Description

Colliers is pleased to present the opportunity to acquire the fee simple interest in 1655 E. Cactus Ave, a fully leased medical office building within The Village @ St. Rose, the newest medical office development in West Henderson, Nevada.With a prime location on St. Rose Parkway, the Project is anchored by a Fortune 10 company, which occupies 80,471 square feet on a new 15-year lease. 1655 Cactus Ave is an unrivaled Class “AA” medical office building in Las Vegas. The Property is strategically located between two major hospitals in one of the highest growth pockets of the market with elite demographics.The tenant will be operating multiple high acuity uses at the Property. The tenant is making a massive investment into the building with specialty buildouts, and it is backing it all up with a 15-year firm lease. With the tenant’s “A” credit rating, the offering reflects an uber-core medical offering that will operate as a bond with significant upside via its below market rental rate.