www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
23923715
23923724

350 Falcon Ridge Parkway, Building 300, Mesquite, NV 89027

EC
NV b.143955.llc
Prime Properties Mesquite
Listed by Prime Properties Mesquite
$1,590,000
356 days on market
Updated 84 days ago

Owner User Opportunity 2800+ sf, Plus rental income 3 suites

Details
APN 001-18-114-014
Property Type Office
Sub Type Creative Office, Executive Office (+1)
Square Footage 7,838
Net Rentable (SqFt) 7,838
Units 4
Cap Rate 2.16%
NOI $34,286
Occupancy 100%
Tenancy Multi
Lease Type Gross
Price per SqFt $203
Broker Co-Op Yes
Class B
Year Built 2006
Buildings 1
Stories 1
Acreage 0.790
Investment Type Owner/User

Office | 2.16% CAP | 7,838 SF - For Owner/User, 2800+ sf, Suite 301 is Month to Month or xtnd Lease

Marketing description

Nice 4 unit commercial building fully rented. Very stable rentals. One is to Highway Patrol at market rates. Other 3 are at below market rates. Two of the four are on year leases that come up for renewal in mid 10/25 & 2/26. Could be a great opportunity for an owner/user who wants up to approximately 4100 sf combined with income on balance of the property, or opportunity to rent fresh to new tenants at market rates or re-negotiate rates closer to market with existing tenants. Established business center popular with medical and other professional. Current tenants are Highway Patrol, two churches, and a real estate office. Suite 301 is approximately 2800 sf and is leased to a church, through 2/28/26. Suite 302 is approximately 2400 sf, and is leased to a church and is leased through 5/30/31. Suite 303 is approx 1319 sf and is leased to NHP through 8/31/27. Suite 304 is approximately 1319 sf and is leased to a real estate office through 5/30/31. Total income currently is approx. $4,443/mo. Total expenses currently, excluding debt service are estimated at $1587/mo. If Suites 301 & 304 were to be rented at closer to market rent, total income would be closer to $6,000/mo

Investment highlights

Would be a fantastic opportunity for an owner user who wants to start with one or two of the suites and collect rent on the rest of them until/as they grow.

Listing Contacts

EC
NV b.143955.llc
Prime Properties Mesquite
Listed by Prime Properties Mesquite

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$34,286.00
$2,857.17/mo

Valuation Metrics

0
DSCR
2.16%
Cap Rate
2.16%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591