Rancho Alexander Business Park — Sale in Las Vegas, NV
- Price: Contact for price
- Listing type: For sale
- Asset type: Office
- Location: Las Vegas, NV 89130
- Year built: 2005
Photos
Description
Marcus & Millichap is pleased to present the opportunity to acquire a three-building small-bay flex industrial portfolio totaling approximately 38,185 square feet, located at 4155, 4161, and 4175 N. Rancho Drive in Las Vegas, Nevada. Constructed in 2005, the portfolio features high-quality tilt-up concrete construction with clear heights ranging from 18 to 21 feet and a total of eight grade-level drive-in doors. The assets offer a highly functional suite configuration, with spaces ranging from approximately 1,300 square feet to 7,209 square feet. The Portfolio is currently 100% occupied by 9 tenants across 11 suites. The portfolio's flexible design allows ownership to accommodate a diverse tenant base through the ability to combine adjacent suites or further subdivide existing spaces, providing long-term leasing flexibility and enhanced operational versatility. Investment Highlights: • The Assets are made up of three high-quality small bay flex industrial building with tilt-up construction in 2005, offering 21' warehouse clear heights and eight drive-in doors on a +/- 3.36 acre site • The Property is 100% occupied across all 11 suites with minimal near-term rollover risk, reducing anticipated re-tenanting and turnover costs for future ownership • Lease expirations are staggered and concentrated over the next three years, providing a future investor with the ability to methodically mark rents to market • All leases are structured NNN, minimizing landlord expense exposure
Market Context
This office in Las Vegas, NV is listed for sale. The building dates to 2005. Compare it against other office listings for sale in Las Vegas, NV — view the full market.
As of Q2 2026, the Las Vegas office market showed a 12.2% vacancy rate, and average asking rents near $29.46/SF/yr. Source: multiple brokerage reports, Q2 2026.
Office market FAQ
- Is the Las Vegas office market tightening or softening?
- Vacancy is around 12.2% (Q2 2026).
Contact
- Gary Frazier, II · (702) 215-7107 · gary.frazier@marcusmillichap.com
- Peter Bauman · (602) 687-6685 · pbauman@ipausa.com
- Tivon Moffitt · (602) 687-6688 · tmoffitt@ipausa.com
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