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19960330
19960331

98 E Lake Mead Pkwy, Henderson, NV 89015

DH
NV S.0169547, CA DRE# 02240880
Keller Williams Realty Las Vegas
Listed by Keller Williams Realty Las Vegas
$6,250,000
454 days on market
Updated 40 days ago

St. Rose Dominican Medical Plaza

Details
APN 17918503002
Property Type Office
Sub Type Medical Office
Square Footage 41,676
Cap Rate 7.89%
NOI $493,000
Occupancy 87%
Tenancy Multi
Lease Type NNN
Price per SqFt $150
Class B
Year Built 1992
Stories 3
Acreage 0.700
Zoning Downtown Mixed-Use (DX)
Parking Spaces 211 spaces
Parking Per SqFt 5.06

41,676 SF | 87% Leased | Office Building | Henderson, NV 89015 | $6,250,000 ($150/SF) 7.89% Cap Rate

Marketing description

For Sale

Investment highlights

  • Value-add triple net medical office building with major upside potential situated on a Dignity Health hospital campus.
  • Interstate freeway and highway access w/high traffic counts on a busy signalized hard corner.
  • Professionally managed.
  • Strong established government and healthcare tenants on long term leases w/ annual increases and renewal options.
  • Significant capital improvements completed from 2018-2022 and positioned to qualify for Henderson Redevelopment District Grant Program.
  • 17 suites / 3 floors / 5:1k parking ratio

Listing Contacts

DH
NV S.0169547, CA DRE# 02240880
Keller Williams Realty Las Vegas
Listed by Keller Williams Realty Las Vegas

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$493,000.00
$41,083.33/mo

Valuation Metrics

0
DSCR
7.89%
Cap Rate
7.89%
ROI

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Additional Information

Name
David Houle
License
S.0169547
Brokerage
KW Commercial, a division of Keller Williams Realty Las Vegas
Title
Director
Brokerage Address
9420 West Sahara Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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