Listed by JDS Real Estate Services, Inc.
$3,122,123
Vegas Medical Investment
Details
Property Type Office
Sub Type Medical Office
Square Footage 7,980
Cap Rate 6.50%
NOI $202,938
Occupancy 100%
Tenancy Single
Lease Type Modified
Lease Term 10
Remaining Term 7
Year Built 1999
Year Renovated 2021
Acreage 0.980
Zoning P-C
Parking Spaces 6.70 per 1,000 sq ft
Investment Type Stabilized
Office | 6.50% CAP | 7,980 SqFt
Marketing description
- Situated just west of Downtown Las Vegas, this property in year 3 of a 10-year lease benefits from immediate access to major transportation corridors including Interstate 15, U.S. Highway 95, and Charleston Boulevard, one of the valley’s primary east-west roadways. The surrounding area is anchored by numerous healthcare providers, specialty medical practices, and medical support services, creating a strong ecosystem for healthcare users and supporting businesses. The property’s central location provides convenient access for patients and employees throughout the Las Vegas area, while its proximity to established residential neighborhoods and population centers enhances its long-term viability as a healthcare destination. Recently remodeled, including the installation of new HVAC units in 2021, this property is in great condition with high-quality operations. Email [email protected] for more information!
Investment highlights
- Long-term (10-yr) lease with well-known tenant
- Medical office located in THE medical hub of Las Vegas
- Recently remodeled property with newer HVAC units
- Ideally located less than 2 blocks from I-15 and only a few minutes from I-11
Listing Contacts
Listed by JDS Real Estate Services, Inc.
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$202,938.00
$16,911.50/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
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