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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.

Property Facts Under Contract

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
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 162-09-110-013
  • 162-09-110-012
Land Assessment
$343,470 CAD
Improvements Assessment
$524,035 CAD
Total Assessment
$867,507 CAD
  • Listing ID: 39769446

  • Date on Market: 2026-03-13

  • Last Updated:

  • Address: 2631 S Highland Dr, Las Vegas, NV 89109

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