5,000 SF Medical Office Property Sold for $1,725,000

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7190 CimarronTrustees of the JEEG Trust purchased 7190 Cimarron Road, Las Vegas, NV for $1,725,000 ($341.00/SF). The 5,000 SF medical office property was 100% occupied by Dignity Health at the time of purchase. The property was being offered at a 6.5% cap rate at time of sale.  The Berg Team of Sperry Van Ness represented the buyer and Ron Opfer of Coldwell Banker represented the seller, Vanderbuilt Investment Group, LLC.