3630 S Highland Dr - Warehouse FOR SALE


Las Vegas, NV 89103- Chinatown
$5,983,000 USD
702-405-1720
3630 S Highland Dr, Las Vegas, NV for Sale
$5,983,000 USD
Warehouse - FOR SALE
1/8
null | Request Cap Rate

3630 S Highland Dr
Las Vegas, NV 89103
Chinatown


HIGHLIGHTS

  • Rare opportunity to purchase building with large yard component in Central / Southwest submarket
  • Special Use Permit application in process
  • Future redevelopment potential
  • Located in the heart of the Chinatown redevelopment district and adjacent to strip corridor
  • Immediate access to I-15 and Spring Mountain Interchange
  • Adjacent to potential NBA expansion team arena

OVERVIEW

3630 Highland is a ±7,520 SF Industrial Building on 2.03 Acres. Newmark is pleased to present a rare opportunity to acquire an industrial property with excess land in the Central/Southwest Las Vegas submarket. The offering is comprised of eight separate parcels totaling 4.99 acres, providing exceptional flexibility for buyers to acquire individual parcels, select combinations, or the entire site. The location delivers unmatched access to both the Las Vegas Strip corridor and the I-15 Freeway. The Seller has commenced the Special Use Permit (SUP) application process for all parcels, which will authorize outdoor storage and introduce additional industrial uses. Positioned within a high-growth area of the city, the site also offers the optionality of redevelopment into alternative uses. The subject properties reside in the heart of the Chinatown redevelopment district and is adjacent to several major planned or ongoing projects, including The Boring Company’s proposed Chinatown Loop Station, Fore Property Co.’s mixed-use commercial development, and the potential future site of an NBA expansion arena.

FOR SALE DETAILS

PRICE

$5,983,000 USD

PRICE/SF

$796 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Spring Mountain Highlands

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

10

LAND DETAILS

LAND ACRES

2.03

LAND SF

88,427

ZONING

Commercial Resort (CR)

APN/PARCEL ID

162-17-203-006,162-17-203-007,162-17-203-008

ASK ABOUT THIS PROPERTY

Zac ZaherNewmarkMore Info
702-405-1720

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Zac ZaherNewmarkMore Info
702-405-1720

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.