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1358 Paseo Verde St - 100% leased NNN Office Investment
4,493 SF Office/Medical Unit Offered at £1,547,229 in Henderson, NV 89012
Investment Highlights
- Beautiful Quality Building-Incredible Location
- Freeway Off Ramp 1 light-Drive-Time!
- Well Maintained
- Turn Key Investment 100% Occupied
- Lots of Parking.
- 80% Healthcare Tenants
Executive Summary
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.
Property Facts
| Price | £1,547,229 | Building Class | B |
| Unit Size | 4,493 SF | Number of Floors | 2 |
| No. Units | 1 | Typical Floor Size | 4,500 SF |
| Total Building Size | 8,634 SF | Year Built | 2008 |
| Property Type | Office (Unit) | Lot Size | 0.20 AC |
| Property Subtype | Medical | Parking Ratio | 4/1,000 SF |
| Sale Type | Investment NNN |
| Price | £1,547,229 |
| Unit Size | 4,493 SF |
| No. Units | 1 |
| Total Building Size | 8,634 SF |
| Property Type | Office (Unit) |
| Property Subtype | Medical |
| Sale Type | Investment NNN |
| Building Class | B |
| Number of Floors | 2 |
| Typical Floor Size | 4,500 SF |
| Year Built | 2008 |
| Lot Size | 0.20 AC |
| Parking Ratio | 4/1,000 SF |
1 Unit Available
Unit 200
| Unit Size | 4,493 SF | Sale Type | Investment |
| Price | £1,547,229 | Net Initial Yield | 5.25% |
| Price Per SF | £344.36 | NOI | £81,250.87 |
| Unit Use | Office/Medical | APN/Parcel ID | 178-22-118-014 |
| Unit Size | 4,493 SF |
| Price | £1,547,229 |
| Price Per SF | £344.36 |
| Unit Use | Office/Medical |
| Sale Type | Investment |
| Net Initial Yield | 5.25% |
| NOI | £81,250.87 |
| APN/Parcel ID | 178-22-118-014 |
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.
Amenities
- 24 Hour Access
- Bus Route
- Signage
- Wheelchair Accessible
- Kitchen
- Accent Lighting
- DDA Compliant
- Lift Access
- Suspended Ceilings
- Monument Signage
- Air Conditioning
- Balcony
zoning
| Zoning Code | CP (Office Professional Use) |
| CP (Office Professional Use) |
NNN Tenant Information Click Here to Access
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| Optimal Physical Therapy |
99,999 SF SF
|
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|
| Dynamic Pain Rehab |
99,999 SF SF
|
-
|
| Rolle Management |
99,999 SF SF
|
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|
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Wes Drown, CCIM -
RE/MAX Commercial
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1358 Paseo Verde St - 100% leased NNN Office Investment
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