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This exceptional investment opportunity presents a single-tenant, 10,870-square-foot medical office building in Las Vegas, Nevada. Located at 2610 S Jones Blvd, within the Shea Professional Plaza, this Class B property boasts 100% occupancy with a long-term tenant—a well-established Rapid Care Medical Clinic—operating for over 14 years. The clinic occupies the entire building, offering a diverse range of services including medical care, chiropractic, pharmacy, private MD services, a med spa, injury attorney services, x-ray, and ultrasound. The building, constructed in 2003, sits on a 1.13-acre lot zoned C-P (Commercial Professional), providing excellent street visibility on South Jones Boulevard. The property features 60 parking spaces and benefits from a modified net lease with a remaining term of approximately 0.9 years, followed by two 5-year lease options. The current lease includes annual rent bumps of 3%. The asking price is $3,335,000, representing a compelling cap rate of 5.47% and a price per square foot of $306.81. The property's strong tenant history, favorable lease terms, and prime location make it an attractive investment prospect. The Net Operating Income (NOI) is $182,311. The property consists of one single-story building and includes two separate parcels (APN: 163-12-114-001, 163-12-114-002). The lease commenced on July 15, 2020, and is set to expire on October 15, 2025.
Highlights
$3,335,000 asking price for a 10,870 SF medical office building in Las Vegas, NV.
Net lease investment opportunity with a 5.47% cap rate.
Class B, single-tenant, modified lease with 0.9 years remaining and two 5-year options.
100% occupancy by a long-term tenant (14+ years in business) in a high-visibility location.
Located on a 1.13-acre lot with 60 parking spaces in the Shea Professional Plaza.
Building features include a medical clinic, chiropractor, pharmacy, and more.
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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