Brazill Team Real Estate provides real estate investment clients with the opportunity to buy and sell all segments of commercial property, including apartments, retail, office, single-tenant net-lease, industrial , healthcare, self-storage, seniors / housing, hospitality, land and special assets. Our office represents investors locally, nationally, and internationally.
The firm specializes in working with private equity and institutional investors. Our team prioritizes the investor’s goals and customizes an individual plan to ensure execution. We provide an in depth pro forma of yield expectations and exit strategy.
The Brazill Team’s expertise and years of experience and knowledge has made us a leading trustee sale team at the Las Vegas Auction. We raise capital to purchase residential and commercial real estate direct from auction.
- Industrial & Logistics: Driven by e-commerce and proximity to Southern California, submarkets like North Las Vegas are prime for warehousing. The industrial sector benefits from a structural shift where supply growth has slowed, resulting in tightening markets and renewed leasing interest.
- Medical Office Buildings (MOBs): With a growing and aging population in the Las Vegas Valley, MOBs remain highly resilient assets with consistent demand.
- Retail & Hospitality: Properties near entertainment corridors, resort developments, and booming suburban areas like Summerlin and Henderson continue to attract consumer traffic.
- Traditional Office: The office sector is more nuanced, with a Q1 of 2026 vacancy rate hovering around 12.5%. However, value-add opportunities exist, if assets are well-positioned in key submarkets like the South and West of Las Vegas.
- Owner-user: Owner-users are driving intense demand in the Las Vegas commercial real estate market. By purchasing properties for their own business rather than leasing, operators lock in predictable building operating costs, build equity, and capitalize on attractive SBA loan programs that require as little as 10% down.
Key drivers behind this trend include:
- SBA 504 Advantage: Owner-users only need to occupy 51% of the building, allowing them to lease out the remaining space to offset their mortgage and build long-term commercial equity.
- Corporate Relocations: A robust influx of businesses from Southern California—seeking lower operating costs and no state inventory tax—has created fierce competition for light industrial, flex, and office spaces.
- Suburban Outperformance: The most aggressive demand is concentrated in the southern and southwestern submarkets (like the I-15/Highway 592 corridor and near Harry Reid International Airport), where desirable low-rise properties built after 2000 are scarce.
- Market Benchmarks: Commercial properties in the Las Vegas metro are seeing average sale prices of roughly $440 per square foot, making ownership a strategic, long-term capital investment over volatile leasing rates
