3650 Eastern Ave Las Vegas, NV 89169
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Las Vegas Office Building: High ROI
Property size:
8,600 SFProperty Features for 3650 Eastern Ave
General Information
- Property type
- Retirement homes
- Square Feet
- 8,600 SF
- Class
- B
- Lot Size
- 871,200 SF
Building Details
- Year Built/Renovated
- 1984/2015
- Buildings
- 3
- Stories
- 1
- Units
- 16
Listing Agency: International Realty LV Listing Agent: Lawrence Strychalski
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a 1-story, Class B office complex in Las Vegas, Nevada. Located at 3650 S Eastern Ave, this 8,600 square foot property sits on a 20-acre lot and boasts 16 units within three buildings. Built in 1984 and renovated in 2015, the property currently enjoys 100% occupancy, generating a Net Operating Income (NOI) of $110,938, with a projected NOI of $155,575. The asking price is $1,600,000, representing a current cap rate of 6.93% and a pro-forma cap rate of 7.83%. The property is zoned C-P and offers excellent visibility and access directly on S Eastern Avenue, near amenities such as CVS Pharmacy, Starbucks, and Ross. The property is fee simple ownership and is ideally suited for a variety of professional or medical uses. This value-add investment presents a strong potential for future appreciation within a thriving Las Vegas location. The property's strategic location within the Fountain Park Medical & Professional Center, a well-established complex, further enhances its appeal. The building features a durable wood frame with stucco and brick veneer exteriors. The current occupancy date is November 1, 2024.
Property Profile
Location Intelligence
Current Use by Public Records
personal service and expertise
Consultant
Phamatech Laboratories & Diagnostics
Drug Testing Service
Nguyen C H ...
Dental Office
Precious Care Agency
Home Health Care Service
creative induction
Employment Agency
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.1179737
- Latitude
- 36.1236403
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FAQs
What type of property is this?
Retirement home - Las Vegas Office Building: High ROI
Where is this retirement home located?
The property is located at 3650 Eastern Ave 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: Class "B" medical office building, ±0.14 acres, at 3650 S. Eastern Ave #100, Las Vegas, NV 89169.; Located in the Fountain Park Medical & Professional Center, an 18-building complex.; Single-story wood-frame building with stucco and brick veneer.
