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Gowan Business Park 3660 N Rancho Dr 22,195 SF 63% Leased Office Building Las Vegas, NV 89130 $4,439,000 ($200/SF) 6.75% Cap Rate
Investment Highlights
- Plenty of parking || C-2 Zoning || Great Northwest location || Rancho Gowan Business park
Executive Summary
The Gowan Business Park is a community of thriving businesses in a fast-growing area. It offers excellent office and flex space in northwest sub market of Las Vegas. The Rancho Gowan Business Park is a very attractive master-planned business park with thirty five (35) buildings totaling 200,000 (+/-) square feet of office/lex buildings. Located in the Rancho Gowan Business Park amongst the +/-200,000 SF of office and flex space, Convenient transitiontation with access to many streets that can take you to any part of the city in 10-15 minutes. This is a desirable business park for this sub-market and Tenants that call it home are happy with the parks quality of landscape and up keep. The business park has extremely low vacancy. 3660 N. Rancho is situated in the middle of the park. Great parking for the building.
Possible for owner occupancy ranges from 3125sf, 5018sqft and 10572sqt, for the total of up to 18715 sqft. Property can be also delivered fully occupied for investors.
Possible for owner occupancy ranges from 3125sf, 5018sqft and 10572sqt, for the total of up to 18715 sqft. Property can be also delivered fully occupied for investors.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
22,195 SF
Building Class
B
Year Built/Renovated
2000/2026
Price
$4,439,000
Price Per SF
$200
Cap Rate
6.75%
NOI
$299,633
Percent Leased
63%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
22,195 SF
Slab To Slab
10’
Building FAR
0.34
Lot Size
1.51 AC
Zoning
C-2, Las Vegas - C-2 zoning suitable for most business types
Amenities
- 24 Hour Access
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Discounted Roofing
- -
- -
- $19.32
- Modified Gross
- Jan 2028
-
- Services
- -
- $6.00
- Triple Net
- Aug 2015
Religious Organization.
- U-Plus Academy
- Professional, Scientific, and Technical Services
- -
- -
- -
- Oct 2023
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Discounted Roofing | - | - | $19.32 | Modified Gross | Jan 2028 | |
|
|
Services | - | $6.00 | Triple Net | Aug 2015 | |
| U-Plus Academy | Professional, Scientific, and Technical Services | - | - | - | Oct 2023 |
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Property Taxes
| Parcel Number | 138-12-213-043 | Improvements Assessment | $452,298 |
| Land Assessment | $253,238 | Total Assessment | $705,536 |
Property Taxes
Parcel Number
138-12-213-043
Land Assessment
$253,238
Improvements Assessment
$452,298
Total Assessment
$705,536
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Gowan Business Park | 3660 N Rancho Dr
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