2008 S Jones Blvd - Medical FOR SALE


Las Vegas, NV 89146- Canyon Gate
$2,500,000 USD
702-273-7377
2008 S Jones Blvd, Las Vegas, NV for Sale
$2,500,000 USD
Medical - FOR SALE
1/7
null | 5.66% Cap Rate

2008 S Jones Blvd
Las Vegas, NV 89146
Canyon Gate


HIGHLIGHTS

  • Brand-New 10-Year Absolute NNN Lease – Zero landlord responsibilities; pure passive income.
  • Creditworthy Medical Tenant – Nevada Adult Day Healthcare Centers, Inc., licensed & NPI-registered with proven track record.
  • Built-In Rent Growth – 2% annual increases (Yrs 1–5) & 3% (Yrs 6–10) far above national medical office average.
  • Prime Healthcare Corridor – Minutes from multiple hospitals & specialty clinics in a dense 476K+ population trade area.
  • Turnkey Condition – Freshly painted exterior & solar panels for curb appeal and operating efficiency.
  • Rare Yield Stability – 5.66% cap rate today with projected above-market IRR over the lease term.

OVERVIEW

Rare absolute NNN medical office sale-leaseback with a brand-new 10-year term, offered at $2.5M (5.66% cap). Leased to Nevada Adult Day Healthcare Centers, Inc., a highly reputable, licensed, and NPI-registered operator with a proven track record. Two (2) five-year renewal options plus 2% annual rent increases in years 1–5 and 3% in years 6–10 — well above the norm for medical office, ensuring built-in income growth. The 7,200 SF freestanding building on 0.20 AC is in West Las Vegas’ established Oracle Business Park, benefiting from a densely populated trade area of nearly 476,000 residents with projected 7.6% growth over the next five years. Located along S. Jones Blvd with excellent visibility, immediate access to Sahara Blvd & US-95, and surrounded by hospitals, specialty clinics, and urgent care centers, the site offers unmatched convenience and healthcare synergy. Property was recently upgraded with a freshly painted exterior and solar panels, enhancing curb appeal and reducing operating costs. This turnkey, low-maintenance asset delivers stable, long-term cash flow from day one, supported by a creditworthy tenant and a strategic healthcare corridor location. Opportunities with this lease term, rent growth, tenant quality, and prime Las Vegas metro positioning are exceptionally rare in today’s market.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$347 USD /SF

CAP RATE

5.66%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NADHC BLDG - 10yr Leaseback

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

C-1

APN/PARCEL ID

163-01-310-005

ASK ABOUT THIS PROPERTY

David HouleKW CommercialMore Info
702-273-7377

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David HouleKW CommercialMore Info
702-273-7377

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