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1358 Paseo Verde St
Henderson, NV 89012

$1,961,000 USD

Medical Condo For Sale • 4,493 SF

Property Details

Property Type Medical
Total Building Size 8,634 SF
Lot Size 0.2 AC
Building Class B
Year Built 2008
Tenancy Multiple
Zoning CP

35 Transit Score

72 Walk Score

1 Unit Available

Name

Condo Use

Size

Price

Details

2nd Floor - Unit 200

Medical Office

4,493 SF

$1,961,000 USD

Unit Size: 4,493 SF
Condo Use: Medical Office
Price: $1,961,000 USD
Sale Type: Investment
Price/SF: $436.46 USD

Description

2nd Floor Office Condo with 3 suites. 100% leased. primary Tenant is Optimal Physical Therapy since 2014. they occupy about 70% of the property. Modern finishes in all three suites. Owner/Seller wants to lease back 660 SF SUITE C. They own the bottom and the top floors of the building, and have their medical practice there. (Dynamic Pain Rehab) The Elevator serving the top floor is covered, but it is outside the building structure itself, and shared by three buildings in a 4-Building Cluster. Great design for keeping the Load Factor minimal and the Operating Costs low!

Sale Notes

True NNN Investment Property. Two Long-Term Tenants, both Healthcare, since it was built. New 5-7 year leases, on these 2. Small 746 SF Space has a new 2 year Lease.
True NNN Numbers and CCIM 10-year DCF available with signed NDA and Proof of funds. Great 1031 opportunity with built-in Annual income Escalations, and appreciation in a growth Location.

Description

Entire Second Floor, 100% Occupied with long term Stable Tenants. Sits just a right turn from the 215/Stephanie On Ramp! 
Beautiful Building and Development, done Right!
Lots of Architectural features, outstanding Design. No wasted Load Factor. Elevator and Stairs are shared with 4 properties, on the Exterior of all 4 properties. Low Maintenance, super smart, lower operating costs.
Tons of Parking, Bus-Line to property, Beautiful buildings, great views, an Incredible drive-time reach, all stack up to give Tenants a reason to stay long Term. Just a couple blocks away at Stephanie and Horizon Ridge you have Starbucks, Grocery, Restaurants, Banks, and many other retail amenities, and directly across the street you have Gas Station, Restaurant's, hotels, Gym, and a lot more. with Thousands of homes being built on the hill above, and in Cadence just a couple miles East, this is a prime area for Appreciation and Population growth. MacDonald Highlands, Ascaya, Westridge, and other developments are moving dirt, standing walls, and getting filled in fast, all within 2 miles of this Trophy Investment Property.

                
                    Highlights
                
                                Beautiful Quality Building-Incredible Location
                            
                                Turn Key Investment 100% Occupied
                            
                                Freeway Off Ramp 1 light-Drive-Time!
                            
                                Lots of Parking.
                            
                                Well Maintained
                            
                                80% Healthcare Tenants