North Las Vegas Portfolio of properties for Sale
SINGLE-TENANT NNN LEASE | IOS + INDUSTRIAL WAREHOUSES IN NORTH LAS VEGAS, NV
* Purpose-Built Asset | Two freestanding buildings situated on ±3.4 acres of paved, secure yard located in North Las Vegas, Nevada. One building is a 4,500 square foot office space. The other building is a 10,000 square foot clear span warehouse. The site also includes a 6,000 square foot covered and sprinklered storage area.
* Long-Term Tenancy | This highly functional industrial campus has been home to Core & Main (NYSE: CNM) since 1989. The strategic location gives the tenant access to clients in Southern Nevada and Southern Utah.
* Bonus Depreciation Advantage | Given the new tax legislation passed July 2025, new ownership has the opportunity to accelerate the depreciation deduction in the first year of ownership, which would provide significant upfront tax savings and improve cash flow. CBRE’s Cost Segregation Analysis estimates that such Year 1 deduction could total as much as ±$1.3 million with this acquisition.
COMPELLING MARKET FUNDAMENTALS WITH STRONG PROJECTED GROWTH
* The Las Vegas industrial market ended Q4 2025 with 2.5 million sq. ft. of direct positive net absorption, marking its strongest quarterly performance since Q4 2023 and contributing to 5.1 million sq. ft. of total annual absorption, a 60% increase year-over-year. This acceleration reflects a clear rebound in tenant demand as users increasingly backfill previously vacant space and expand operations in core logistics submarkets.
* The North Las Vegas submarket, which houses the subject property, recorded some of the strongest leasing activity in the region, accounting for approximately 40% of all Q4 2025 lease volume, reaffirming North Las Vegas’ position as one of the most active and in-demand industrial corridors in the metro area.
* Overall, Las Vegas remains one of the most resilient and strategically located industrial hubs in the Southwest. The combination of strengthening absorption, stabilizing vacancy, moderated new supply, and robust demand from logistics, distribution, and manufacturing sectors underscores the market’s strong growth trajectory and continued appeal to investors and occupiers alike.
IRREPLACEABLE LOCATION WITH EXCESS PAVED SECURE YARD
* Within a ±0.5 mile drive the Interstate-15 Interchange is accessible via Cheyenne Avenue. The Interstate-15 allows direct access to Southern California and Utah.
* Direct access to North 5th Street and Losee Road gives this site superior access to newly improved arterials.
* Tax Advantages in Nevada include: No corporate income tax, personal income tax, franchise tax on income, inventory tax, inheritance or gift tax, unitary tax or estate tax.
