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30889110
30889111

3660 N Rancho Dr, Las Vegas, NV 89130

CC
NV S.0180161
Executive Realty Services
Listed by Executive Realty Services
$4,439,000
86 days on market
Updated 14 days ago

3660 N. Rancho - For Owner Occupancy or Investment 6.75% CAP

Details
APN 138-12-213-043
Property Type Office, Retail
Sub Type Creative Office, Medical Office (+1)
Square Footage 22,195
Units 5
Cap Rate 6.38%
NOI $283,000
Occupancy 38%
Tenancy Multi
Price per SqFt $200
Class B
Year Built 2000
Year Renovated 2020-2026
Buildings 1
Acreage 1.510
Zoning C-2
Investment Type Owner/User
Sale Condition 1031 exchange

NorthWest || 11K-18K Office for Owner Occupy |Total 22K SqFt

Marketing description

3660 N. Rancho Drive presents a rare opportunity to acquire a well-maintained, multitenant office property in a high-visibility North West Las Vegas location. Built in 2000, the ± 22,195 SF, single-story building sits on approximately ± 1.61 AC, with 5 suites, totally up to 18,715sqft for owner occupy. Tenant may be willing to renew the lease for investors. Located within the Rancho Gowan Business Park, the asset benefits from strong surrounding demographics, excellent accessibility, and close proximity to retail, dining, and service amenities. With its combination of modern construction and prime location, 3672-3674 N. Rancho Drive is well-positioned as a compelling owner/user option in the Las Vegas office market.

Investment highlights

The Gowan Business Park offers excellent office and flex space in northwest sub market of Las Vegas. The Rancho Gowan Business Park is a very attractive master-planned business park with thirty five (35) buildings totaling 200,000 (+/-) square feet of office/lex buildings. Located in the Rancho Gowan Business Park amongst the +/-200,000 SF of office and flex space, this +/-22,000 Sf office building is situated in the middle of the park. Great parking for the building and access to many streets that can take you to any part of the city in 10-15 minutes. This building has many turn key suites ready for Tenants to occupy. This is a desirable business park for this sub-market and Tenants that call it home are happy with the parks quality of landscape and up keep. Come join the happy owners of the Rancho Gowan Business Park.

Listing Contacts

CC
NV S.0180161
Executive Realty Services
Listed by Executive Realty Services

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$283,000.00
$23,583.33/mo

Valuation Metrics

0
DSCR
6.38%
Cap Rate
6.38%
ROI

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Additional Information

Name
Cici Cong
License
S.0180161
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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