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Durango Pointe 3975 S Durango Dr 12,558 SF 100% Leased Office Building Las Vegas, NV 89147 $4,025,130 ($320.52/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Stable long term Tenant Mix
- Highly desired submarket with strong demand
- Frontage on Durango Road
- Strong Cash Flow
- Well maintained by current owner
EXECUTIVE SUMMARY
MDL Group is pleased to present 3975 S Durango Drive (the “Property”), a 100% occupied medical and professional office investment in the Southwest Las Vegas submarket. Tenants include Indulge Aesthetics, Dental Designs of Las Vegas, Kraft-Sussman Funeral & Cremation Services, and Mohave Dermatology. The single-story building is professionally managed by MDL Group. Surrounded by medical, office, and retail uses, the Property benefits from excellent visibility, accessibility, and strong submarket growth.
Durango Pointe benefits from a prime location on South Durango Drive, just North of West Flamingo Road - two highly traveled thoroughfares in the Southwest Las Vegas submarket, offering excellent visibility and high daily traffic counts. The property is surrounded by a strong mix of medical offices, professional services, retail centers, and restaurants, generating steady traffic and complementary demand. Its proximity to established neighborhoods and convenient access to major roadways enhances the site’s appeal for both tenants and visitors. This strong location profile, combined with a 100% occupied tenant base, supports long-term stability and offers investors a compelling opportunity for reliable cash flow and future value appreciation.
Durango Pointe benefits from a prime location on South Durango Drive, just North of West Flamingo Road - two highly traveled thoroughfares in the Southwest Las Vegas submarket, offering excellent visibility and high daily traffic counts. The property is surrounded by a strong mix of medical offices, professional services, retail centers, and restaurants, generating steady traffic and complementary demand. Its proximity to established neighborhoods and convenient access to major roadways enhances the site’s appeal for both tenants and visitors. This strong location profile, combined with a 100% occupied tenant base, supports long-term stability and offers investors a compelling opportunity for reliable cash flow and future value appreciation.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Building Size
12,558 SF
Building Class
B
Year Built
2001
Price
$4,025,130
Price Per SF
$320.52
Cap Rate
6.50%
NOI
$261,633
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
12,558 SF
Building FAR
0.32
Lot Size
0.91 AC
Zoning
C-G, Commercial General
Parking
40 Spaces (3.19 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Reception
- Storage Space
- Monument Signage
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Dental Designs of Las Vegas
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Indulge Aesthetics
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Kraft-Sussman Funeral Services
- Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Mohave Dermatology
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Dental Designs of Las Vegas | Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Indulge Aesthetics | Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Kraft-Sussman Funeral Services | Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Mohave Dermatology | Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
1 1
Walk Score®
Very Walkable (74)
PROPERTY TAXES
| Parcel Number | 163-17-812-005 | Improvements Assessment | $389,905 |
| Land Assessment | $256,669 | Total Assessment | $646,574 |
PROPERTY TAXES
Parcel Number
163-17-812-005
Land Assessment
$256,669
Improvements Assessment
$389,905
Total Assessment
$646,574
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Durango Pointe | 3975 S Durango Dr
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