Listed by Executive Realty Services
$4,999,900
Medical |Office Center-2500 W Sahara |Possible Owner
Details
APN 162-05-818-004
Property Type Office
Sub Type Traditional Office, Medical Office
Square Footage 22,382
Units 7
Cap Rate 7.56%
NOI $378,024
Tenancy Multi
Rent Bumps Yes
Pro-Forma NOI $449,742
Price per SqFt $223
Class B
Year Built 1996
Year Renovated 2025
Stories 2
Acreage 1.400
Zoning C-1
Parking Spaces 95 spaces
Parking per 1,000 SqFt 4.24
Investment Type Stabilized
Office | 7.56% CAP | 22,382 SqFt
Marketing description
Located on busy West Sahara Avenue — directly across from Palace Station Casino, at W. Sahara Ave & Rancho Drive.
The West Sahara corridor is one of Las Vegas' most established mid-city office corridors, positioned between I-15 and US-95 at the center of the metro's professional services hub.
Medical office is the highest-demand segment in the West submarket, driven by proximity to two major hospital campuses and the growing outpatient care sector.
Investment highlights
- Centralized location within the West Las Vegas sub-market
- On-site professional property management
- Significantly below the current comparable market sales (asking price)
- Below Replacement Cost: ~$223/SF vs. $400-$450/SF for new construction in Las Vegas.
- High CAP Rate of 7.56%: Well above market for comparable medical/office assets.
- Multiple Medical Tenants: ARC Health, Consultants Medical Group & Individualized Mindful Solutions — recession-resistant income.
- Seller Guarantee: 2 vacant suites — seller guarantees rent 12 months or leases up prior to closing, targeting 7.56% CAP at $5.0M.
- New 5-Year Lease Signed Jan 2026: Individualized Mindful Solutions (5,584 SF) — confirms strong demand.
Listing Contacts
Listed by Executive Realty Services
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$378,024.00
$31,502.00/mo
Valuation Metrics
0
DSCR
7.56%
Cap Rate
7.56%
ROI
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