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4285 N Rancho Dr
Las Vegas, NV 89130
NW-High-Traffic Stabilized Asset | 7.15% CAP · Office Property For Sale


Executive Summary
Executive Realty Services is pleased to present an exceptional investment opportunity to acquire 4285 N. Rancho Dr., a
premier 24,658 SF single-story office building situated within the prestigious Northbrooke Business Park. Located in the
thriving Northwest Las Vegas submarket just south of Craig Road, the property is nestled within a meticulously maintained
campus featuring a signature tropical landscape.
This contemporary, high-quality asset was constructed with excellence; original construction and build-out totaled
approximately $350 PSF in 2005/2006, with a history of consistent upgrades in the years since. Strategically positioned just
minutes from the North Las Vegas Airport, the building is surrounded by an affluent mix of residential neighborhoods,
retail hubs, and professional centers, offering a rare combination of upscale aesthetics and functional, well-capitalized
infrastructure.
? Modern Construction: Well-maintained Class B office building (Built 2005) featuring a fully sprinklered interior.
? High Ceiling: Rare 12' clear height ceilings, providing a spacious feel for medical or retail conversions.
? Ample Parking: open and ample parking within the business park, ensuring high-capacity convenience for staff, clients, and visitors.
? Professional Setting: Located within Northbrooke Business Park, a ±100,000 SF master-planned development with 7 buildings; under professional management with quality landscaping and professional upkeep.
? Excellent Visibility from Rancho Dr.: located in a thriving commercial district known for its visibility and accessibility
? High-Traffic Corridor: Prime N. Rancho Drive with a massive 30,000+ daily traffic count.
? Regional Connectivity: Perfectly situated near both the US-95 Freeway and the 215 Beltway, allowing access to the entire Las Vegas valley in 10-20 minutes.
? Strategic Neighbors: Positioned just south of Craig Road, minutes from Mountain View Hospital and the North Las Vegas Air Terminal.
? Proven Synergy: The business park entrance is lined with popular retail tenants including Roberto’s Taco Shop, Mezzo Bistro, and State Farm Insurance, ensuring constant "eyes on the property.”
? Strong Financials: Offered at a 7.15% in-place Cap rate with built-in rent escalations, providing a reliable and growing income stream.
? High-Quality Tenancy: 100% occupied by 4 established tenants specifically focused on the resilient children/family-services sector, including two solid national tenants
? NNN Leases with Low Expense: low expenses at $0.31/month PSF; NNN lease structures minimize landlord responsibilities and pass through operating costs to the tenants.
? Zoning Versatility: C-2 General Commercial zoning, ideal for medical, office, retail, and a wide array of professional uses.
premier 24,658 SF single-story office building situated within the prestigious Northbrooke Business Park. Located in the
thriving Northwest Las Vegas submarket just south of Craig Road, the property is nestled within a meticulously maintained
campus featuring a signature tropical landscape.
This contemporary, high-quality asset was constructed with excellence; original construction and build-out totaled
approximately $350 PSF in 2005/2006, with a history of consistent upgrades in the years since. Strategically positioned just
minutes from the North Las Vegas Airport, the building is surrounded by an affluent mix of residential neighborhoods,
retail hubs, and professional centers, offering a rare combination of upscale aesthetics and functional, well-capitalized
infrastructure.
? Modern Construction: Well-maintained Class B office building (Built 2005) featuring a fully sprinklered interior.
? High Ceiling: Rare 12' clear height ceilings, providing a spacious feel for medical or retail conversions.
? Ample Parking: open and ample parking within the business park, ensuring high-capacity convenience for staff, clients, and visitors.
? Professional Setting: Located within Northbrooke Business Park, a ±100,000 SF master-planned development with 7 buildings; under professional management with quality landscaping and professional upkeep.
? Excellent Visibility from Rancho Dr.: located in a thriving commercial district known for its visibility and accessibility
? High-Traffic Corridor: Prime N. Rancho Drive with a massive 30,000+ daily traffic count.
? Regional Connectivity: Perfectly situated near both the US-95 Freeway and the 215 Beltway, allowing access to the entire Las Vegas valley in 10-20 minutes.
? Strategic Neighbors: Positioned just south of Craig Road, minutes from Mountain View Hospital and the North Las Vegas Air Terminal.
? Proven Synergy: The business park entrance is lined with popular retail tenants including Roberto’s Taco Shop, Mezzo Bistro, and State Farm Insurance, ensuring constant "eyes on the property.”
? Strong Financials: Offered at a 7.15% in-place Cap rate with built-in rent escalations, providing a reliable and growing income stream.
? High-Quality Tenancy: 100% occupied by 4 established tenants specifically focused on the resilient children/family-services sector, including two solid national tenants
? NNN Leases with Low Expense: low expenses at $0.31/month PSF; NNN lease structures minimize landlord responsibilities and pass through operating costs to the tenants.
? Zoning Versatility: C-2 General Commercial zoning, ideal for medical, office, retail, and a wide array of professional uses.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
24,658 SF
Building Class
A
Year Built
2005
Price
$6,090,000
Price Per SF
$246.98
Cap Rate
7.15%
NOI
$435,435
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
24,658 SF
Slab To Slab
12’
Building FAR
0.36
Lot Size
1.58 AC
Zoning
C-2 - C2 zoning, suitable for most businesses. Northbrooke business park is on N Rancho Dr. near Craig cross, near higway 95/215
Parking
100 Spaces (4.06 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | 138-02-712-010 | Improvements Assessment | $1,070,402 |
| Land Assessment | $225,947 | Total Assessment | $1,296,349 |
Property Taxes
Parcel Number
138-02-712-010
Land Assessment
$225,947
Improvements Assessment
$1,070,402
Total Assessment
$1,296,349
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