Greenlite Partners Sells Office Property In Las Vegas For $26M
9075 West Diablo Drive, Las Vegas, Nevada 89148, United States
$26,000,000
$387/SF
Building Size
67,145 SF
Asset Type
Office
Closing
Jul 25, 2022
AI
The office property located at 9075 W Diablo Dr in Las Vegas, NV has been sold. The seller, Greenlite Partners, enlisted the services of Marlene Fujita Winkel from Cushman & Wakefield as the broker who represented them in the transaction. The sale price for the property was $26,000,000, with a total area of 67,145 square feet. The price per square foot came to $387.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $26,000,000
- Address: 9075 W Diablo Dr, Las Vegas, NV
- Market: Las Vegas, NV
- Seller: Greenlite Partners
- Broker: Marlene Fujita Winkel - Cushman & Wakefield
- Size: 67,145 square feet
- Price per Square Foot: $387
Marlene Fujita Winkel, an experienced broker from Cushman & Wakefield, played a crucial role in facilitating the transaction. The collaboration between Greenlite Partners and Marlene Fujita Winkel resulted in the successful sale of the office property at 9075 W Diablo Dr. This deal showcases the negotiation and expertise of both parties involved.
Las Vegas Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.61%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93