2458 E Russell Rd - Medical FOR SALE


Las Vegas, NV 89120- Paradise Valley East
$2,250,000 USD
702-301-4275
2458 E Russell Rd, Las Vegas, NV for Sale
$2,250,000 USD
Medical - FOR SALE
1/11
null | Request Cap Rate

2458 E Russell Rd
Las Vegas, NV 89120
Paradise Valley East


HIGHLIGHTS

  • Two Existing Dental Office Suites
  • Approximately 5,080 SF Building
  • 0.92-Acre Russell Road Site
  • Existing Cell Tower Income
  • Additional Land for Potential Future Development; 35 On-Site Parking Spaces
  • High Visibility Russell Road Location; Near Eastern Avenue/Central Las Vegas

OVERVIEW

100% occupied medical/dental investment property located along E Russell Road near Eastern Avenue. The property consists of two established dental suites with existing leases, plus a long-term cell tower lease providing an additional income stream. Current dental rents are below prevailing asking rents for comparable medical/dental space, offering potential future rental upside as leases renew. The approximately 0.92-acre site also provides potential for additional development, subject to applicable zoning and approvals. Centrally located with convenient access to Harry Reid International Airport, the Las Vegas Strip, I-215 and surrounding medical, residential and commercial areas.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$443 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

Commercial Professional

APN/PARCEL ID

162-25-410-009

ASK ABOUT THIS PROPERTY

Kim HenryKW CommercialMore Info
702-301-4275

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Kim HenryKW CommercialMore Info
702-301-4275

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