Overview

Highlights

• Strategic Southwest/Central West submarket Location - Location near signalized Tropicana/Valley View exit with proximity to redesigned Tropicana/I-15 Interchange and I-215 freeway, Harmon/Valley View Interconnector for direct Las Vegas Strip access, and uses such as LAS Airport, Allegiant Stadium, T-Mobile Arena, and future Las Vegas A's MLB stadium
• Rare Excess Yard with Flexible Loading Options - Property provides secured concrete yard and parking of 1/2 acre (33% coverage), two 14' x 12' grade level doors, dock well with load leveler, and potential for additional grade level door
• Clear Span Interior For Flexible Storage - With +/-55' clear span, no column supports, 16' clear height, interior of property provides ability for variety of racking layouts and flow patterns within warehouse while offering covered +/-1,650sf canopy area for additional protected storage
• Existing Absolute Net Lease Provides Interim Income - Existing Absolute Net Tenant lease expiring 3/31/25 provides interim income to offset design and permitting time after acquisition thereby reducing Owner initial carry-cost
• Potential Availability of Low-Cost SBA Financing - Prospective purchaser can benefit from low-cost SBA financing options which only require 10% down payment and offer favorable low-interest fixed rates that typically reduce occupancy cost by up to 25% over lease costs

Description

Lee & Associates is pleased to exclusively offer this freestanding +/-10,505sf industrial flex building with +/-1/2 acre of secured yard/parking For Sale/For Lease. The rarity of this freestanding building with excess concrete paved yard space, flexible loading options with both grade and dock well, and quasi-private street access allowing for additional on street parking and at end of street in front of property provide a unique opportunity for a tenant or owner/user. Further a prospective purchaser can benefit from low-cost SBA financing options which may significantly reduce occupancy costs and protect from increasing rents.

Location

Centrally situated in the Las Vegas market at the border between the Southwest and Central West submarkets, with a location west of Strip at Tropicana/Valley View allowing for easy Strip access via Tropicana or Harmon/Valley View Interconnector, easy access to I-15/215, and close proximity to Allegiant Stadium, LAS Airport, Las Vegas Convention Center and other nearby amenities.

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