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2610-2620 S Jones Blvd

10,870 SF 100% Leased Office Building Las Vegas, NV 89146 £2,670,590 (£246/SF) 5.43% Net Initial Yield

EXECUTIVE SUMMARY

This Medical Building is located in the Shea Professional Plaza and is 100% occupied by a Rapid Care
Medical Clinic which has been in business in Las Vegas for over (14) years and they occupy the entire
+/- 10,870 sq. ft. building with a Medical Clinic, Chiropractor, Pharmacy, Private MD., Med Spa and
Injury Attorney, x-ray and Ultrasound Services. Shea Professional Plaza Buildings 1-1 & 1-2 are two
separate parcels with one +/-10,870 sq. ft. building located on +/- 1.13 acres of land zoned (C-P)
Commercial Professional located by the main entrance to the complex with street visibility to South
Jones Boulevard

FINANCIAL SUMMARY (ACTUAL - 2023)

ANNUAL ANNUAL PER SF
Gross Rental Income £145,939 £13.43
Other Income £49,794 £4.58
Vacancy Loss - -
Effective Gross Income £195,733 £18.01
Taxes £11,986 £1.10
Operating Expenses £38,757 £3.57
Total Expenses £50,743 £4.67
Net Operating Income £144,990 £13.34

FINANCIAL SUMMARY (ACTUAL - 2023)

Gross Rental Income
Annual £145,939
Annual Per SF £13.43
Other Income
Annual £49,794
Annual Per SF £4.58
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £195,733
Annual Per SF £18.01
Taxes
Annual £11,986
Annual Per SF £1.10
Operating Expenses
Annual £38,757
Annual Per SF £3.57
Total Expenses
Annual £50,743
Annual Per SF £4.67
Net Operating Income
Annual £144,990
Annual Per SF £13.34

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
10,870 SF
Building Class
B
Year Built
2003
Price
£2,670,590
Price Per SF
£246
Net Initial Yield
5.43%
NOI
£144,990
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
10,870 SF
Building FAR
0.22
Lot Size
1.13 AC
Zoning
C-P
Parking
60 Spaces (5.52 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Bus Route
  • Controlled Access
  • Courtyard
  • Signage
  • Central Heating
  • Natural Light

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Rapid Care Medical Clinic
  • Health Care and Social Assistance
  • -
  • £11.93
  • Modified Gross
  • Oct 2025
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Rapid Care Medical Clinic Health Care and Social Assistance - £11.93 Modified Gross Oct 2025

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 163-12-114-001
  • 163-12-114-002
Land Assessment
£168,973 (2024)
Improvements Assessment
£288,205 (2024)
Total Assessment
£457,178 (2024)
Annual Taxes
£11,986 (£1.10/sf)
Tax Year
2023
  • Listing ID: 33241519

  • Date on Market: 19/09/2024

  • Last Updated:

  • Address: 2610-2620 S Jones Blvd, Las Vegas, NV 89146

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