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East Las Vegas Medical Center

3059 S Maryland Parkway Las Vegas, NV 89109

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Two-building medical campus in the East Las Vegas medical District.

Type:Office
Property size:
48,903 SF
Price / SF:
$159/SF
Added:
May 15, 2026
Days on Market:
58
Last Refresh:
Jul 2 at 6:47 am

Property Features for 3059 S Maryland Parkway

General Information

Standard status
Active
Size
48,903 SF
Property subtype
Office

Building Details

Year Built
2003

Listing office MDL Group

Listing date May 15, 2026

Source Crexi

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 MDL Group


Investment Insights

Based on property information with market context.

The Maryland Medical Center, located at 3059 & 3061 S. Maryland Parkway, is situated in the East Las Vegas medical District. This professional campus consists of two 2-story buildings totaling approximately 48,903 square feet. Constructed in 2003, the second-generation professional/medical office spaces feature 9-foot ceilings. The property has frontage directly across from Sunrise Hospital Medical Center. Located between the Las Vegas Country Club and the city, it is minutes from The Strip and Downtown. There are 51 surface parking spaces, as well as covered parking options.

Key Highlights

  • Premier location in the East Las Vegas Medical District, directly across from Sunrise Hospital Medical Center.
  • Value‑add opportunity with two 2‑story buildings totaling ±48,903 square feet.
  • Second‑generation professional/medical office spaces feature 9’ ceilings.

Local Financial Insights For Healthcare Medical

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 $1.17M $24.00
− Vacancy −$93.9k −$1.92
EGI $1.08M $22.08
− OpEx −$431.9k −$8.83
NOI $647.9k $13.25
48,903 SF · lease $24.00/SF/yr · vacancy 8.00% · expense 40.00%

Alternative Uses

Best Use
Office B
$10.75M
$9.41M – $12.54M (±1% cap)
NOI $752,617 @ 7.0% cap · market cap 9.65%
Second Best
Healthcare Medical
$9.26M
$8.10M – $10.80M (±1% cap)
NOI $647,867 @ 7.0% cap · market cap 8.31%
Theoretical Best
Specialty Retail
$16.90M
$14.79M – $19.71M (±1% cap)
NOI $1,182,863 @ 7.0% cap · market cap 15.16%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Dr. Maurice Pockey, ... Physician Dr. June D. ... Physician David P. Marmaduke, ... Physician Al-Adham Basel Medical Clinic Excel Clinical Research Medical Laboratory

Suggested Use

Building Supply Garden Center Veterinary Clinic Locksmith Pet Store Daycare Center Butcher Electrical Service (Bike/Boat/Book/etc) Store Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Medical Office Space - Two-building medical campus in the East Las Vegas medical District.
Where is this medical office space located?
The property is located at 3059 S Maryland Parkway Las Vegas, NV.
What is the asking price?
The asking price for this property is $7,800,000.
What are key features of this property?
This property features: Premier location in the East Las Vegas Medical District, directly across from Sunrise Hospital Medical Center.; Value‑add opportunity with two 2‑story buildings totaling ±48,903 square feet.; Second‑generation professional/medical office spaces feature 9’ ceilings.
Contact an agent
(702) 388-1800 Call to check price and availability
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