Intermountain Healthcare Single Tenant Net Leased Medical
100% Occupied Single Tenant Investment Opportunity
Marketing description
MDL Group is pleased to present 1397 S. Loop Rd. (the “Property”) for sale as a single tenant net leased asset. The property consists of a ±57,021 SF ultramodern, state of the art medical facility that was completed in September of 2017. The facility was created to bring a higher level of efficiency, convenience, and medical care services for the local community. The facility is laid out with multiple pods separating various specialties. The building serves as a one-stop shop, providing primary, specialty, and urgent care, as well as imaging inclusive of X-ray, MRI, CT, ultrasound, and nuclear medicine services, all under one roof which is offered seven days a week.
Pahrump is an unincorporated town located at the southernmost tip of Nye County, Nevada, and lies adjacent to the Nevada–California border and is 1-hour west of Las Vegas, and 1-hour east of Death Valley National Park. Pahrump truly is the heart of the desert and the perfect place to enjoy the best of southern Nevada.
Modern day Pahrump is one of the fastest growing communities in the west. Its new urban features are visible from Highway 160 – with numerous casinos, the Pahrump Valley and Sanders Family Wineries, and the Pahrump Valley Speedway and Spring Mountain Motor Resort & Country Club. The beautiful wild countryside is a hotspot for RV rallies, outdoor enthusiasts, and avid golfers with the addition of Mountain Falls Golf Club and Lake View Executive Golf Course. From ATV and OHV (all-terrain vehicles and off highway vehicles) to cultural festivals and spectacular events, visitors will be blown away by how much Pahrump has to offer.
Investment highlights
+ Parcel Number - 035-571-30
+ Intersection - Nevada State Rd. & Loop Rd.
+ Building Size - ±57,021 SF
+ Land Size - ±7.26 AC
+ Year Built - 2017
+ Parking - 354 Asphalt parking spaces
+ Zoning - General Commercial
+ Traffic Counts - ±23,600 Vehicles per day NV-160
+ 2027 NOI: $1,795,943.71
+ Lease Expiration: 09/04/2037
+ 10% rent increase every 5 years.
+ Owner-Licensee
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