1651 North Rancho Drive, Las Vegas, NV 89108
Freestanding veterinary facility on an NNN lease with dedicated customer parking and multiple access points.
- Added:
- Jun 26, 2026
- Days on Market:
- 13
- Last Refresh:
- Jul 1 at 3:31 am
Property Features for 1651 North Rancho Drive
General Information
- Standard status
- Active
- Size
- 6,163 SF
- Lot size
- 0.84 Acres
- Property subtype
- MU
Listing office Keller Williams Las Vegas (702) 212-2222
Listing date Jun 26, 2026
Source Realnex
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HighLights
- 6,163‑SF freestanding veterinary/medical‑office building constructed in 1989
- Located on approx. 0.84 acres at the signalized intersection of N Rancho Dr and Vegas Dr in Las Vegas, NV
- Dedicated customer parking plus multiple ingress and egress points for convenient access
- Leased as an Absolute Triple Net (NNN) investment property
- Property is fully leased veterinary healthcare investment at 1651 N Rancho Drive
Overview
The property is located at a signalized intersection of North Rancho Drive and Vegas Drive in Las Vegas, Nevada. The positioning at this intersection provides strong visibility along Rancho Drive and convenient street-level accessibility for clients approaching from multiple directions.
This is an acquisition opportunity for a fully leased veterinary healthcare investment property executed on an Absolute Triple Net (NNN) basis. The lease structure is designed to provide investors with passive ownership and minimal landlord responsibilities while maintaining a long-term, operationally oriented veterinary facility configuration.
Local 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 | $166.4k | $27.00 |
| − Vacancy | −$24.1k | −$3.92 |
| EGI | $142.3k | $23.09 |
| − OpEx | −$35.6k | −$5.77 |
| NOI | $106.7k | $17.31 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Gerald K. Huff, D.V.M. — 2480 N Decatur Blvd #185, Las Vegas, NV 89108
- Vegas House Call Veterinary — 3250 N Decatur Blvd, Las Vegas, NV 89130
- Vanderlinden Stewart DVM — 3348 N Rancho Dr, Las Vegas, NV 89130
- Hearts Alive Village Animal Clinic — 3250 N Decatur Blvd, Las Vegas, NV 89130
- Pet Resort & Spa — 3250 N Decatur Blvd, Las Vegas, NV 89130
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.188843
- Latitude
- 36.190692