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$5,150,000 – Avrio Walnut Center

Las Vegas, NV

$5,300,000

3020-3060 N. Walnut Road
Las Vegas, NV

CAP RATE: 4.96%

SF: 92,056

TYPE: Industrial

STATUS: Available

Download Marketing Package Below

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Property Highlights

  • One of the few remaining Value-Add Multi-Tenant Industrial Complexes in the entire Las Vegas Valley
  • Sub-market vacancy of 4% and no similar projects under construction provides significant upside
  • Submarket rents increased 8.7% in 2015
  • Average sub-market positive absorption of over 501,721 SF per quarter for the last 5 quarters
  • Call for Offers is set for April 8th. Property tours are available for March 31st & April 1st. ┬áPlease call to schedule.

Contact an agent:

Roy Fritz
Senior Vice President Investment Services Group
Office: (702) 968-7322
Mobile: (702) 482-9675
RoyF@suncommercialre.com

Cathy Jones
CEO Investment Services Group
Office: (702) 968-7320
Mobile: (702) 595-8765
CathyJ@suncommercialre.com

Jessica Cegavske
Vice President Investment Services Group
Office: (702) 968-7321
Mobile: (702) 326-1590
JessicaC@suncommercialre.com

The Offering

The Investment Services Group of Sun Commercial Real Estate, Inc. has been selected to exclusively offer for sale Avrio Walnut Center, two multi-tenant flex industrial buildings totaling ┬▒92,056 SF. The property is located at 3020-3060 N. Walnut Road, Las Vegas, Nevada.