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6590 S Rainbow Blvd
7,598 SF Office/Medical Condo Unit Offered at $4,000,000 in Las Vegas, NV 89118
![6590 S Rainbow Blvd, Las Vegas, NV for sale - Primary Photo - Image 1 of 4](https://images1.loopnet.com/i2/c2q4_sVXZTNQtM-Vyqlp2TDpVoiMJ_A08ae5J2EUdH0/110/6590-S-Rainbow-Blvd-Las-Vegas-NV-Primary-Photo-1-Large.jpg)
![6590 S Rainbow Blvd, Las Vegas, NV for sale - Building Photo - Image 2 of 4](https://images1.loopnet.com/i2/ow-hG_vhh69VmdxEiXCaEGnMFDOOvafYKN82w4b2_2w/110/6590-S-Rainbow-Blvd-Las-Vegas-NV-Building-Photo-2-Large.jpg)
![6590 S Rainbow Blvd, Las Vegas, NV for sale - Building Photo - Image 3 of 4](https://images1.loopnet.com/i2/2w2mIjBNvobuNeI4h6kwdNT3SP1o9hrKlOojY-6feXQ/110/6590-S-Rainbow-Blvd-Las-Vegas-NV-Building-Photo-3-Large.jpg)
Executive Summary
Great investment opportunity. Office condo in newer building, constructed in 2020 with credit tenant in place. Approximately 11 years remaining on existing lease. NOI over $200k annually with rent escalations each year. Expense increases pass through to tenant per lease agreement.
Data Room Click Here to Access
Property Facts
Price | $4,000,000 | Building Class | A |
Unit Size | 7,598 SF | Floors | 2 |
No. Units | 1 | Typical Floor Size | 13,138 SF |
Total Building Size | 26,274 SF | Year Built | 2020 |
Property Type | Office (Condo) | Lot Size | 2.42 AC |
Sale Type | Investment NNN | Parking Ratio | 5/1,000 SF |
Price | $4,000,000 |
Unit Size | 7,598 SF |
No. Units | 1 |
Total Building Size | 26,274 SF |
Property Type | Office (Condo) |
Sale Type | Investment NNN |
Building Class | A |
Floors | 2 |
Typical Floor Size | 13,138 SF |
Year Built | 2020 |
Lot Size | 2.42 AC |
Parking Ratio | 5/1,000 SF |
1 Unit Available
Unit 200 & 250
Unit Size | 7,598 SF | Sale Type | Investment |
Price | $4,000,000 | Cap Rate | 5.31% |
Price Per SF | $526.45 | NOI | $212,504 |
Condo Use | Office/Medical | No. Parking Spaces | 12 |
Unit Size | 7,598 SF |
Price | $4,000,000 |
Price Per SF | $526.45 |
Condo Use | Office/Medical |
Sale Type | Investment |
Cap Rate | 5.31% |
NOI | $212,504 |
No. Parking Spaces | 12 |
Description
Great investment opportunity. Office condo in newer building, constructed in 2020 with credit tenant in place. Approximately 11 years remaining on existing lease. NOI over $200k annually with rent escalations each year. Expense increases pass through to tenant per lease agreement.
Sale Notes
NNN Investment
Medical Office Condo
2020 Construction
Rainbow Boulevard & 215 Frontage
Credit Tenant
11 years remaining on existing lease
Amenities
- 24 Hour Access
- Security System
- Central Heating
- Reception
- Drop Ceiling
- Air Conditioning
zoning
Zoning Code | R-E |
R-E |
NNN Tenant Information Click Here to Access
TENANT | SF OCCUPIED | LEASE END DATE |
---|---|---|
NuMale Medical |
99,999 SF SF
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Jan 0000
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6590 S Rainbow Blvd
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