Medical Office
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For Sale
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2900 W HORIZON RIDGE PKWY, Henderson, NV 89052
The suite is configured as one dedicated medical office unit.
Property Size6,002 SF
Price / SF$416.53
Days on Market5
Property Features for 2900 W HORIZON RIDGE PKWY
General Information
Standard status
Active
Size
6,002 SF
Property subtype
Office
Additional Details
Office Units
1
Listing Agency:
Barashy Group
Listed By:
Ofir Barashy · License #B.146149.LLC
Source:
Crexi
Added: Sep 9
Changed: Sep 12
Last Checked: Sep 13 at 5:43AM
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 Barashy Group
Investment Insights
Based on property information with market context.
Suite 101 at 2900 W Horizon Ridge Pkwy is a 6,002-square-foot medical office space arranged as one unit. The property is located in Henderson, Nevada 89052.
Key Highlights
- 6,002 SF medical office space
- Configured as 1 unit
- Suite 101 at 2900 W Horizon Ridge Pkwy
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$89,130
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.57%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,782,600
$1.8M
Cap Rate 7%
$1,273,286
$1.3M
Cap Rate 9%
$990,333
$990.3K
Market Conditions
NOI Build-Up for 6,002 SF
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.
Gross rent
$144.0K $24.00/SF
− Vacancy
−$25.2K −$4.20/SF
EGI
$118.8K $19.80/SF
− OpEx
−$29.7K −$4.95/SF
NOI
$89.1K $14.85/SF
Area
ZIP 89052
Vacancy
17.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,782,600
Cap Rate 7%
$1,273,286
Cap Rate 9%
$990,333
Alternative Uses
Best Use
Office B
$1.27M
$1.11M – $1.49M
NOI $89,130 @ 7.0% cap · market cap 3.57%
Second Best
Healthcare Medical
$1.14M
$998.3K – $1.33M
NOI $79,860 @ 7.0% cap · market cap 3.19%
Theoretical Best
Specialty Retail
$2.10M
$1.84M – $2.45M
NOI $147,177 @ 7.0% cap · market cap 5.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
3,977
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 89052, NV
59,987
Population
26,456
Households
2.3
Avg Household Size
46
Median Age
47%
College-Educated
96%
High-School Grad
16.3 sq mi
ZIP Area
3,680
Density / Sq Mi
$98,462
Median Household Income
$57,772
Median Earnings
$1,938
Median Rent
$595,500
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
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- Sunridge Animal Hospital: Snead Johnathan DVM — Sunridge Village Plaza, 10850 S Eastern Ave, Henderson, NV 89052
Frequently Asked Questions
What type of property is this?
Medical Office Space - The suite is configured as one dedicated medical office unit.
Where is this medical office space located?
The property is located at 2900 W HORIZON RIDGE PKWY Henderson, NV.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 6,002 SF medical office space; Configured as 1 unit; Suite 101 at 2900 W Horizon Ridge Pkwy
