Property History
The subject property is a business condominium totaling 14,593 SF, 1st floor, located at 1661 W. Horizon Ridge Dr, Henderson, NV, 89102. The property is adjacent to the affluent and high-growth community of MacDonald Highlands, home to some of the wealthiest residents in the state. Fresenius Medical Care signed a corporate-backed 15 year, NN lease which commenced March 2015. The building was constructed in 2008. The lease calls for favorable increases of 1.7% annually.
For more than 100 years now, Fresenius has been working to save lives and improve the quality of life of its patients. Fresenius is a premier renal healthcare company completing more than +/-50 million dialysis treatments per year worldwide and has an industry leading network of more than 4,116 clinics across 100+ countries.
15 YEAR INITIAL LEASE TERM EXPIRES MARCH 2030
INVESTMENT GRADE TENANT
ESSENTIAL DIALYSIS OUTPATIENT SERVICE
DISASTER RESISTANT INVESTMENT
ATTRACTIVE RENT GROWTH OF 1.7% ANNUALLY
FIRST FLOOR OF TWO-STORY BUILDING CONSTRUCTED IN 2008
LOCATED ADJACENT TO AFFLUENT MACDONALD HIGHLANDS COMMUNITY
CLOSE PROXIMITY TO HOSPITALS AND ADJACENT TO NUMEROUS MEDICAL OFFICES
HEALTHCARE RELATED REAL ESTATE HAS BEEN THE LEAST AFFECTED BY E-COMMERCE
GOVERNMENT FUNDING HEALTHCARE UNDER THE MEDICARE ESRD PROGRAM
EXCELLENT ACCESS AND LOCATION
STRONG MEDICAL DEMOGRAPHICS
HENDERSON IS THE FASTEST GROWING CITY IN THE STATE
- ±2,642 Sellable SF Office Condo
- (±2,210 Usable SF)
- Turn Key Finished Office
- City Views
- Frontage On Horizon Ridge Parkway With Great Sign Visibility
- Upgraded Modern Lobby, Restrooms
- 3 Premium Reserved Covered Parking Spaces Included
- Parking Ratio: 4:1,000
- Building Signage Available
- Approximately 4 Minutes To I-215 Freeway
- Minutes Away From St. Rose Hospital, The District & Green Valley Ranch Hotel And Casino
- Zoning: Neighborhood Commercial (CN)
- For Sale: $554,820 ($210 Per Sellable Square Foot)
- Association Dues: $581.24/Month
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Zoning
Property Details
Contacts
Map
Comparable Properties
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