3360 N Lamb Blvd - Distribution FOR SALE
Las Vegas, NV 89115 |
3360 N Lamb Blvd
Las Vegas, NV 89115
HIGHLIGHTS
- Compelling Basis - Attractive basis relative to replacement cost which is estimated to be in the $269 PSF range
- Premium Location - 7 minutes to arterial I-15 in the heart of Las Vegas’s premier industrial corridor
- Exceptional Rent Growth - High rent growth market — Average annual rent growth of 10.5% since 2020
- Ideal Size Range - Vacancy in the the Sub 200K SF size range (3.4%) is 290 bps tighter than the market average
- Mission Critical - Vesta warehouses and distributes food products to its clients on the Las Vegas strip
- Strong North Las Vegas Demand - The submarket recorded 70% of Las Vegas net absorption YTD (1.6 MSF)
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
I-15 North Distribution Center III
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Distribution
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
UTILITIES
Water, Sewer
CLEAR CEILING HT
32 Ft
DOCKS
56
DRIVE INS
6
PARKING SPACES
222
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
140-08-401-020
