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Cathedral Rock Medical Center 7200 W Cathedral Rock Dr

44,188 SF 95% Leased Office Building Las Vegas, NV 89128 $15,000,000 ($339/SF)

Investment Highlights

  • Located within the Las Vegas Medical District-North West
  • Covered employee parking & ample patient parking
  • Quick access to US-95 Freeway
  • Close proximity to Mountain View Hospital
  • Freshly painted exterior
  • Nearby amenities include Target, Walmart, US Postal Services, Panera, Coffee Bean, Best Buy, Barnes and Nobles

Executive Summary

The Cathedral Rock Medical Center is a +/-44,188 SF two-story professional medical office building located at 7200 Cathedral Rock Drive, Las Vegas NV 89128 in the Las Vegas Medical District - Northwest. Built in 1995 and remodeled in 2014, this almost 100% leased property has a clean minimalist design with easy accessibility with ample parking for both patients, customers, tenants, and vendors. Close proximity to Mountain View Hospital, Southwest Medical, Optum Care, the 95 Freeway, plenty of shopping, food, schools, and the US Postal Service. Situated between Lake Mead Blvd and Cheyenne Ave off Tenaya Way.
-Maloney Management

Data Room Click Here to Access

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
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 (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
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
Property Type
Office
Property Subtype
Medical
Building Size
44,188 SF
Building Class
B
Year Built/Renovated
1995/2014
Price
$15,000,000
Price Per SF
$339
Percent Leased
95%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
22,094 SF
Slab To Slab
11’
Building FAR
0.25
Land Acres
3.98 AC
Zoning
C-PB - The C-PB District allows research, development and testing laboratories, medical related uses.
Parking
215 Spaces (4.87 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Signage
  • Skylights
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

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

The doctors and staff at Desert West Surgery are determined to break the mold when it comes to surgical care. They’re devoted to addressing the individual needs and demands of each patient. They offer their time before and after surgery to help patients achieve optimal outcomes, and they do it all in a warm and caring environment at three locations in Las Vegas, Nevada. Patients don’t just feel comfortable and cared for at Desert West Surgery — they’re also confident in the quality of the surgery they receive. Their surgeons combine extensive training, years of experience, and state-of-the-art technology to deliver an unsurpassed quality of care. They specialize in general, oncological, and colorectal surgery, which covers the vast spectrum of health conditions affecting the body, from the thyroid through the digestive tract -- including the stomach, liver, and pancreas.

  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Dr. Gary R. Skankey, M.D., is a third-generation doctor specializing in Infectious Disease Medicine. He grew up with the influence of his father, an OBGYN, and his grandfather, a family practice physician. He decided to pursue Infectious Disease Medicine in order to help patients with long-term diseases get the proper treatment they need to heal. Starting in 1992, Dr. Skankey worked as an Associate of Infectious Disease Specialists, staying in the role until 2017. He left in 2017 to open his private practice. As an Infectious Disease Specialist, Dr. Skankey meets with patients to provide long-term care for people with lifelong or long-term diseases. He examines patients and determines the best course of treatment. He uses various antimicrobial treatments to help with infections. Some infections are resistant to disease and treatments, and can require long and complex treatments over time.

  • DrShetty PLLC
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
  • General Vascular Specialists
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

General Vascular Specialists offers a wide variety of services and an extensive array of the latest surgical techniques to provide care for the many facets of general and vascular surgery.

  • Kelly G Timothy MD
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Local office of a rheumatologist located in Las Vegas, Nevada, established in 1993.

  • Melissa K. Adams, MS
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -

Local marriage or relationship counselor located in Las Vegas, Nevada.

  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

The healthcare providers at Pulmonary Associates are dedicated to the compassionate care of patients suffering from lung disease, allergies, asthma, and sleep disorders. The multidisciplinary team of board-certified specialty physicians, nurse practitioners, medical assistants, X-ray technicians, and administrative staff are committed to providing the best, most efficient pulmonary, allergy, and sleep disorder care in Southern Nevada. Pulmonary Associates specializes in providing care for patients in a private practice setting, or who are hospitalized in acute care or long-term care facilities in the Las Vegas Valley. Pulmonary Associates also provides services in the hospital on a consulting basis, managing patients in the intensive care unit (ICU) and those who need ventilator support.

  • Radiology Partners
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Health Care and Social Assistance 99,999 SF - Lorem Ipsum Jan 0000
Health Care and Social Assistance 99,999 SF - Lorem Ipsum Jan 0000
DrShetty PLLC Health Care and Social Assistance 99,999 SF - Lorem Ipsum Jan 0000
General Vascular Specialists Health Care and Social Assistance 99,999 SF - Lorem Ipsum Jan 0000
Kelly G Timothy MD Health Care and Social Assistance 99,999 SF - Lorem Ipsum Jan 0000
Melissa K. Adams, MS Health Care and Social Assistance 99,999 SF - Lorem Ipsum -
Health Care and Social Assistance 99,999 SF - Lorem Ipsum Jan 0000
Radiology Partners Health Care and Social Assistance 99,999 SF - Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
138-15-810-014
Land Assessment
$910,187 (2024)
Improvements Assessment
$1,851,400 (2024)
Total Assessment
$2,761,588 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
  • Listing ID: 33677023

  • Date on Market: 10/29/2024

  • Last Updated:

  • Address: 7200 W Cathedral Rock Dr, Las Vegas, NV 89128

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