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2601 N Tenaya Way 8,800 SF Office Building Las Vegas, NV 89128 $3,250,000 ($369.32/SF) 5.30% Cap Rate
Investment Highlights
- Standalone Wet Medical Office • Located
- Located in the Highly Desirable Northwest Medical District
- Frontage and Signage on North Tenaya Way
- Excellent Condition and Great Floorplan for Patient Flow
- 5.68:1000 Parking Ratio with Covered Spaces
- Minutes from Mountainview Hospital, Major Retailers, and Interstate 95
Executive Summary
INVESTMENT PROPERTY LEASED THROUGH 2031 WITH OPTIONS This standalone wet medical office offers a rare investment opportunity in the highly desirable Northwest Medical District, for sale. The single-story building spans approximately 8,800 square feet on a 1.08-acre lot and is currently occupied by national credit tenant, providing immediate stability. The property is in excellent condition and features a well-designed layout with a reception area, 13 private offices/rooms, three restrooms, and dedicated kitchen and dining areas—ideal for efficient patient flow. Positioned along North Tenaya Way with strong frontage, signage, and heavy daytime traffic, the site offers 53 parking spaces, including covered parking, with an impressive 5.68:1,000 parking ratio. Located minutes from MountainView Hospital, major retailers, and Interstate 95, the property is further enhanced by access to a nearby public park with walking paths, seating, and mature shade trees. Opportunities of this caliber rarely come to market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
8,800 SF
Building Class
B
Year Built
1993
Price
$3,250,000
Price Per SF
$369.32
Cap Rate
5.30%
NOI
$172,250
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,800 SF
Building FAR
0.19
Lot Size
1.08 AC
Zoning
C-PB - Commercial - Planned Business
Parking
53 Spaces (6.02 Spaces per 1,000 SF Leased)
Amenities
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
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Property Taxes
| Parcel Number | 138-15-710-003 | Improvements Assessment | $233,847 |
| Land Assessment | $304,617 | Total Assessment | $538,464 |
Property Taxes
Parcel Number
138-15-710-003
Land Assessment
$304,617
Improvements Assessment
$233,847
Total Assessment
$538,464
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2601 N Tenaya Way
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