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1212 S Maryland Pky 2,500 SF 100% Leased Office Building Las Vegas, NV 89104 $1,610,677 CAD ($644.27 CAD/SF) 6.50% Cap Rate



INVESTMENT HIGHLIGHTS
- 5-Year NNN Lease in Place
- High Traffic and Excellent Frontage on Maryland Pkwy
- Turnkey Medical Infrastructure
- Prime Location Near Downtown Las Vegas
- 7 Operating Rooms + Sterilization & X-ray Rooms
- Active Site Improvements at Entry
EXECUTIVE SUMMARY
Presenting an exceptional investment opportunity near the heart of Downtown Las Vegas. This fully built-out medical office property features a long-term NNN tenant with a 5-year lease in place, offering stable income and minimal landlord responsibilities.
Located on high-traffic Maryland Parkway, the property benefits from strong visibility and easy access. The interior includes seven operating rooms, a sterilization room, break room, laundry area, X-ray capabilities, and fully installed plumbing infrastructure—ideal for continued medical or dental use.
Additional improvements include ongoing exterior work at the front of the building, enhancing curb appeal and accessibility.
Located on high-traffic Maryland Parkway, the property benefits from strong visibility and easy access. The interior includes seven operating rooms, a sterilization room, break room, laundry area, X-ray capabilities, and fully installed plumbing infrastructure—ideal for continued medical or dental use.
Additional improvements include ongoing exterior work at the front of the building, enhancing curb appeal and accessibility.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
2,500 SF
Building Class
B
Year Built
1942
Price
$1,610,677 CAD
Price Per SF
$644.27 CAD
Cap Rate
6.50%
NOI
$104,694 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,500 SF
Building FAR
0.38
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
P-R - DENTAL/MEDICAL OFFICE
Parking
12 Spaces (4.8 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Reception
- Monument Signage
- Air Conditioning
1 1
Walk Score®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 162-03-514-037 | Improvements Assessment | $32,919 CAD |
| Land Assessment | $36,302 CAD | Total Assessment | $69,221 CAD |
PROPERTY TAXES
Parcel Number
162-03-514-037
Land Assessment
$36,302 CAD
Improvements Assessment
$32,919 CAD
Total Assessment
$69,221 CAD
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1212 S Maryland Pky
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