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1212 S Maryland Pky 2,500 SF 100% Leased Office Building Las Vegas, NV 89104 $1,035,000 ($414/SF) 7.25% Cap Rate
INVESTMENT HIGHLIGHTS
- A brand new 10 year lease will be executed upon close of escrow
- High Traffic and Excellent Frontage on Maryland Pkwy
- Turnkey Medical Infrastructure
- Prime Location Near Downtown Las Vegas
- 7 Operating Rooms + Sterilization & X-ray Rooms
- Active Site Improvements at Entry
EXECUTIVE SUMMARY
Presenting an exceptional investment opportunity near the heart of Downtown Las Vegas. This fully built-out medical office property will feature a new 10-year lease executed upon close of escrow, providing stable income and minimal landlord responsibilities.
Strategically located along high-traffic Maryland Parkway, the property benefits from excellent visibility and convenient access. The interior is well-appointed with seven operating rooms, a sterilization room, break room, laundry area, X-ray capabilities, and fully installed plumbing infrastructure, making it ideally suited for continued medical or dental use.
Additional enhancements include ongoing exterior improvements at the front of the building, further improving curb appeal and accessibility.
Strategically located along high-traffic Maryland Parkway, the property benefits from excellent visibility and convenient access. The interior is well-appointed with seven operating rooms, a sterilization room, break room, laundry area, X-ray capabilities, and fully installed plumbing infrastructure, making it ideally suited for continued medical or dental use.
Additional enhancements include ongoing exterior improvements at the front of the building, further improving curb appeal and accessibility.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
2,500 SF
Building Class
B
Year Built
1942
Price
$1,035,000
Price Per SF
$414
Cap Rate
7.25%
NOI
$75,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,500 SF
Building FAR
0.38
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
P-R - DENTAL/MEDICAL OFFICE
Parking
12 Spaces (4.8 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Reception
- Monument Signage
- Air Conditioning
1 1
Walk Score®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 162-03-514-037 | Improvements Assessment | $23,330 |
| Land Assessment | $25,728 | Total Assessment | $49,058 |
PROPERTY TAXES
Parcel Number
162-03-514-037
Land Assessment
$25,728
Improvements Assessment
$23,330
Total Assessment
$49,058
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1212 S Maryland Pky
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