2425 N. Lamb Blvd., Las Vegas, NV 89115

— Recently Sold • Represented Seller —

List Price$2.29MM

Size +/- 9,551 SF

Cap Rate 8.3%

Property Information

Property Overview

The Kaplan Commercial Group is pleased to present a unique opportunity to purchase the Lamb Carey Business Center, which is a freestanding medical/professional office building, located at the corner of N. Lamb Blvd & E. Carey Ave. The Property is +/- 9,551 SF and is fully leased out to NV State High School, Relevium Pain Management, and The Neck & Back Clinics. The center offers strong lease terms, length and options remaining. This is a sound property for an investor seeking a stabilized investment purchase.

The Property is located within 2-miles of the I-15 Freeway which provides easy access to the largest highway in the Las Vegas market. In addition, the Property’s submarket is projected to see significant population growth over the next 5 years (8.6%), which will contribute to a greater client base for an owner-user’s business.

Investment Highlights

  • STAND ALONE MEDICAL/PROFESSIONAL OFFICE BUILDING: The Property has 3 separate suites that are all 100% occupied and are all current on rent, while none had missed a payment during the most recent shutdown.
  • EXCELLENT PARKING: The Property has a parking ration of 5.6:1,000, which is well above the average ratio for standard office buildings.
  • STRONG POPULATION DENSITY: Within 1-mile of the Property, the population density is +/- 18,153 and within 3-mile radius of the Property is at +/- 212,129. In addition, the projected growth over the next 5 year period is 8.6% within 1-mile and 7.9% within 3-miles.
  • CLASS A FINISHES: Finishes of the suites is that of a caliber you would be more accustomed to finding in a Class A build-out.
  • PYLON SIGNAGE: Located directly on the NW corner of Lamb & Carey, the pylon signage for Lamb Carey Business Center is prominent with both standard inserts as well as digital signage available for use.



Michael Kaplan

Senior Associate
Las Vegas
License S.0189416.LLC
O 702.954.4163
C 808.377.0765
More Info