7610 W Cheyenne Ave - Medical FOR SALE


Las Vegas, NV 89129- Lone Mountain
$3,819,833 USD
702-340-8666
7610 W Cheyenne Ave, Las Vegas, NV for Sale
$3,819,833 USD
Medical - FOR SALE
1/6
null | 6% Cap Rate

7610 W Cheyenne Ave
Las Vegas, NV 89129
Lone Mountain


OVERVIEW

Cushman & Wakefield US, Inc. is pleased to present for acquisition the single tenant SimonMed Imaging center located at 7610 W. Cheyenne Ave. (the “Property”). This is one of nine buildings located within, Cheyenne Corporate Center, a mixed-use campus consisting of office, medical office, and retail tenants. SimonMed Imaging, Inc. is an outpatient imaging provider based in Scottsdale, AZ and featuring approximately 170 locations nationwide. This is a company that was founded more than 20 years ago offering a wide range of medical imaging services including MRI, CT, X-ray, ultrasound, mammography, and more. The services provided by SimonMed are classified as essential services and therefore, are not impacted by financial downturns. This investment is a long-term, stable investment offering passive income with minimal landlord responsibilities. SimonMed’s tenancy began March 1, 2017, as a subtenant and signed a direct lease on January 1, 2021. They exercised an early extension amending the renewal term to seven years versus the original contract renewal term of five-years. This early renewal and extended term reflect a commitment to Cheyenne Corporate Center as well as this location’s success. This is a solid investment for a buyer seeking a low-risk opportunity with a high-return in a tax-free income state.

FOR SALE DETAILS

PRICE

$3,819,833 USD

PRICE/SF

$534 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

54

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

32,984 SF

ZONING

C-1

APN/PARCEL ID

138-09-821-016

ASK ABOUT THIS PROPERTY

Marlene Fujita WinkelCushman & WakefieldMore Info
702-340-8666

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Marlene Fujita WinkelCushman & WakefieldMore Info
702-340-8666

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