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Property profile & analytics
OFF-MARKET
Office Spaces

1901-1903 Jones Blvd Las Vegas, NV 89146

14,065 SF 1.12 ac lot Built 1993
Property ID
Property summary
AI-generated overview

This exceptional Class A medical office building, totaling 14,065 square feet, presents a unique sale/leaseback investment opportunity in Las Vegas, Nevada. Located at 1901-1903 South Jones Boulevard, this property boasts a prime location within the heart of the city's thriving medical and professional services corridor, strategically positioned near major thoroughfares with a combined traffic count of approximately 74,600 vehicles per day. Built in 1993 and extensively renovated in 2023, the building features premium tenant improvements and a new, long-term market-rate lease with a well-established medical practice specializing in primary care, personal injury, weight loss, and med spa services. The property sits on a 1.12-acre lot (APN 163-02-721-007) and is zoned for Professional Office (P-R). The asking price is $4,500,000, with a pro-forma NOI of $360,000. Its proximity to the Las Vegas Strip (four miles), Harry Reid International Airport (ten-minute drive), and major freeways (Interstate 15 and Highway 95) provides unparalleled accessibility and visibility. This investment offers a compelling combination of strong tenant occupancy, a desirable location, and significant upside potential. The property's recent renovations ensure modern amenities and functionality, making it an attractive asset for discerning investors seeking a stable, high-performing medical office investment.

Property profile
Verified
Property type Office Spaces
Year built 1993
Total area 14,065 SF
Lot 1.12 ac (48,787 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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