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Building 400 340 Falcon Ridge Pky

7,838 SF 100% Leased Office Building Mesquite, NV 89027 £1,407,628 (£180/SF) 6.57% Net Initial Yield

Investment Highlights

  • Prime Mesquite location
  • High visibility from Falcon Ridge Pkwy
  • Proximity to amenities and services
  • Directly across from Mesa View Regional Hospital
  • Ideal for office or medical tenants
  • Renovated in 2023

Executive Summary

Explore this prime 7,838 SF property, ideally suited for Office/Medical investors seeking a investment property in Mesquite, NV. Renovated in 2023, this building offers a strategic location directly across from Mesa View Regional Hospital, ensuring high visibility from Falcon Ridge Pkwy. Its proximity to amenities and services complements the appeal for professional tenants. With below-market rents presenting an opportunity to add value, savvy investors can take advantage of the 6.57% CAP rate on existing income.

Property Facts

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
7,838 SF
Building Class
B
Year Built/Renovated
2005/2023
Price
£1,407,628
Price Per SF
£180
Net Initial Yield
6.57%
NOI
£92,449
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
7,838 SF
Building FAR
0.17
Lot Size
1.05 AC
Zoning
PUD, Mesquite

Links

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PROPERTY TAXES

Parcel Number 002-13-510-003 Improvements Assessment £223,009
Land Assessment £36,235 Total Assessment £259,244

PROPERTY TAXES

Parcel Number
002-13-510-003
Land Assessment
£36,235
Improvements Assessment
£223,009
Total Assessment
£259,244
(435) 359-4903

Contacts

  • Listing ID: 32957522

  • Date on Market: 26/08/2024

  • Last Updated:

  • Address: 340 Falcon Ridge Pky, Mesquite, NV 89027

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© 2024 CoStar Group

Building 400 | 340 Falcon Ridge Pky
(435) 359-4903 x

Building 400 | 340 Falcon Ridge Pky

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Andrew Sorensen

(435) 359-4903

(435) 359-4903

Travis Parry

(435) 359-4901

(435) 359-4901

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