Local Owner-User Purchases Office Building From Hillwood Properties LLC For $6.4M In Las Vegas
9501 Hillwood Drive
$6,400,000
$262/SF
Building Size
24,362 SF
Asset Type
Office
Closing
Sep 30, 2025
AI
A 24,362 square foot office property located at 9501 Hillwood Drive in Las Vegas, NV was sold for $6,400,000. The asset is situated in a market that supports such transactions, with a price per square foot of $263.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $6,400,000
- Address: 9501 Hillwood Drive
- Market: Las Vegas, NV
- Seller: Hillwood Properties LLC
- Broker: Marc Magliarditi - CBRE
- Square Footage: 24,362
- Price Per Square Foot: $263
Marc Magliarditi of CBRE represented the seller, Hillwood Properties LLC, in this transaction. The buyer is a local owner-user who acquired the property through the efforts of CBRE.
Players
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
2.48%
Cash-on-Cash
-0.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93