1011 E Alexander Ave - Manufacturing FOR SALE
North Las Vegas, NV 89030 |
$18,500,000 USD
702-596-8880
1011 E Alexander Ave
North Las Vegas, NV 89030
HIGHLIGHTS
- FOR SALE - Leased Investment With Upside!
- SALE PRICE : $18,500,000 | PRO-FORMA CAP RATE : 7.92% | PRO-FORMA NOI : $1,465,256
- ±45,000 SF Industrial space on ±9.04 acres
- Located near Craig Road and 5th Street
- Completely Renovated (Interior and Exterior) in 2022
- Paved, gated and fenced yard with ±50,000 SF concrete loading platform
OVERVIEW
FOR SALE - Leased Investment With Upside!
±45,000 SF Industrial Building on ±9.04 ACRES of M-2 Zoned Land
Completely renovated in 2022, 1011 E. Alexander Road features block and metal construction. The property is currently leased to Dune Opco LLC, a marijuana cultivation operator who has been in operation since 2021. Attractive Conventional Financing Available.
For more information or to schedule a tour please contact Dean Willmore at 702-369-4808 or Lauren Willmore at 702-369-4825.
FOR SALE DETAILS
PRICE
$18,500,000 USD
PRICE/SF
$402 USD /SF
CAP RATE
7.92%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Manufacturing
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1997
UTILITIES
-
CLEAR CEILING HT
25 Ft
DOCKS
-
DRIVE INS
9
PARKING SPACES
40
LAND DETAILS
LAND ACRES
9.04
LAND SF
393,782
ZONING
M-2
APN/PARCEL ID
139-11-102-001
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702-596-8880
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702-596-8880
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