8285 Arby AveLas Vegas, NV 89113

  • Healthcare properties
  • 77,049 SF
For Lease
$23.52/SF/YR View listing

Property Details for 8285 Arby Ave

Year built
2007
Construction
FRAME
Lot size
0.69 AC
Property size (Sq ft)
77,049 SF
Property type
Healthcare properties
Property subtype
Medical offices
APN
176-04-410-003
APU
17604410003

Description

This exceptional Class A medical office building, the San Martin Medical Arts Pavilion, offers 73,292 square feet of prime space in Las Vegas, Nevada. Built in 2007, this three-story building boasts six total suites, with three currently available, ranging from 1,957 to 3,685 square feet. The minimum divisible space is 3,147 square feet, and the maximum contiguous space available is also 3,147 square feet. Currently, 7,811 square feet are vacant, presenting a unique opportunity for medical professionals seeking a prestigious location. The building enjoys a convenient location on the campus of St. Rose San Martin Hospital, easily accessible from Warm Springs Road, between Buffalo Drive and Durango Drive, with quick access to the I-215 Beltway. Ample parking is provided with a 5:1,000 square foot ratio. Located in Clark County, at 8285 West Arby Avenue, Las Vegas, NV 89113, this property offers a highly desirable address and exceptional visibility. The building's modern design and convenient amenities make it an ideal setting for a variety of medical practices. This is a rare opportunity to secure space in a thriving medical hub.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $16,738,544
    6.5%
    $15,450,964
    7%
    $14,347,323
  • Comparable approach

    Method
    Valuation
    Relative Method
    $15,436,767
    Geo Method
    $15,436,767
  • Alternative Use

    Use
    Valuation
    Residential
    $19,159,194
    Hospitality
    $17,549,720
    Educational
    $14,601,161
    Medical
    $15,103,317
    Retail
    $22,712,916
8285 Arby Ave, Las Vegas, Nevada

Location Insight

City
Las Vegas
County
Clark
State
Nevada
Latitude
36.0584
Longitude
-115.272
CBSA code
29820
CBSA name
LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$176,263
$178,833
$6,810,064
$6,988,897
-
$510,951
$19,457,326
$19,968,277

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