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Property Information

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  • Price: $6,995,000
  • Property Size: 49,692 SF
  • Land Area: 4.98 Acres
  • Cap Rate: 5.97%
  • NOI: $417,851
  • Lease Type: NNN
  • $/SF: $140.77
  • Occupancy: 95.5%
  • Property Type: Industrial
  • Property Status: For Sale

Description

The Investment Services Group at Sun Commercial Real Estate has been exclusively retained to offer qualified investors the opportunity to acquire a ± 49,692 SF industrial multi-tenant investment opportunity in the North Las Vegas submarket. The Property consists of three (3) buildings that total ± 49,692 SF with suites ranging from 3,200 SF to 12,392 SF with 1 grade level loading door in each suite and offers a ±63,646 SF fenced yard.

Highlights

  • Rare multi-tenant industrial investment
  • Rents are at market rates
  • Property includes a total of 1.46 acres of fenced and gated yard areas consisting of a ±20,000 SF center pad and a 1 acre rear yard compound
  • The center pad has the potential for a +/- 16,000 SF building to be developed
  • North Las Vegas experienced highest absorption of industrial space in the valley in 2017
  • North Las Vegas is largest and most active industrial sub-market
  • Upside through lease up of remaining vacancy and contracted increases in existing leases

Contact info

Roy Fritz
Roy Fritz
(702) 968-7322(702) 482-9675
Linkedin
Cathy Jones
Cathy Jones
(702) 968-7320(702) 595-8765
Linkedin

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