Clark County Acquires Medical Office In Las Vegas For $10.4M

The property involved in the transaction is a 17,066-square-foot psychiatric hospital building located at 5409 East Lake Mead Boulevard in Las Vegas, NV. The asset, completed in 2021, was acquired by Clark County for $10.4 million, amounting to a price per square foot of $609.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $10,400,000
• Buyer: Clark County
• Broker: Marlene Fujita Winkel - Cushman & Wakefield

Marlene Fujita Winkel from Cushman & Wakefield represented Clark County in the acquisition of the psychiatric hospital building, which aims to enhance behavioral healthcare support in an underserved area of northeast Las Vegas. The plans for the property's future utilization remain undisclosed.