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Whitney Ranch High-Visibility Commercial Building
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1001 Whitney Ranch Dr, Henderson, NV 89014

Premier 8,826 SF owner-user opportunity in Henderson, Nevada.

Property Size8,826 SF
Lot Size1.07 Acres
Price / SF$294.02
Days on Market195

Property Features for 1001 Whitney Ranch Dr

General Information

Standard status Active
Size 8,826 SF
Class B
Total Parking Spaces 50
Lot size 1.07 Acres
Property subtype Office, Retail
Zoning CC
Occupancy 39%
Investment Type Owner/User

Building Details

Year Built 2001
Stories 1
Tenancy Multi
Listing Agency: Elite Commercial Real Estate
Listed By: Catherine Kuo · License #B.1002255
Source: Crexi
Added: Mar 27 Changed: Sep 15 Last Checked: Oct 7 at 12:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Elite Commercial Real Estate

Investment Insights

Based on property information with market context.

Located at the northwest corner of Whitney Ranch Drive and Patrick Lane, 1001 Whitney Ranch Drive is an 8,826 square foot commercial building suitable for professional or medical use. This single-story building features multiple private offices, updated commercial-grade luxury plank flooring, and expansive open work areas. Situated within the Whitney Ranch Business Park, the property offers access to the I-515/US-95 and I-215 interchange. Building and monument signage is available. The property is located on a 1.07-acre lot and includes 50 parking spaces. The location provides synergy with neighbors such as Dignity Health, Sunset Station, and the Galleria at Sunset.

Key Highlights

  • Premier location at the gateway to Henderson’s robust Whitney Ranch commercial district, offering high visibility.
  • 8,826 SF single‑story building ideal for owner‑user, suitable for medical or professional use.
  • Versatile interior with private offices, open work areas, and updated luxury plank flooring for immediate move‑in.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$144,828
Cap Rate
5.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,896,560 $2.9M
Cap Rate 7%
$2,068,971 $2.1M
Cap Rate 9%
$1,609,200 $1.6M
Market Conditions
NOI Build-Up for 8,826 SF
Gross rent
$234.1K $26.52/SF
− Vacancy
−$41.0K −$4.64/SF
EGI
$193.1K $21.88/SF
− OpEx
−$48.3K −$5.47/SF
NOI
$144.8K $16.41/SF
Area
ZIP 89014
Vacancy
17.50%
Lease Rate
$26.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,896,560
Cap Rate 7%
$2,068,971
Cap Rate 9%
$1,609,200

Alternative Uses

Best Use
Office B
$2.07M
$1.81M – $2.41M (±1% cap)
NOI $144,828 @ 7.0% cap · market cap 5.58%
Second Best
Healthcare Medical
$1.75M
$1.53M – $2.05M (±1% cap)
NOI $122,773 @ 7.0% cap · market cap 4.73%
Theoretical Best
Specialty Retail
$3.09M
$2.71M – $3.61M (±1% cap)
NOI $216,426 @ 7.0% cap · market cap 8.34%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Whitney Ranch Dental Dental Office Brandon Tina M ... Dental Office Whitney Ranch Dental: ... Dental Office USHealth Advisrso Insurance Agency TQs & Associates LLC Physician

Suggested Use

Top Pick Parking Lot & Garage Spa & Massage Center Grocery & Convenience Store Daycare Center Bakery Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

425
Businesses Nearby
Under-served
Demand for This Use

Demographics for 89014, NV

40,761
Population
18,062
Households
2.3
Avg Household Size
38
Median Age
29%
College-Educated
94%
High-School Grad
7.6 sq mi
ZIP Area
5,363
Density / Sq Mi
$73,130
Median Household Income
$46,101
Median Earnings
$1,629
Median Rent
$415,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Premier 8,826 SF owner-user opportunity in Henderson, Nevada.
Where is this medical office space located?
The property is located at 1001 Whitney Ranch Dr Henderson, NV.
What is the asking price?
The asking price for this property is $2,595,000.
What are key features of this property?
This property features: Premier location at the gateway to Henderson’s robust Whitney Ranch commercial district, offering high visibility.; 8,826 SF single‑story building ideal for owner‑user, suitable for medical or professional use.; Versatile interior with private offices, open work areas, and updated luxury plank flooring for immediate move‑in.
(702) 240-1688 Call to check price and availability
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