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Bldg 300 350 Falcon Ridge Pky 9,549 SF 100% Leased Office Building Mesquite, NV 89027 $2,218,368 CAD ($232.31 CAD/SF) 2.16% Cap Rate

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EXECUTIVE SUMMARY

Nice 4 unit commercial building fully rented. Very stable rentals. One is to Highway Patrol at market rates. Other 3 are at below market rates. Two of the four are on year leases that come up for renewal in mid 10/25 & 2/26. Could be a great opportunity for an owner/user who wants up to approximately 4100 sf combined with income on balance of the property, or opportunity to rent fresh to new tenants at market rates or re-negotiate rates closer to market with existing tenants. Established business center popular with medical and other professional. Current tenants are Highway Patrol, two churches, and a real estate office. Suite 301 is approximately 2800 sf and is leased to a church, through 2/28/26. Suite 302 is approximately 2400 sf, and is leased to a church and is leased through 5/30/31. Suite 303 is approx 1319 sf and is leased to NHP through 8/31/27. Suite 304 is approximately 1319 sf and is leased to a real estate office through 5/30/31. Total income currently is approx. $4,443/mo. Total expenses currently, excluding debt service are estimated at $1587/mo. If Suites 301 & 304 were to be rented at closer to market rent, total income would be closer to $6,000/mo

ATTACHMENTS

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PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
9,549 SF
Building Class
B
Year Built
2006
Price
$2,218,368 CAD
Price Per SF
$232.31 CAD
Cap Rate
2.16%
NOI
$47,917 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,549 SF
Building FAR
0.28
Lot Size
0.79 AC
Zoning
PUD
Parking
28 Spaces (2.93 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
001-18-114-014
Land Assessment
$68,784 CAD
Improvements Assessment
$396,008 CAD
Total Assessment
$464,793 CAD
  • Listing ID: 36380046

  • Date on Market: 2025-06-24

  • Last Updated:

  • Address: 350 Falcon Ridge Pky, Mesquite, NV 89027

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