2920 Green Valley PkwyHenderson, NV 89014

For Sale
$3,700,000
High-yield office complex, 9 tenants, 7.75% cap rate.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional investment opportunity presents a stabilized, multi-tenant office complex located at 2920 N Green Valley Pkwy, Henderson, NV 89014. The property consists of two, two-story buildings totaling 23,483 square feet on a 1.6-acre lot (APN 161-32-310-002). Built in 1995, the Class B office space is currently occupied by nine tenants under a NNN lease structure, generating a substantial net operating income (NOI) of $286,140. The property boasts a compelling 7.75% capitalization rate and a price per square foot of $157.23, reflecting a strong return on investment. With a total of ten units and 22,483 net rentable square feet, this property offers a diverse tenant base and significant income potential. The property is zoned CC, Henderson, providing flexibility for future development or expansion. This is a rare opportunity to acquire a well-maintained, high-performing office complex in a desirable Henderson location. The asking price is $3,700,000.

Highlights

  • $3,700,000 asking price for a stabilized multi-tenant office investment.
  • Class B, 23,483 square foot office building with 22,483 square feet of net rentable area.
  • Nine tenants in a NNN lease structure.
  • 7.75% cap rate with a $286,140 NOI.
  • Located on 1.6 acres at 2920 N Green Valley Pkwy, Henderson, NV 89014 (APN: 161-32-310-002).

Property Details for 2920 Green Valley Pkwy

Property type
Office properties
Square Feet
23,483 SF
Class
B
Year Built
1995
Buildings
2
Stories
2
Lot Size (sq. ft)
69,696 SF
Units
10

Location Insight

City
Henderson
County
Clark
State
Nevada
Latitude
36.0749488
Longitude
-115.0807942
2920 Green Valley Pkwy, Henderson, Nevada

FAQs

What type of property is this?
Office property - High-yield office complex, 9 tenants, 7.75% cap rate.
Where is the office property located?
The property is located at 2920 Green Valley Pkwy Henderson, NV.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: $3,700,000 asking price for a stabilized multi-tenant office investment.; Class B, 23,483 square foot office building with 22,483 square feet of net rentable area.; Nine tenants in a NNN lease structure.
How can I contact the broker?
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2920 Green Valley Pkwy
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