Property Details

Value-Add Industrial Portfolio | Las Vegas, Nevada

32,283 Sqft -

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Property Description

Property Summary:

Property 1: 201 E Mayflower Avenue, North Las Vegas NV 

  • Building SF 22,313
  • Site Acres 1.25
  • Office % 18.5
  • Year Built 2005
  • Clear Height 22′
  • Rent PSF $11.75
  • Annual Rent $262,178
  • Cap Rate 7.85%
  • Purchase Price $3,339,844

Property 2: 2925 Brookspark Drive, North Las Vegas NV

  • Building SF 9,970
  • Site Acres 0.52
  • Office % 25
  • Year Built 1997
  • Clear Height 19′
  • Rent PSF $10.25
  • Annual Rent $102,193
  • Cap Rate 8.00%
  • Purchase Price $1,277,406

INVESTMENT HIGHLIGHTS

The properties are located off Martin Luther King
and Brookspark Drive with convenient access to
I-15
• Both properties are located in thriving business
areas surrounded by retail, industrial, and
residential
• The assets are priced well-below replacement cost
• The facilities are constructed of concrete block
• Value add investment property with owner user
opportunity

Basic Details
Property Type : Industrial
Listing Type : For Sale
Listing ID : 1017
Price Type : Per Sq Ft
Price/Sq Ft : $143.02 Per Sq Ft
Square Footage : 32,283 Sqft
Year Built : 0
Zoning : M-2
Cap Rate : 7.89
Buildings : 2
Industrial For Sale
  • Listing ID : 1017
  • Square Footage : 32,283 Sqft
  • Price Type : Per Sq Ft
$143.02 Per Sq Ft
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