1901-1903 Jones BlvdLas Vegas, NV 89146

For Sale
$4,500,000

14,065 SF Medical Office, Sale/Leaseback

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional Class A medical office building, totaling 14,065 square feet, presents a unique sale/leaseback investment opportunity in Las Vegas, Nevada. Located at 1901-1903 South Jones Boulevard, this property boasts a prime location within the heart of the city's thriving medical and professional services corridor, strategically positioned near major thoroughfares with a combined traffic count of approximately 74,600 vehicles per day. Built in 1993 and extensively renovated in 2023, the building features premium tenant improvements and a new, long-term market-rate lease with a well-established medical practice specializing in primary care, personal injury, weight loss, and med spa services. The property sits on a 1.12-acre lot (APN 163-02-721-007) and is zoned for Professional Office (P-R). The asking price is $4,500,000, with a pro-forma NOI of $360,000. Its proximity to the Las Vegas Strip (four miles), Harry Reid International Airport (ten-minute drive), and major freeways (Interstate 15 and Highway 95) provides unparalleled accessibility and visibility. This investment offers a compelling combination of strong tenant occupancy, a desirable location, and significant upside potential. The property's recent renovations ensure modern amenities and functionality, making it an attractive asset for discerning investors seeking a stable, high-performing medical office investment.

Highlights

  • Class A, 14,065 SF medical office building in Las Vegas, NV.
  • New, long-term market-rate lease with established medical tenant.
  • Premium tenant improvements completed in 2023.

Property Details for 1901-1903 Jones Blvd

Property type
Other office properties, Medical offices
Square Feet
14,065 SF
Class
A
Year Built/Renovated
1993/2023
Lot Size (sq. ft)
48,787 SF

Location Insight

City
Las Vegas
County
Clark
State
Nevada
Latitude
36.1500573
Longitude
-115.2261988
1901-1903 Jones Blvd, Las Vegas, Nevada

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1901-1903 Jones Blvd
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