Freestanding Veterinary Medical
1651 North Rancho Drive Las Vegas, NV 89108
1651 North Rancho Drive, Las Vegas, NV, 89108
$1,600,000
For Sale
$1,600,000
Freestanding veterinary facility on an NNN lease with dedicated customer parking and multiple access points.
Property Size6,163 SF
Lot Size0.84 Acres
Price / SF$259.61
Days on Market22
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 Agency
Keller Williams Las Vegas
(702) 212-2222
Listed by
Jesse Chippoletti, CCIM · License #S.183946
(702) 212-2222
Source
Realnex
Added: Jun 26 Checked: Jul 15 at 1:25 am
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 Keller Williams Las Vegas
Investment Insights
Based on property information with market context.
The subject property is a freestanding commercial building totaling 6,163 square feet, constructed in 1989 and situated on approximately 0.84 acres. The building is laid out for a functional medical-office use focused on veterinary operations, with features supporting customer flow and on-site access. The site includes dedicated customer parking, efficient circulation throughout the parcel, and multiple points of ingress and egress.
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.
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.
Key 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
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 |
6,163 SF · lease $27.00/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.52M
$1.33M – $1.78M
NOI $106,705 @ 7.0% cap · market cap 6.67%
Second Best
Healthcare Medical
$1.22M
$1.07M – $1.42M
NOI $85,264 @ 7.0% cap · market cap 5.33%
Theoretical Best
Office A
$2.09M
$1.83M – $2.43M
NOI $146,005 @ 7.0% cap · market cap 9.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bradley Ann S ...
Veterinary Clinic
The Ark Animal Clinic
Veterinary Clinic
Similar For Sale Nearby
Similar Off Market 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
FAQs
What type of property is this?
Medical Office Space - Freestanding veterinary facility on an NNN lease with dedicated customer parking and multiple access points.
Where is this medical office space located?
The property is located at 1651 North Rancho Drive Las Vegas, NV.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 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
