Cushman & Wakefield’s Healthcare Advisory Practice is pleased to present the opportunity to purchase 5409 E Lake Mead Blvd, Las Vegas (“Lake Mead”). Lake Mead is a 24-bed, newly built (but never occupied), psychiatric hospital located in NE Nevada. The hospital was built as a full lock-down facility and is equipped with top-of-the-line anti-ligature FF&E that is included in the purchase of the property. There is also a fully operational kitchen. Lake Mead is located 5.8 miles south of Mike O’Callaghan Military Medical Center which sits on Nellis Air Force Base. Nellis provides outpatient care but refers all of their inpatient needs off base. Lake Mead is also located about 10 miles from the VA hospital and 3.5 miles north of Vista Hospital.
Boasting a population of 656,503, Las Vegas continues to rank among the top 10 fastest-growing cities in the U.S. The city lacks services that cater to the military population which provides ample opportunity to behavioral health operators that offer these services.