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Bldg 2 4250 Simmons St

5,000 SF 60% Leased Office Building North Las Vegas, NV 89032 $1,632,672 ($327/SF) 5.30% Cap Rate

Investment Highlights

  • t.ly/AQhvk - Take a tour of Unit 100 - Absolute Dental
  • Unit 200 (2,000sf) is also available for a direct lease, $1.50 + NNN.

Executive Summary

Owner-user opportunity presents itself at 4250 Simmons St. a 5,000sf office building. This property is currently home to Absolute Dental, a thriving dental practice that occupies 3,000 square feet of the building. The remaining 2,000 square feet (Unit 200) is second-generation office space, ready for immediate occupancy (Layout Attached).
One of the key advantages of this owner-user opportunity is the potential for rental income from Absolute Dental. As they occupy 3,000 square feet of the building, new owners can enjoy a steady stream of income that can offset mortgage payments or other expenses.
Unit 200 (2,000sf) is also available for a direct lease, $1.50 + NNN.

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
5,000 SF
Building Class
B
Year Built
2006
Price
$1,632,672
Price Per SF
$327
Cap Rate
5.30%
NOI
$86,532
Percent Leased
60%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,000 SF
Building FAR
0.23
Lot Size
0.49 AC
Zoning
C-P - Office - North Las Vegas 4250 Simmons St. is also available for sale, great owner/user opportunity.
Parking
15 Spaces (3 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Monument Signage
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

With offices in Las Vegas, Henderson, Summerlin, Carson City, Reno and Sparks, their dentists create affordable smiles every day. From crowns to fillings, their dentists in Las Vegas and across Nevada are dedicated to making your visit a relaxing, comfortable experience. They can help you and your family receive great dental care at affordable prices, almost anywhere in Nevada. It’s not easy to find a dentist that can get the job done at an affordable price, but that’s what they specialize in. When you need a reliable dentist that doesn’t break the bank, look no further, that’s what Absolute Dental has built their business on. They have multiple locations around the Las Vegas Valley, Reno, Carson City, Sparks, and more, making it an easy drive from wherever you may be.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Health Care and Social Assistance 99,999 SF - Lorem Ipsum Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 200
  • 2,000 SF
  • Office
  • Full Build-Out
  • Now

Unit 200 is 2,000 square feet of office space offers an exciting opportunity for businesses looking to expand or relocate. This second-generation office space is already equipped with the necessary infrastructure and amenities, reducing the cost and time required for setup. It's an ideal solution for businesses seeking a ready-to-move-in space.

Space Size Space Use Condition Available
1st Fl-Ste 200 2,000 SF Office Full Build-Out Now

1st Fl-Ste 200

Size
2,000 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 200

Size 2,000 SF
Space Use Office
Condition Full Build-Out
Available Now

Unit 200 is 2,000 square feet of office space offers an exciting opportunity for businesses looking to expand or relocate. This second-generation office space is already equipped with the necessary infrastructure and amenities, reducing the cost and time required for setup. It's an ideal solution for businesses seeking a ready-to-move-in space.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
139-05-713-005
Land Assessment
$139,697
Improvements Assessment
$167,751
Total Assessment
$307,448
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 33871659

  • Date on Market: 11/14/2024

  • Last Updated:

  • Address: 4250 Simmons St, North Las Vegas, NV 89032

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