Red Rock Business Center
The property provides an excellent location along the 1-215 Beltway (Brent Thurman Way frontage road), approximately 0.38 miles north of Sunset Rd., having the civic addresses of 6140 and 6180 Brent Thurman Way, City of Las Vegas, State of Nevada. The property offers 677 feet of highway frontage with tremendous visibility from the I-215 and can be accessed via Brent Thurman Way, situated to the west, or Patrick Ln., situated to the north via Durango Dr. Additionally, Brent Thurman Way and Durango Dr. offer direct access to the 1-215 Beltway Approximately 0.50 mile to the north and 1.17 miles to the southeast, respectively. The site is approximately 6.5 miles west of McCarran International Airport and is equidistant between two of Las Vegas’ largest and most populated master planned communities: Summerlin and Green Valley Ranch.
The site is near a variety of retail and restaurant amenities located at The Arroyo, a 450-acre mixed-use master planned development, which is home to Wal-Mart, Best Buy, Chili’s, Sam’s Club, Chipotle, Office Max, Sammy’s Woodfired Pizza, Home Depot, Mimi’s Cafe and many more. In addition to service amenities, the property is minutes from the Southern Hills Hospital, a 130-bed, full-service hospital located at the northeast corner of Fort Apache Rd. and Sunset Rd.
WGH Partners sold Red Rock Business Center in October 2015.
Red Rock Business Center consists of two (2), 2-story office buildings totaling 74,010 rentable square feet. All suites are accessed via covered exterior walkways and store front doors. The buildings each offer two (2) covered, exterior stairwells and one (1) elevator. The building’s parking ratio is 4/1000 which includes available covered parking.
Red Rock Business Center is located on Brent Thurman Way off the I-215 near Patrick Avenue. The property has excellent views and visibility off of the I-215.
WGH Partners completed the redevelopment of Red Rock Business Center in less than eight months.
Location: SW Las Vegas
Status: SOLD in 2015
ROI: IRR 35.55%
9275 West Russell Road
Las Vegas NV 89148