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1011 E Alexander Ave 45,000 SF Industrial Building North Las Vegas, NV 89030 $18,500,000 ($411.11/SF) 7.92% Cap Rate
Investment Highlights
- FOR SALE - Leased Investment With Upside!
- ±45,000 SF Industrial space on ±9.04 acres
- Completely Renovated (Interior and Exterior) in 2022
- SALE PRICE : $18,500,000 | PRO-FORMA CAP RATE : 7.92% | PRO-FORMA NOI : $1,465,256
- Located near Craig Road and 5th Street
- Paved, gated and fenced yard with ±50,000 SF concrete loading platform
Executive Summary
FOR SALE - Leased Investment With Upside!
±45,000 SF Industrial Building on ±9.04 ACRES of M-2 Zoned Land
Completely renovated in 2022, 1011 E. Alexander Road features block and metal construction. The property is currently leased to Dune Opco LLC, a marijuana cultivation operator who has been in operation since 2021. Attractive Conventional Financing Available.
For more information or to schedule a tour please contact Dean Willmore at 702-369-4808 or Lauren Willmore at 702-369-4825.
±45,000 SF Industrial Building on ±9.04 ACRES of M-2 Zoned Land
Completely renovated in 2022, 1011 E. Alexander Road features block and metal construction. The property is currently leased to Dune Opco LLC, a marijuana cultivation operator who has been in operation since 2021. Attractive Conventional Financing Available.
For more information or to schedule a tour please contact Dean Willmore at 702-369-4808 or Lauren Willmore at 702-369-4825.
Property Facts
| Price | $18,500,000 | Rentable Building Area | 45,000 SF |
| Price Per SF | $411.11 | No. Stories | 1 |
| Sale Type | Investment | Year Built/Renovated | 1997/2022 |
| Cap Rate | 7.92% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.89/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 25’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 9 |
| Lot Size | 9.04 AC | ||
| Zoning | M-2 - M-2 | ||
| Price | $18,500,000 |
| Price Per SF | $411.11 |
| Sale Type | Investment |
| Cap Rate | 7.92% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 9.04 AC |
| Rentable Building Area | 45,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1997/2022 |
| Tenancy | Single |
| Parking Ratio | 0.89/1,000 SF |
| Clear Ceiling Height | 25’ |
| No. Drive In / Grade-Level Doors | 9 |
| Zoning | M-2 - M-2 |
Amenities
- 24 Hour Access
- Fenced Lot
- Signage
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Dune Operating Holdings
- Manufacturing
- -
-
$9.99
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Lorem Ipsum
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Jan 0000
- High Impact Sign & Design, LLC
- Transportation and Warehousing
- -
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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 | |
| Dune Operating Holdings | Manufacturing | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| High Impact Sign & Design, LLC | Transportation and Warehousing | - | $9.99 | Lorem Ipsum | Jan 0000 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 139-11-102-001 | Improvements Assessment | $1,453,080 |
| Land Assessment | $1,670,423 | Total Assessment | $3,123,503 |
Property Taxes
Parcel Number
139-11-102-001
Land Assessment
$1,670,423
Improvements Assessment
$1,453,080
Total Assessment
$3,123,503
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1011 E Alexander Ave
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