1863 Helm Dr - Warehouse FOR SALE


Las Vegas, NV 89119- South Las Vegas
$3,950,000 USD
702-369-4863
1863 Helm Dr, Las Vegas, NV for Sale
$3,950,000 USD
Warehouse - FOR SALE
1/1
null | Request Cap Rate

1863 Helm Dr
Las Vegas, NV 89119
South Las Vegas


HIGHLIGHTS

  • ±17,610 SF total ±6,454 SF office
  • ±6,454 SF office
  • 2 grade doors, 1 dock high door
  • 24' clear height
  • 800A, 120/208 V, 4-wire, 3-phase power

OVERVIEW

CBRE, Inc. is pleased to present an opportunity to acquire a single-tenant NNN investment located in the desirable Airport Industrial submarket of Las Vegas, one of the top performing submarkets in Las Vegas. The offering consists of a 100% leased 17,910 SF flex/industrial building leased to a subsidiary of Lamar Media Corp., who has been an occupant of the building since 1999. The space includes  ±6,454 SF of office, (2) grade level doors, (1) dock high door, 24' clear height, and 800 amps, 120/208 volt, 4-wire, 3-phase power. Financial Summary: Purchase Price:                         $3,950,000.00 Year 1 NOI (8/1/26-7/31/31):  $225,971.08 Year 1 Cap Rate:                      5.72% Lease Term:                             5 Years (8/1/2026-7/31/2031) Base Rent Escalations:            3% Annually Located in the desirable Airport Industrial submarket of Las Vegas. Immediate access to I-15 and I-215 freeways.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$168 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Spencer Airport Center

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

UTILITIES

-

CLEAR CEILING HT

24 Ft

DOCKS

1

DRIVE INS

2

PARKING SPACES

42

LAND DETAILS

LAND ACRES

1.03

LAND SF

44,867

ZONING

M-D

APN/PARCEL ID

177-02-610-006

ASK ABOUT THIS PROPERTY

702-369-4863

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702-369-4863

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