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2017 W Gowan Rd 18,572 SF Industrial Building North Las Vegas, NV 89032 $3,700,000 ($199.22/SF) 5.37% Cap Rate
Investment Highlights
- 18,572 SF Free-standing single tenant industrial building
- Zoned M-2
- Tenant willing to vacate for Owner User Purchase
- Private Yard
- 100% Occupied Investment Opportunity
- The location is ±3.7 miles to the North Las Vegas Airport, ±4.9 miles to the I-11 Freeway, and ±3.1 miles to the I-15 Freeway
Executive Summary
2017 W. Gowan Road is a free-standing single tenant industrial building, situated within the North Las Vegas submarket. The building totals ±18,572 square feet consisting of ±1,128 square feet of office space with a lobby area, three (3) private offices, and three (3) restrooms. The remaining ±17,444 square feet is warehouse space, ideal for manufacturing, light storage, or auto uses. The property has three (3) exterior grade level loading doors; two (2) front loading and one (1) on the side of the building, opening to the private yard space consisting of ±8,500 SF. 100% Occupied Investment Opportunity or Tenant willing to vacate for Owner User Purchase.
The Property is located in the North Las Vegas submarket near W. Gowan Road and Clayton Street, near West Cheyenne Ave. The location is ±3.7 miles to the North Las Vegas Airport, ±4.9 miles to the I-11 Freeway, and ±3.1 miles to the I-15 Freeway. The property is surrounded by residential planned neighborhoods and plenty of retail amenities such as McDonalds, The Home Depot, Grocery Outlet, Walmart, Chick-fil-A, Shake Shack, and Starbucks.
The Property is located in the North Las Vegas submarket near W. Gowan Road and Clayton Street, near West Cheyenne Ave. The location is ±3.7 miles to the North Las Vegas Airport, ±4.9 miles to the I-11 Freeway, and ±3.1 miles to the I-15 Freeway. The property is surrounded by residential planned neighborhoods and plenty of retail amenities such as McDonalds, The Home Depot, Grocery Outlet, Walmart, Chick-fil-A, Shake Shack, and Starbucks.
Property Facts
| Price | $3,700,000 | Rentable Building Area | 18,572 SF |
| Price Per SF | $199.22 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1984 |
| Cap Rate | 5.37% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.18/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 18’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 0.87 AC | ||
| Zoning | M-2, North Las Vegas - General Industrial | ||
| Price | $3,700,000 |
| Price Per SF | $199.22 |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.37% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.87 AC |
| Rentable Building Area | 18,572 SF |
| No. Stories | 1 |
| Year Built | 1984 |
| Tenancy | Single |
| Parking Ratio | 1.18/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | M-2, North Las Vegas - General Industrial |
Amenities
- 24 Hour Access
- Signage
- Skylights
- Storage Space
- Air Conditioning
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Botero Carts
- Retailer
- 18,572 SF
- $0.89
- Triple Net
- Sep 2029
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Botero Carts | Retailer | 18,572 SF | $0.89 | Triple Net | Sep 2029 |
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Fairly walkable
50/100
Moderately drivable
70/100
Minimal public transit
10/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 139-08-701-005 | Improvements Assessment | $176,337 |
| Land Assessment | $122,691 | Total Assessment | $299,028 |
Property Taxes
Parcel Number
139-08-701-005
Land Assessment
$122,691
Improvements Assessment
$176,337
Total Assessment
$299,028
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