NADHC BLDG - 10yr Leaseback

$2,500,000

2008 South Jones Boulevard, Las Vegas, NV 89146

For Sale

Office

Active

Last Updated: 09/12/2025

Details:

Cap Rate: 5.66%

NOI: $141,500

Building Size: 7,200 sqft

Lot Area: 0.2 acres

Occupancy: 100%

Class: B

Lease Type: Triple Net

Year Built: 2005

Price Per Sqft: $347.22

Tenancy: Multiple

Parking Spots: 33

Offered by Broker

David Houle

Managing Director, KW Commercial

KW Commercial

#S.0169547

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Highlights:

Brand-New 10-Year Absolute NNN Lease – Zero landlord responsibilities; pure passive income.
Built-In Rent Growth – 2% annual increases (Yrs 1–5) & 3% (Yrs 6–10) far above national medical office average.
Turnkey Condition – Freshly painted exterior & solar panels for curb appeal and operating efficiency.
Creditworthy Medical Tenant – Nevada Adult Day Healthcare Centers, Inc., licensed & NPI-registered with proven track record.
Rare Yield Stability – 5.66% cap rate today with projected above-market IRR over the lease term.
Prime Healthcare Corridor – Minutes from multiple hospitals & specialty clinics in a dense 476K+ population trade area.

Description:

Rare absolute NNN medical office sale-leaseback with a brand-new 10-year term, offered at $2.5M (5.66% cap). Leased to Nevada Adult Day Healthcare Centers, Inc., a highly reputable, licensed, and NPI-registered operator with a proven track record. Two (2) five-year renewal options plus 2% annual rent increases in years 1–5 and 3% in years 6–10 — well above the norm for medical office, ensuring built-in income growth.
The 7,200 SF freestanding building on 0.20 AC is in West Las Vegas’ established Oracle Business Park, benefiting from a densely populated trade area of nearly 476,000 residents with projected 7.6% growth over the next five years. Located along S. Jones Blvd with excellent visibility, immediate access to Sahara Blvd & US-95, and surrounded by hospitals, specialty clinics, and urgent care centers, the site offers unmatched convenience and healthcare synergy.
Property was recently upgraded with a freshly painted exterior and solar panels, enhancing curb appeal and reducing operating costs. This turnkey, low-maintenance asset delivers stable, long-term cash flow from day one, supported by a creditworthy tenant and a strategic healthcare corridor location. Opportunities with this lease term, rent growth, tenant quality, and prime Las Vegas metro positioning are exceptionally rare in today’s market.