3115 S Eastern Ave Las Vegas NV 89169

Alignment CRE powered by eXp Commercial is pleased to offer for sale 3115 S Eastern Ave (the “Property”), a single tenant medical office building totaling 3,375 SF. Located in the Paradise Palms submarket within the east side of Las Vegas, Nevada, the Property offers exceptional access to a deep and diverse high density residential population.

This investment offering is a unique opportunity to acquire an updated medical office building currently 100% leased with a family practice physician group that is expecting to vacate in April 2026, or in connection with the sale of the property.

Property Overview

The property located at 3115 S Eastern Ave, Las Vegas, NV, is a prime investment opportunity within the bustling Paradise Palms submarket. This single-tenant medical office building boasts a total area of 3,375 square feet, providing ample space for a variety of medical practices. The building’s layout is specifically designed to accommodate the needs of healthcare providers, ensuring an efficient and conducive environment for patient care.

Currently, the property is leased to a well-established medical practice, ensuring a steady stream of revenue for potential investors. The lease arrangement is structured to favor a strong tenant, demonstrating the property’s suitability for ongoing operational stability. This aspect is particularly appealing for investors seeking a low-risk investment in the healthcare sector, which is recognized for its resilience and growth potential, notwithstanding economic fluctuations.

In addition to its impressive size and tenant profile, the location of 3115 S Eastern Ave is strategically advantageous. The Paradise Palms submarket is known for its accessibility and proximity to major transportation routes, enhancing visibility and foot traffic for the medical practice. The surrounding area features a mix of residential, commercial, and healthcare facilities, contributing to a synergistic environment conducive to patient referrals and partnerships.

The current state of the property is well-maintained, ensuring that tenants can operate without the concerns associated with deferred maintenance or structural issues. The building’s design incorporates modern amenities, making it attractive to both patients and healthcare professionals. In summary, the property at 3115 S Eastern Ave presents a compelling investment opportunity, characterized by its favorable location, robust tenant occupancy, and a strong market presence in the medical office sector.

Market Insights and Location Benefits

The medical office building located at 3115 S Eastern Ave is strategically positioned in a rapidly growing sector of Las Vegas, which is characterized by high population density and diverse demographic statistics. This area has witnessed significant growth, with an influx of residents and businesses contributing to the expanding local economy. The Las Vegas metropolitan area has experienced an increase in the population, with projections estimating continual growth over the coming years, making it an attractive destination for real estate investment.

The location is not only central but also accessible, making it favorable for medical professionals looking to establish or expand their practices. Proximity to major highways and public transportation options facilitates easy access for patients, enhancing the convenience factor that is essential for medical facilities. Analysts note that having a medical office situated in a densely populated region considerably boosts its visibility and walk-in traffic, thereby increasing the potential for patient acquisition and retention.

Market trends indicate that the demand for healthcare services continues to rise, especially in urban settings like Las Vegas, where diverse population demographics exist. The area attracts a mix of young families, retirees, and transient populations, creating a steady need for medical services. Furthermore, the presence of various healthcare institutions and support services in the vicinity enhances the likelihood of referrals and collaborative partnerships, driving the growth potential of any medical practice established in this location.

The combination of these factors—the strategic location, demographic dynamics, and the overall growth outlook—makes the 3115 S Eastern Ave medical office building a prime investment opportunity. Investors can expect an appealing return on investment, driven by the increasing demand for medical office spaces in a thriving community.

Investment Highlights

The medical office building located at 3115 S Eastern Ave presents a compelling investment opportunity, distinguished by its fully leased status. This characteristic significantly reduces the immediate risks associated with vacancy, enhancing the property’s attractiveness to potential investors. With a lease that ensures stability, investors can anticipate consistent cash flow, which is a critical factor in evaluating investment viability.

However, it is essential to note that the property is projected to experience a vacancy timeline in April 2026. This anticipated vacancy period opens avenues for a strategic leasing process, allowing for the possibility of attracting new tenants or operating owners. Investors can take advantage of this timeframe to enhance tenant outreach and reposition the property in the market. The demand for medical office space is expected to remain robust, given the continued growth in healthcare services and the ongoing need for medical facilities, which will play a pivotal role in mitigating risks associated with future vacancies.

Investing in a healthcare-focused property like the one on Eastern Ave aligns with current trends that demonstrate increasing investor confidence in the healthcare sector. The implications of such an investment are noteworthy; healthcare properties are not only resilient but often show lower volatility compared to traditional commercial real estate. This positions investors favorably, especially in an environment where consistent returns are highly sought after.

The potential returns from this investment can be further enhanced by exploring options for repositioning the property post-vacancy. Healing-focused businesses are known to yield strong market demand, suggesting that the property can continue to capitalize on the healthcare growth trend. The strategic advantages of acquiring a 100% leased property with future leasing potential firmly establish this medical office building as a prime investment opportunity.

Conclusion

In conclusion, the 3115 S Eastern Ave Medical Office Building presents a compelling investment opportunity that should not be overlooked. This property is strategically positioned in a vibrant and growing area, making it an attractive option for investors seeking to expand their portfolios with a high-potential asset. Its modern design, combined with the functionality tailored for medical use, ensures that it meets the needs of a thriving community.

Moreover, the location of this medical office building enhances its appeal. Situated in a busy commercial corridor, it enjoys easy access to major thoroughfares and ample parking, making it convenient for both healthcare professionals and patients alike. The surrounding areas are characterized by a diverse demographic, with an increasing population that continues to demand quality medical services. The potential for long-term sustainability and growth is evident, particularly as healthcare needs evolve and expand in the region.

Furthermore, the market potential surrounding 3115 S Eastern Ave is significant. With the ongoing trends in the healthcare sector, investing in medical office spaces has proven to yield favorable returns. The rising demand for outpatient services and specialized care positions this property as a unique opportunity to capitalize on the expansion of healthcare facilities.

For those considering a strategic investment in real estate, this medical office building stands out as a viable option. We invite you to explore this promising property further and recognize the value it can add to your investment strategy. If you would like more information or wish to arrange a viewing of the 3115 S Eastern Ave Medical Office Building, please do not hesitate to reach out to us. This opportunity may very well be the key to diversifying and enhancing your investment portfolio.