The Draper - Business Office Suites 319 S 3rd St Bureau 1 208 m² 100 % Loué À vendre Las Vegas, NV 89101 4 058 356 € (3 360,29 €/m²)

The Draper is a ±13,000 SF, two-story office building located in the Civic & Business District of Downtown Las Vegas. Fully renovated in 2022, the building features updated systems, modern finishes, and flexible demised suites—making it ideal for an owner-user, legal or professional group, or an investor aiming to reposition the asset and unlock long-term value.
Currently leased to three tenants on short-term Modified Gross leases, the building offers modest interim cash flow with a clearly defined path to future occupancy or re-leasing at market rates. The first suite—±2,658 SF—becomes available January 31, 2026, with the full ground floor (±6,158 SF) available by October 31, 2026. This creates a unique timeline for phased control, occupancy, or repositioning.
Strategically located steps from the Regional Justice Center, Las Vegas City Hall, and the Federal Courthouse, The Draper sits in one of the city’s most institutional and enduring office nodes. Whether for occupancy or reinvestment, this is a rare opportunity to acquire a fully upgraded, standalone Downtown asset at a cost basis well below replacement value.
-----------
DISCLAIMER: The information contained herein has been obtained from sources deemed reliable but has not been verified for accuracy or completeness. No guarantee, warranty, or representation, either express or implied, is made with respect to such information. All terms, conditions, and availability are subject to change or withdrawal without notice. All financial information, including but not limited to cap rates, pro forma financials, income and expense estimates, and projected returns, is provided for informational purposes only and does not constitute a representation, warranty, or guarantee of future performance. Any financial projections are hypothetical estimates based on current market conditions and assumptions and should not be relied upon as a guarantee of actual results. Lease terms, rental income, and tenant details provided herein are summarized from lease agreements but are not a substitute for a thorough review of the actual lease documents. No representation is made regarding the continued occupancy, financial stability, or future performance of any tenant. Market conditions, interest rates, and economic factors impacting real estate values and investment performance are subject to change and are beyond the control of the broker and property owner. Prospective buyers are solely responsible for evaluating these risks as part of their due diligence. No representation or warranty is made regarding the condition of the property, the presence or absence of environmental hazards (including but not limited to asbestos, mold, or other contaminants), or compliance with local, state, or federal laws and regulations, including but not limited to the Americans with Disabilities Act (ADA), zoning, permitting, or building codes. All logos, trademarks, and images contained herein are the property of their respective owners. Use of these materials without express written consent is prohibited. By receiving or reviewing these materials, you acknowledge and agree to the terms of this disclaimer. © 2025 Hatrak Commercial. All rights reserved.