7777 Eastgate Rd - Medical FOR SALE


Henderson, NV 89011- Midway
$11,500,000 USD
702-991-4391
7777 Eastgate Rd, Henderson, NV for Sale
$11,500,000 USD
Medical - FOR SALE
1/8
null | 6.28% Cap Rate

7777 Eastgate Rd
Henderson, NV 89011
Midway


HIGHLIGHTS

  • 3% Annual Rent Increases, 6.49% Cap Rate starting October 1, 2024
  • Strategically located in a rapidly growing and desirable area
  • Opportunity to invest in the resilient and growing education sector
  • Secure income stream from a Top Charter School in Nevada

OVERVIEW

Investment Overview: Hiltz Commercial Group is pleased to present an exceptional investment opportunity at 7777 Eastgate Rd, Henderson, NV. This property is currently leased to Coral Academy of Science Las Vegas, a renowned charter school with a strong presence in the Las Vegas area and Reno. The property offers a stable and reliable income stream, making it an attractive investment for those seeking long-term returns. Financial Highlights: Net Operating Income (NOI): $722,646 annually Lease Structure: Triple Net (NNN) Lease Term: Remaining term of approximately 4.37 years, expiring on June 30, 2028 Renewal Options: Two 10-year options, providing potential for extended tenancy Tenant Profile: Coral Academy of Science Las Vegas is a reputable charter school known for its focus on STEM education. The school has received accolades for its academic achievements and operates multiple campuses in the region. The success and expansion of Coral Academy indicate a stable and committed tenant for this investment property. Location Highlights: The property is situated in Henderson, NV, one of the fastest-growing cities in the United States. The area is known for its high quality of life, excellent schools, and robust economic growth, making it an attractive location for both residents and businesses. Investment Highlights: Secure income stream from a reputable and expanding educational institution Triple net lease structure provides a low-maintenance investment Strategically located in a rapidly growing and desirable area Opportunity to invest in the resilient and growing education sector For further details and to explore this investment opportunity, please contact Hiltz Commercial Group. This property represents a unique chance to invest in a stable, income-producing asset with a reputable tenant in the thriving city of Henderson, NV.

FOR SALE DETAILS

PRICE

$11,500,000 USD

PRICE/SF

$279 USD /SF

CAP RATE

6.28%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Coral Academy of Science Las Vegas

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

R&D

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

160

LAND DETAILS

LAND ACRES

3.42 AC

LAND SF

148,975 SF

ZONING

IG

APN/PARCEL ID

178-11-412-003

ASK ABOUT THIS PROPERTY

Michael HiltzHiltz Commercial GroupMore Info
702-991-4391

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Michael HiltzHiltz Commercial GroupMore Info
702-991-4391

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.