Compare Listings

  • Property Details
  • Marketing Information
  • Price: $8,750,000
  • Property Size: 82,900 SF
  • Land Area: 12 Acres
  • Cap Rate: 9.27%
  • NOI: $810,779
  • Occupancy: 100%
  • Property Type: Industrial
  • Property Status: For Sale

Description

Sun Commercial Real Estate, Inc is pleased to offer an exceptional opportunity to purchase an Industrial Investment on approximately ± 12 acres zoned (M-2). The offering includes a ± 7,800 SF of general/shop office space, ± 1,000 SF repair shop and ± 74,100 SF of steel canopies. The property offers exposure on I-15 with direct access at the Craig Road/I-15 Interchange, having the civic address of 4220 Donovan Way, North Las Vegas, Nevada within the North Las Vegas submarket. The property is 100% leased by Harsco Corporation [NYSE:HSC] through the end of 2019.

Highlights

  • International Credit Tenant [NYSE:HSC] – Harsco Corporation is a 65 year old $1.64B publicly traded company with current lease through December 2019
  • Well Performing Subtenant – Opportunity to negotiate a new long term lease with current subtenant, Fast Action Towing, at a market rate
  • Redevelopment Option – Ability to redevelop ±12 acre site for future highest and best use
  • North Las Vegas – Experienced the highest absorption of industrial space in the valley in 2017
  • North Las Vegas – The largest and most active industrial submarket
  • I-15 Exposure – Prime location with exposure on I-15 with billboard and easy access via Craig Road

Contact info

Jessica Cegavske
Jessica Cegavske
(702) 968-7321(702) 326-1590
Linkedin
Cathy Jones
Cathy Jones
(702) 968-7320(702) 595-8765
Linkedin

Inquire about this property