Medical Suite in Siena Office
2904 West Horizon Ridge Parkway Henderson, NV 89052
For Sale
$1,626,000
First-floor medical suite near St. Rose Dominican Hospital.
Property Size4,222 SF
Lot Size3.25 Acres
Price / SF$385.13
Days on Market123
Property Features for 2904 West Horizon Ridge Parkway
General Information
- Standard status
- Active
- Size
- 4,222 SF
- Lot size
- 3.25 Acres
- Property subtype
- Office
Listing Agency:
(702) 369-4924
Listed By:
Linda Gonzales · License #BS. 0049667
(702) 369-4924
Source:
Cbre
Added: Mar 25
Changed: Jul 10
Last Checked: Jul 25 at 2:57AM
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 Linda Gonzales
Investment Insights
Based on property information with market context.
Located in the Willow Creek Siena Office Park, this first-floor medical suite offers approximately 4,222 square feet. The layout includes twelve medical exam and private offices, a break-room, one private restroom, a large reception area, and a back office. The property provides monument signage and ample parking, including six covered parking spaces. Situated near the Siena Campus of St. Rose Dominican Hospital, a 230-bed full-service hospital managed by Dignity Health, it also benefits from proximity to the Master Plan Community of Green Valley Ranch, Anthem, Seven Hills, Inspirada, and Silverado Ranch. The location offers convenient access to surrounding retail amenities, dining, and shopping, as well as the 215-Beltway via St. Rose Parkway. It is also located minutes from the I-15 freeway, the Las Vegas Strip, Harry Reid International Airport, and the Henderson Executive Airport. Built in 2004, the property is zoned CO and has a parking ratio of 4.82/1000. The parcel number is 177-25-411-018, and the land area is 3.25 acres. The property is part of an office campus setting and has multiple entrances.
Key Highlights
- Located next to the Siena Campus of St. Rose Dominican Hospital (Dignity Health)
- First floor medical suite featuring 4,222 square feet with 12 exam/private offices
- Ample parking with covered spaces (6 covered spaces, 4.82/1000 ratio)
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $101.3k | $24.00 |
| − Vacancy | −$17.7k | −$4.20 |
| EGI | $83.6k | $19.80 |
| − OpEx | −$20.9k | −$4.95 |
| NOI | $62.7k | $14.85 |
4,222 SF · lease $24.00/SF/yr · vacancy 17.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$895.7K
$783.7K – $1.04M
NOI $62,697 @ 7.0% cap · market cap 3.86%
Second Best
Healthcare Medical
$802.5K
$702.2K – $936.3K
NOI $56,176 @ 7.0% cap · market cap 3.45%
Theoretical Best
Specialty Retail
$1.48M
$1.29M – $1.73M
NOI $103,529 @ 7.0% cap · market cap 6.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Nevada Independent Insurance ...
Insurance Agency
Sanda Morar, MD
Physician
Dr. Rita Maity, ...
Physician
IMRAN AHMED
Physician
Paragon Premier Properties
Real Estate Agency
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FAQs
What type of property is this?
Medical Office Space - First-floor medical suite near St. Rose Dominican Hospital.
Where is this medical office space located?
The property is located at 2904 West Horizon Ridge Parkway Henderson, NV.
What is the asking price?
The asking price for this property is $1,626,000.
What are key features of this property?
This property features: Located next to the Siena Campus of St. Rose Dominican Hospital (Dignity Health); First floor medical suite featuring 4,222 square feet with 12 exam/private offices; Ample parking with covered spaces (6 covered spaces, 4.82/1000 ratio)
