702-605-1620
600 E Cheyenne Ave, North Las Vegas, NV for Sale
Warehouse - FOR SALE
1/4
null | 6.56% Cap Rate

600 E Cheyenne Ave
North Las Vegas, NV 89030


HIGHLIGHTS

  • Leased to single tenant that has occupied the property for over 10 years.
  • Current NOI of $557,399 with a lease expiration of March 31, 2029.
  • Large secured yard component
  • Frontage on Cheyenne Avenue and the property is 0.5 miles from I-15.
  • Recent improvements: LED lighting upgrade (2023), roof replacement (2021), and asphalt resealed (2023).
  • Additional billboard income not included in Net Operating Income.

OVERVIEW

This offering provides a rare opportunity to acquire a ±43,822 SF single tenant industrial property leased to Berger Transfer and Storage through March 31, 2029. Situated in the highly desirable North Las Vegas submarket, the property offers superior connectivity to I-15 via Cheyenne Avenue and is a short drive from the Las Vegas Strip and Harry Reid International Airport. The combination of a highly functional layout and hard-to-find yard component ensures that the property will remain a scare and in-demand asset long term.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

6.56%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

UTILITIES

-

CLEAR CEILING HT

27 Ft

DOCKS

9

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.41

LAND SF

148,540

ZONING

M-2, North Las Vegas

APN/PARCEL ID

139-11-401-003

ASK ABOUT THIS PROPERTY

Nick AbrahamCushman & WakefieldMore Info
702-605-1620

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Nick AbrahamCushman & WakefieldMore Info
702-605-1620

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