St. Rose Dominican Medical Plaza
$6,250,000
98 East Lake Mead Parkway, Henderson, NV 89015
For Sale
Office
Medical
Active
Last Updated: 09/09/2024
7.89
Cap Rate
493,000
NOI
Details:
Cap Rate: 7.89%
NOI: $493,000
Building Size: 41,676 sqft
Lot Area: 0.7 acres
Occupancy: 87%
Class: B
Lease Type: Triple Net
Year Built: 1992
Price Per Sqft: $150
Tenancy: Multiple
Floors: 3
Parking Spots: 211
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
Location
Gallery
