1070 Horizon Rdg Pkwy Henderson, NV 89012-6016

This exceptional 19,880-square-foot office building, located at 1070 W Horizon Ridge Pkwy, Henderson, NV 89012, presents a compelling value-add investment opportunity. The Class B property, built in 2004, sits on a 1.7-acre lot and boasts 117 parking spaces (5.89 per 1,000 sq ft). Currently 100% occupied with 11 tenants, including a mix of medical and professional offices, the property generates a strong NOI of $237,637, yielding a 6.52% cap rate at an asking price of $4,200,000 ($211.27/sq ft). All tenants are on gross leases, offering significant upside potential through market rent adjustments and expense recapture. The property features a desirable location within the MacDonald Highlands luxury community, near the Henderson Hollywood Hills, with high visibility on West Horizon Ridge Parkway. The building benefits from substantial tenant improvements and a strong demographic profile, with an average household income exceeding $108,735 within a 3-mile radius. The property is zoned CO (Office Commercial) and offers a fee-simple ownership structure. The building consists of one, two-story structure. Detailed lease information is available upon request.