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NADHC BLDG - 10yr Leaseback 2008 S Jones Blvd 7,200 SF 100% Leased Office Building Las Vegas, NV 89146 $3,488,000 CAD ($484.44 CAD/SF) 5.66% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Brand-New 10-Year Absolute NNN Lease – Zero landlord responsibilities; pure passive income.
  • Built-In Rent Growth – 2% annual increases (Yrs 1–5) & 3% (Yrs 6–10) far above national medical office average.
  • Turnkey Condition – Freshly painted exterior & solar panels for curb appeal and operating efficiency.
  • Creditworthy Medical Tenant – Nevada Adult Day Healthcare Centers, Inc., licensed & NPI-registered with proven track record.
  • Prime Healthcare Corridor – Minutes from multiple hospitals & specialty clinics in a dense 476K+ population trade area.
  • Rare Yield Stability – 5.66% cap rate today with projected above-market IRR over the lease term.

EXECUTIVE SUMMARY

Rare absolute NNN medical office sale-leaseback with a brand-new 10-year term, offered at $2.5M (5.66% cap). Leased to Nevada Adult Day Healthcare Centers, Inc., a highly reputable, licensed, and NPI-registered operator with a proven track record. Two (2) five-year renewal options plus 2% annual rent increases in years 1–5 and 3% in years 6–10 — well above the norm for medical office, ensuring built-in income growth.
The 7,200 SF freestanding building on 0.20 AC is in West Las Vegas’ established Oracle Business Park, benefiting from a densely populated trade area of nearly 476,000 residents with projected 7.6% growth over the next five years. Located along S. Jones Blvd with excellent visibility, immediate access to Sahara Blvd & US-95, and surrounded by hospitals, specialty clinics, and urgent care centers, the site offers unmatched convenience and healthcare synergy.
Property was recently upgraded with a freshly painted exterior and solar panels, enhancing curb appeal and reducing operating costs. This turnkey, low-maintenance asset delivers stable, long-term cash flow from day one, supported by a creditworthy tenant and a strategic healthcare corridor location. Opportunities with this lease term, rent growth, tenant quality, and prime Las Vegas metro positioning are exceptionally rare in today’s market.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Office
Property Subtype
Medical
Building Size
7,200 SF
Building Class
B
Year Built
2005
Price
$3,488,000 CAD
Price Per SF
$484.44 CAD
Cap Rate
5.66%
NOI
$197,421 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,200 SF
Building FAR
0.83
Lot Size
0.20 AC
Zoning
C-1
Parking
33 Spaces (4.58 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Nevada Adult Day Healthcare Centers, Inc
  • Health Care and Social Assistance
  • -
  • -
  • Nov 2035
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Nevada Adult Day Healthcare Centers, Inc Health Care and Social Assistance - - Nov 2035

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
163-01-310-005
Land Assessment
$64,495 CAD
Improvements Assessment
$457,552 CAD
Total Assessment
$522,047 CAD
  • Listing ID: 37278040

  • Date on Market: 2025-08-14

  • Last Updated:

  • Address: 2008 S Jones Blvd, Las Vegas, NV 89146

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