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2631 S Highland Dr 30,000 SF 100% Leased Industrial Building Las Vegas, NV 89109 $7,244,475 CAD ($241.48 CAD/SF)



Executive Summary
Cushman & Wakefield is pleased to present a single-building acquisition opportunity at Midtown Commerce Center, totaling ±30,000 square feet in the heart of Las Vegas. The property offers a flexible industrial configuration well-suited for investors seeking stable cash flow or an owner/user pursuing a centrally located operational headquarters.
Strategically positioned with strong visibility and immediate access to the I-15 corridor and Sahara Avenue, the building is minutes from Las Vegas Strip, Downtown Las Vegas, and Harry Reid International Airport—placing it within one of the most connected and supply-constrained submarkets in the valley.
Surrounded by a dense concentration of established industrial owner/users, the property benefits from strong underlying fundamentals and long-term demand drivers. Originally configured as traditional industrial product, the building has been adapted to accommodate creative and flex users, attracting tenants in the digital, technology, and entertainment sectors seeking functional space with character.
With limited developable land remaining in the immediate area and minimal competing inventory, the asset is well positioned to capitalize on continued tenant demand, rental growth, and long-term appreciation. The property also presents future repositioning or redevelopment potential, offering strategic optionality for both investors and owner/users.
Strategically positioned with strong visibility and immediate access to the I-15 corridor and Sahara Avenue, the building is minutes from Las Vegas Strip, Downtown Las Vegas, and Harry Reid International Airport—placing it within one of the most connected and supply-constrained submarkets in the valley.
Surrounded by a dense concentration of established industrial owner/users, the property benefits from strong underlying fundamentals and long-term demand drivers. Originally configured as traditional industrial product, the building has been adapted to accommodate creative and flex users, attracting tenants in the digital, technology, and entertainment sectors seeking functional space with character.
With limited developable land remaining in the immediate area and minimal competing inventory, the asset is well positioned to capitalize on continued tenant demand, rental growth, and long-term appreciation. The property also presents future repositioning or redevelopment potential, offering strategic optionality for both investors and owner/users.
Property Facts Under Contract
| Price | $7,244,475 CAD | No. Stories | 1 |
| Price Per SF | $241.48 CAD | Year Built/Renovated | 1975/1998 |
| Sale Type | Investment | Parking Ratio | 0.17/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 24’ |
| Property Subtype | Manufacturing | No. Dock-High Doors/Loading | 1 |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.82 AC | Cross Streets | Precidio |
| Rentable Building Area | 30,000 SF | Opportunity Zone |
Yes
|
| Zoning | M | ||
| Price | $7,244,475 CAD |
| Price Per SF | $241.48 CAD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.82 AC |
| Rentable Building Area | 30,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1975/1998 |
| Parking Ratio | 0.17/1,000 SF |
| Clear Ceiling Height | 24’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 2 |
| Cross Streets | Precidio |
| Opportunity Zone |
Yes |
| Zoning | M |
Amenities
- Bus Line
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $524,035 CAD | |
| Land Assessment | $343,470 CAD | Total Assessment | $867,507 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$343,470 CAD
Improvements Assessment
$524,035 CAD
Total Assessment
$867,507 CAD
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2631 S Highland Dr
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