Leon Avenue | 3930 Leon Ave, 89130

Leon Avenue is a multi-tenant of office strip center, conveniently located on Alexander Road, just off Rancho Drive. The center currently sits in grey-shell condition. This of office center can comfortably accommodate two-six spaces or one large tenant.



-Comfortably accommodate two-six spaces or one large tenant.

-In grey shell condition ready for build out

-In the center of an active medical district

-Demisable to acceptable size depending on business use

-Busy Medical Office Complex

Leon Avenue is positioned at the center of UMC Quickcare, AA Medical, VA Southern Nevada Health Systems, and Rancho Rehabilitation. Amenities include over 140,000 residents over the age of 45, with in a 5 mile radius. With close proximity to several medical centers along Rancho Drive. Don' t miss out on the opportunity to service this community.

Financial Summary

Purchase Price: $2,550,000.00

Loan #1: $1,785,000.00

Cash Required: $765,000.00

Calculated Return

Annual Income: $225,410.20

Operating Expense: $55,780.36

NOI: $169,629.84

Cap Rate: 6.65%

Est. Loan Payment: $101,031.36

Cash Flow: $68,598.48

Rate of Return: 8.96%

Phyllis Hanley | B.029985

Cambridge Group LTD | 702-335-7719

Jordan Hanley | BS.0145889

Hanley Realty Group | 702-335-7731