The Gramercy - other in Las Vegas, NV
Other

The Gramercy

the gramercy, las vegas, NV 89148

Price

Price on request

Description

Office Space Available at The Gramercy! The Gramercy is a Class A mixed use project consisting of approximately 200,000 rentable square feet of existing office and retail space. The Gramercy is made up of two 4-story buildings comprised of first floor retail along with second, third and fourth floor office space. Conveniently located along the I-215 Beltway on Russell Rd., the property has immediate access and excellent freeway visibility. Located within 15-20 minutes of Downtown Las Vegas, Green Valley, Summerlin and Harry Reid International Airport. On-site amenities include: DW Bistro, Pinches Tacos, Anima by EDO,  Raw Fitness,  KOMI Hair Salon along with 160 residential units plus another 294 units currently under construction.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

the gramercy, las vegas, NV 89148

Marker
Leaflet © OpenStreetMap contributors

Market Context

As of Q1 2026, the Las Vegas other market showed average asking rents near $30.42/SF/yr, and rents up 25.1% year over year. Source: multiple brokerages Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Compare it against other other listings for sale in Las Vegas, NV to benchmark pricing and space — view the full market.

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Financing Assumptions

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.

Market Employment Trend

YoY Growth:+1.9%
Avg Weekly Wage:$1,378

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population2,329,548
Median Income$76k
College Educated24.9%↓ 8.5pp
Median Age38.5 yrs
Median Home Value$431k
Unemployment7.6%↑ 4.0pp

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Assumptions
  • Interest rate: 6.47% (FRED live)
  • Loan term: 25 years
  • Down payment: 25.0%
  • Market comparison: other in las vegas, NV

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Listed by

CBRE System Import