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INVESTMENT HIGHLIGHTS
- STABILIZED, INCOME-PRODUCING INDUSTRIAL ASSET
- SIGNIFICANT CAPITAL IMPROVEMENTS, OVER $10.5M
- PREMIER INFILL LOCATION – LAS VEGAS AIRPORT SUBMARKET
- INSTITUTIONAL-QUALITY CONSTRUCTION & SITE
- TENANT STRENGTH & COMMITMENT
EXECUTIVE SUMMARY
STABILIZED, INCOME-PRODUCING INDUSTRIAL ASSET
* 100% Leased to Las Vegas Expo, Inc., a well-established exposition and logistics company.
* ±7.3 Years of Remaining Lease Term with 3% annual rent escalations, providing predictable and growing cash flow.
* Triple Net (NNN) Lease Structure ensures minimal landlord responsibilities and stable net operating income.
INSTITUTIONAL-QUALITY CONSTRUCTION & SITE
* ±142,000 SF industrial facility on 7.09 acres with concrete tilt-up construction.
* New office build out: 1st Floor: 11,572 SF and 2nd Floor: 16,291 SF.
* 28’–32’ clear heights, ESFR sprinklers, and heavy power availability.
* Ample parking with 114 auto spaces and 3 trailer stalls.
SIGNIFICANT CAPITAL IMPROVEMENTS
* Over $10.5 million in recent renovations, including: New office buildout (±27,863 SF); 13 new dock-high doors (total of 18); New HVAC systems (9 new + 10 existing units); Exterior façade upgrades and painting.
TENANT STRENGTH & COMMITMENT
* Las Vegas Expo, Inc. has been in business since 1994 and is a major player in the exposition and logistics industry.
* The tenant has invested in the property and accepted assignment of key equipment (chillers, boilers, backup systems), indicating long-term operational commitment.
PREMIER INFILL LOCATION – LAS VEGAS AIRPORT SUBMARKET
* Located just 2.9 miles from Harry Reid International Airport, with direct access to I-215 and I-515.
* Situated in the Airport submarket, one of Las Vegas’ top-performing industrial submarkets, with a low 4.0% vacancy rate and limited new supply.
* 100% Leased to Las Vegas Expo, Inc., a well-established exposition and logistics company.
* ±7.3 Years of Remaining Lease Term with 3% annual rent escalations, providing predictable and growing cash flow.
* Triple Net (NNN) Lease Structure ensures minimal landlord responsibilities and stable net operating income.
INSTITUTIONAL-QUALITY CONSTRUCTION & SITE
* ±142,000 SF industrial facility on 7.09 acres with concrete tilt-up construction.
* New office build out: 1st Floor: 11,572 SF and 2nd Floor: 16,291 SF.
* 28’–32’ clear heights, ESFR sprinklers, and heavy power availability.
* Ample parking with 114 auto spaces and 3 trailer stalls.
SIGNIFICANT CAPITAL IMPROVEMENTS
* Over $10.5 million in recent renovations, including: New office buildout (±27,863 SF); 13 new dock-high doors (total of 18); New HVAC systems (9 new + 10 existing units); Exterior façade upgrades and painting.
TENANT STRENGTH & COMMITMENT
* Las Vegas Expo, Inc. has been in business since 1994 and is a major player in the exposition and logistics industry.
* The tenant has invested in the property and accepted assignment of key equipment (chillers, boilers, backup systems), indicating long-term operational commitment.
PREMIER INFILL LOCATION – LAS VEGAS AIRPORT SUBMARKET
* Located just 2.9 miles from Harry Reid International Airport, with direct access to I-215 and I-515.
* Situated in the Airport submarket, one of Las Vegas’ top-performing industrial submarkets, with a low 4.0% vacancy rate and limited new supply.
PROPERTY FACTS
| Sale Type | Investment | Year Built/Renovated | 1995/2022 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Service | Parking Ratio | 4.14/1,000 SF |
| Building Class | A | Clear Ceiling Height | 32’ |
| Lot Size | 5.43 AC | No. Dock-High Doors/Loading | 5 |
| Rentable Building Area | 142,000 SF | No. Drive In / Grade-Level Doors | 2 |
| No. Stories | 2 | ||
| Zoning | M-D - Manufacturing | ||
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | A |
| Lot Size | 5.43 AC |
| Rentable Building Area | 142,000 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1995/2022 |
| Tenancy | Single |
| Parking Ratio | 4.14/1,000 SF |
| Clear Ceiling Height | 32’ |
| No. Dock-High Doors/Loading | 5 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | M-D - Manufacturing |
AMENITIES
- Bus Line
- Fenced Lot
- Security System
- Skylights
- Yard
- Air Conditioning
UTILITIES
- Lighting - Metal Halide
- Gas
- Water
- Sewer
- Heating
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- LV Expo
- Arts, Entertainment, and Recreation
- -
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$9.99
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Lorem Ipsum
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Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| LV Expo | Arts, Entertainment, and Recreation | - | $9.99 | Lorem Ipsum | Jan 0000 |
Walk Score®
Very Walkable (70)
PROPERTY TAXES
| Parcel Number | 161-31-712-003 | Improvements Assessment | $147,930 CAD |
| Land Assessment | $1,627,586 CAD | Total Assessment | $1,775,516 CAD |
PROPERTY TAXES
Parcel Number
161-31-712-003
Land Assessment
$1,627,586 CAD
Improvements Assessment
$147,930 CAD
Total Assessment
$1,775,516 CAD
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