SRS Real Estate Partners, LLC is pleased to offer the opportunity to acquire a NNN leased, newly constructed, 35,000 square foot industrial warehouse, part of a larger 56,500 square foot free standing industrial building, located in the BLAK Cheyenne Industrial Park in North Las Vegas, NV (Las Vegas MSA). The tenant, Reece Supply, LLC, a wholly owned subsidiary of publicly owned Reece Limited ($9+ billion revenue FY24) recently signed a brand new 18-year lease with 2 (5-year) options, demonstrating their commitment to the site. The lease features attractive 5% rental increases every three years, steadily growing NOI and hedging against inflation. The lease is corporate guaranteed by Reece Inc. and is NNN with minimal landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor. The building is a class A facility with substantial tenant improvements, brand new state-of-the-art, concrete tilt-up construction, with modern amenities and design.