenient access to the 215 Freeway via Charleston Boulevard, ensuring easy commutes. Its prime location at the intersection of Park Run Drive and Town Center provides unparalleled connectivity to the flourishing communities of Summerlin, Mountains Edge, Skye Canyon, Centennial Hills, and Alliante. Tenants will benefit from the proximity to a wealth of amenities, including established retail, restaurants, and services from both local and national brands. The property's strategic location near Downtown Summerlin, Constellation and Tanager luxury rental residences, Red Rock Casino Resort & Spa, City National Arena (Vegas Golden Knights practice facility), and Las Vegas Ballpark (Aviators stadium) further enhances its appeal. The building includes elevators and boasts a two-story design. This is an outstanding opportunity to establish a presence in one of Las Vegas's most sought-after master-planned communities, consistently ranked among the nation's top sellers. The entire 39,900 square feet is currently vacant and available for lease.

• CAP approach

  CAP return

  Valuation

  6%

  $13,097,623

  6.5%

  $12,090,113

  7%

  $11,226,534

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,949,086

  Geo Method

  $7,949,086

• Alternative Use

  Use

  Valuation

  Residential

  $14,991,741

  Hospitality

  $13,732,354

  Educational

  $11,425,157

  Medical

  $11,818,086

  Retail

  $17,772,466

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.1605

Longitude

-115.326

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].