Barrister Building

Las Vegas, NV 89101

Property Overview

Address 325 S 3rd St / Barrister Building
Property Type Office

Centennial Advisers presents The Barrister Building, an exceptional value-add acquisition opportunity located in the heart of Las Vegas’ most prestigious legal corridor. This 6,800 SF mixed-use property at 325 S. 3rd Street is 100% vacant, offering unmatched flexibility for owner-users and investors alike. The two-story structure features 4,600 SF of leasable space across 13 flexible suites, providing the perfect opportunity for law firms or professionals seeking a presence in Las Vegas’ thriving legal hub.

The property’s prime location, directly across from the Las Vegas Justice Court and within walking distance of the Regional Justice Center, Clark County Government Center, and other major government buildings, offers unparalleled convenience for law firms and legal professionals. The building’s corner exposure on S. 3rd Street and Lewis Avenue ensures exceptional brand visibility and high foot traffic from attorneys, clients, and court personnel daily.

The property is offered at $2,600,000, with a price per SF of $371. This presents an excellent opportunity to acquire an asset in a district with limited office supply, supported by a government employment base and strong demand from legal professionals. The proforma income potential exceeds $150,000 annually at market rents, significantly higher than the previous rent roll of $100,260.

This vacant condition allows for immediate customization without tenant negotiations or buyouts, making it ideal for owner-users looking to design their ideal legal office or investors seeking to reposition the property to market rates. The Barrister Building provides complete flexibility to reconfigure space, create signature office environments, and capitalize on its strategic location in the Downtown Las Vegas redevelopment district.

Highlights

UNRIVALED LEGAL DISTRICT LOCATION: The Barrister Building is located directly across from the Las Vegas Justice Court, providing immediate proximity to the Regional Justice Center, Clark County Government Center, and other major government offices. This prime location ensures consistent foot traffic from attorneys, clients, and court personnel, making it an ideal spot for law firms and legal professionals seeking an obvious, accessible office.

UNMATCHED BRAND EXPOSURE: With prime corner visibility on S. 3rd Street and Lewis Avenue, the building stands out in the heart of the city's legal district. This prominent location ensures exceptional brand exposure, attracting daily foot traffic from attorneys, clients, and court personnel. The Barrister Building provides the perfect opportunity to enhance your firm's presence and credibility in one of Las Vegas' critical judicial corridors.

FLEXIBLE SPACE WITH PREMIUM FEATURES: The 7,000 SF building includes 4,600 SF of leasable space across 13 flexible suites, ideal for a variety of office configurations. The property offers ADA-compliant features, 12 dedicated parking spaces, and high-quality finishes like tile flooring and Koa wood walls. This versatile layout allows you to tailor the space to your firm’s specific needs, creating a functional and professional environment.

SIGNIFICANT UPSIDE FOR INVESTORS: The property offers a significant value-add opportunity with a previous rent roll of $100,260, well below current market rates. With upgrades and renovations, the building could generate $150,000+ in annual revenue, providing an attractive return for investors. The property's vacant condition allows for immediate repositioning, offering an excellent opportunity to lease at market rates and maximize income potential.

Perfect Owner-User Opportunity: The 100% vacant building allows for immediate possession, providing law firms or legal professionals the chance to create a customized office. This is an excellent opportunity for owner-users to design the space according to their specifications, establishing a prominent presence in Downtown Las Vegas’ legal district. The building’s prestigious location and flexibility make it an ideal choice for firms seeking a permanent home in a highly sought-after area.

IDEAL FOR LEGAL FIRMS OR RELATED PROFESSIONALS: Located in the Downtown Las Vegas redevelopment district, the Barrister Building is surrounded by legal and government institutions, including the Fremont Street Entertainment District and Neonopolis Mall. The property’s proximity to courts and government offices makes it ideal for law firms and legal professionals. It also presents an excellent investment opportunity, offering the chance to develop a multi-tenant legal office building or a single-user headquarters in a growing, vibrant area.