Shift4 Corporate Headquarters

Asset Type

Office

Address
1551 Hillshire Dr Las Vegas, NV United States 89134-6321
Asking Price

Contact for pricing

Sq Footage

66,780

Year Built

1993

Cap Rate

N/A

Additional Attributes

Property Description

New corporate headquarters for secure payment processing company Shift4, for sale in Las Vegas. This single tenant building underwent a complete overhaul and renovation in 2018 for Shift4, creating a brand-new building infrastructure for the tenant and new ownership. Property is a mission-critical office facility, accommodating tenant growth and area consolidation. Situated in an industrial office area, close to residential.

Investment Highlights


  • Corporate lease with 10 years of firm lease term remaining with no termination options
  • NNN lease structure; landlord recoups operating expenses
  • Annual rent increases of 3% with three 5-year renewal options at fair rental value
  • Shift4 received an over $4 million tenant allowance, and recent capital improvements totaled nearly $1.2 million
Listing Contacts
Tivon Moffitt
Tivon Moffitt
SVP, Capital Markets
+65 3159 4021
AZ - BR639369000 NE - 20170674 NC - LC673 UT - 11178542-AB00 NV - 186027
Peter Bauman
Peter Bauman
SVP, Capital Markets
+65 3159 4021
AZ - SA647389000 NV-186153
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