1358 Paseo Verde PkwyHenderson, NV 89012

This exceptional investment opportunity presents a two-story, 4,493 square foot Class B office condo at 1358 Paseo Verde Pkwy, Henderson, NV 89012. Built in 2013 and renovated in 2024, the property boasts a desirable location with excellent visibility and access to major roadways, including the 215/Stephanie on-ramp. The building features three suites, currently 100% occupied by three tenants, including a primary tenant (Optimal Physical Therapy) since 2014, occupying approximately 70% of the space. Two long-term healthcare tenants have recently signed new 5-7 year leases. A smaller 746 square foot space was recently leased for two years at market rate. The property offers modern finishes throughout all three suites and benefits from a Net Net Net (NNN) lease structure with a corporate guarantee, ensuring predictable cash flow. The current Net Operating Income (NOI) is $102,979, resulting in a 5.25% cap rate. The asking price is $1,961,000, translating to $436.46 per square foot. The property includes four parking spaces per 1,000 square feet. Rent bumps are projected at 2-3% annually. The seller is open to leasing back 660 square feet for seven years with a seven-year option. This stabilized investment offers a compelling opportunity for long-term growth and appreciation, situated within a rapidly expanding residential area. The property is zoned for Office Professional use and features an elevator (shared with three other buildings in a four-building cluster). Detailed financial information, including a 10-year discounted cash flow (DCF) analysis, is available upon request with a signed non-disclosure agreement (NDA) and proof of funds. This is a true NNN investment property with accurate numbers and real leases, not pro forma. This presents a strong 1031 exchange opportunity.