350 Falcon Ridge, Mesquite, Nevada, United States, 89027
1,590,000
for Sale
About the property:
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 10/30/26. 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
- Property Type:
- Commercial Building
- Status:
- for Sale
- House Style:
- 1 story above ground
- Acres:
- 0.79
- Square Feet:
- 7838
- Area:
- North of I15
- Subdivision:
- Falcon Mesa
- Heating Type:
- 0
- Miscellaneous:
- Wheelchair Accessible
- Is Business:
- Yes
- Is Building:
- Yes
- Is Church:
- Yes
- Is Market:
- Yes
- Is Medical:
- Yes
- Is Office:
- Yes
- Is Other:
- Yes
- Is Service:
- Yes
- Is Unit:
- Yes
- Annual Property Taxes:
- 8,140
- Listing ID:
- 1126523
Rooms
Dimensions
Brokered by:
Prime Properties Mesquite
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