Log In/Sign Up
Your email has been sent.
Bldg 300 350 Falcon Ridge Pky 9,549 SF 100% Leased Office Building Mesquite, NV 89027 $1,590,000 ($166.51/SF) 2.16% Cap Rate



Executive Summary
Nice 4 unit commercial building fully rented. Very stable rentals. One is to Highway Patrol at market rates. Other 3 are at below market rates. Two of the four are on year leases that come up for renewal in mid 10/25 & 2/26. Could be a great opportunity for an owner/user who wants up to approximately 4100 sf combined with income on balance of the property, or opportunity to rent fresh to new tenants at market rates or re-negotiate rates closer to market with existing tenants. Established business center popular with medical and other professional. Current tenants are Highway Patrol, two churches, and a real estate office. Suite 301 is approximately 2800 sf and is leased to a church, through 2/28/26. Suite 302 is approximately 2400 sf, and is leased to a church and is leased through 5/30/31. Suite 303 is approx 1319 sf and is leased to NHP through 8/31/27. Suite 304 is approximately 1319 sf and is leased to a real estate office through 5/30/31. Total income currently is approx. $4,443/mo. Total expenses currently, excluding debt service are estimated at $1587/mo. If Suites 301 & 304 were to be rented at closer to market rent, total income would be closer to $6,000/mo
Data Room Click Here to Access
- Operating and Financials
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
9,549 SF
Building Class
B
Year Built
2006
Price
$1,590,000
Price Per SF
$166.51
Cap Rate
2.16%
NOI
$34,344
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,549 SF
Building FAR
0.28
Lot Size
0.79 AC
Zoning
PUD
Parking
28 Spaces (2.93 Spaces per 1,000 SF Leased)
1 1
Property Taxes
| Parcel Number | 001-18-114-014 | Improvements Assessment | $298,334 |
| Land Assessment | $54,199 | Total Assessment | $352,533 |
Property Taxes
Parcel Number
001-18-114-014
Land Assessment
$54,199
Improvements Assessment
$298,334
Total Assessment
$352,533
1 of 24
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Bldg 300 | 350 Falcon Ridge Pky
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.
