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Ark Animal Clinic | Absolute NNN Investment 1651 N Rancho Dr 6,163 SF Retail Building Las Vegas, NV 89106 $1,600,000 ($259.61/SF) 6% Cap Rate
Investment Highlights
- Absolute Triple Net Lease - Tenant responsible for taxes, insurance, maintenance, and operating expenses, creating a passive ownership structure
- Freestanding Medical Facility – 6,163 SF building situated on a 0.84-acre parcel with dedicated on-site parking.
- Prime Las Vegas Location – High-visibility site along North Rancho Drive serving an established residential trade area.
- Essential Healthcare Use - Veterinary services remain recession-resistant and continue to benefit from growing pet ownership
- Stable Investment Opportunity – Offered at a 6.00% cap rate with approximately $96,000 in annual net operating income.
Executive Summary
KW Commercial is pleased to present the exclusive opportunity to acquire Ark Animal Clinic, a fully leased Absolute Triple Net (NNN) investment property located at 1651 N Rancho Drive in Las Vegas, Nevada.
The offering consists of a 6,163-square-foot freestanding veterinary medical facility situated on approximately 0.84 acres and occupied by an established veterinary operator affiliated with Animal Health Partners. The Absolute NNN lease structure provides investors with passive ownership while minimizing landlord responsibilities.
Veterinary healthcare facilities continue to attract investor demand due to the essential nature of animal healthcare services, specialized medical buildouts, and strong tenant retention characteristics. The property's strategic location along North Rancho Drive offers excellent visibility, convenient accessibility, and proximity to established residential neighborhoods that support long-term demand for veterinary services.
This investment presents an opportunity to acquire a stabilized healthcare asset with dependable income in one of the nation's fastest-growing metropolitan markets.
The offering consists of a 6,163-square-foot freestanding veterinary medical facility situated on approximately 0.84 acres and occupied by an established veterinary operator affiliated with Animal Health Partners. The Absolute NNN lease structure provides investors with passive ownership while minimizing landlord responsibilities.
Veterinary healthcare facilities continue to attract investor demand due to the essential nature of animal healthcare services, specialized medical buildouts, and strong tenant retention characteristics. The property's strategic location along North Rancho Drive offers excellent visibility, convenient accessibility, and proximity to established residential neighborhoods that support long-term demand for veterinary services.
This investment presents an opportunity to acquire a stabilized healthcare asset with dependable income in one of the nation's fastest-growing metropolitan markets.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
6,163 SF
Building Class
B
Year Built
1989
Price
$1,600,000
Price Per SF
$259.61
Cap Rate
6%
NOI
$96,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.84 AC
Zoning
C-2
Parking
28 Spaces (4.54 Spaces per 1,000 SF Leased)
Frontage
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 139-20-410-001 | Improvements Assessment | $218,028 |
| Land Assessment | $140,872 | Total Assessment | $358,900 |
Property Taxes
Parcel Number
139-20-410-001
Land Assessment
$140,872
Improvements Assessment
$218,028
Total Assessment
$358,900
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Ark Animal Clinic | Absolute NNN Investment | 1651 N Rancho Dr
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