98 E Lake Mead Pky - Medical FOR SALE


Henderson, NV 89015- Downtown Henderson
$6,250,000 USD
702-273-7377
98 E Lake Mead Pky, Henderson, NV for Sale
$6,250,000 USD
Medical - FOR SALE
1/4
null | 8.03% Cap Rate

98 E Lake Mead Pky
Henderson, NV 89015
Downtown Henderson


HIGHLIGHTS

  • Value-add triple net medical office building with major upside potential situated on a Dignity Health hospital campus
  • Strong established government and healthcare tenants on long term leases w/ annual increases and renewal options
  • Interstate freeway and highway access w/high traffic counts on a busy signalized hard corner
  • Significant capital improvements completed from 2018-2022 and positioned to qualify for Henderson Redevelopment District Grant Program
  • Professionally managed
  • 17 suites / 3 floors / 5:1k parking ratio

OVERVIEW

St. Rose Dominican Medical Plaza, located at 98 E Lake Mead Parkway, is a premier medical office building situated in the thriving healthcare corridor of Henderson, Nevada. This modern facility spans approximately 41,676 SqF and is strategically positioned near the highly-regarded St. Rose Dominican Hospital, providing seamless access to a diverse range of medical services. The property boasts state-of-the-art infrastructure, designed to accommodate a wide variety of medical specialties, making it an ideal location for healthcare providers seeking to establish or expand their presence in the rapidly growing Henderson area. The medical plaza is surrounded by a robust network of amenities, including pharmacies, laboratories, and diagnostic centers, all within close proximity, enhancing the convenience for both patients and healthcare professionals. With its prime location along the busy Lake Mead Parkway and ample parking facilities, St. Rose Dominican Medical Plaza offers excellent visibility and accessibility. The property is fully leased with a strong tenant mix, ensuring a stable and attractive investment opportunity in one of Nevada’s most sought-after medical hubs.

FOR SALE DETAILS

PRICE

$6,250,000 USD

PRICE/SF

$150 USD /SF

CAP RATE

8.03%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

St. Rose Dominican Medical Plaza

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

211

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

Mixed-Use

APN/PARCEL ID

179-18-503-002

ASK ABOUT THIS PROPERTY

David HouleKW CommercialMore Info
702-273-7377

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David HouleKW CommercialMore Info
702-273-7377

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