3820 S Jones Blvd 13,840 SF Office Building Las Vegas, NV 89103 $4,000,000 ($289.02/SF) 6.35% Cap Rate

PLEASE DO NOT DISTURB TENANT.
Rarely find freestanding, one-story, +/-13,840-square-foot, well-maintained contemporary-style office/medical building. 3820 S Jones is sited on one acre, zoned C-1 for the neighborhood commercial district. No associations fees; extremely low expense ratio. Located on just south of Spring Mountain Road, on the East side of S. Jones. Facing Jones with full building signage and excellent accessibility and visibility from Jones.
The +/-13,840-building is customizable and fully occupied by a single tenant Progressive Choices (PCI) as a vocational training center. PCI was established in 1997 and has been proving vocational training and job coaching in Clark County. Long-term lease with ~7 years remaining with options and 3% annual rent bump. Tenant website:
https://progressivechoices.org/about/
No associations. Low expense ratio.
3820 S Jones Boulevard is conveniently located in the center of town with bus stop nearby and only 3 miles to the strip. It's located on S Jones Boulevard between West Flamingo Road and West Spring Mountain Road. This building provides excellent visibility on S Jones Boulevard and is situated on a heavily trafficked road. Businesses will benefit from incredible access to the Las Vegas Strip, a 5-minute drive from 3820 S Jones Boulevard. Boasting superior highway connectivity, Interstate 15, Nevada 159/W Charleston Blvd, and Interstate 215 are approximately three miles from the property. This freestanding building is near medical tenants such as the Spring Valley Medical Center, a six-minute drive away. Southwest Las Vegas is full of charming suburban neighborhoods boasting mountainous views and an escape from the hustle and bustle of the Las Vegas Strip. 3820 S Jones Boulevard sits in the Spring Valley residential neighborhood, where commuting is a breeze, and retail hotspots are found on every corner. Well-maintained, with incredible accessibility,