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Owner-User Industrial With Income | Flex Offi 3375 Aldebaran Ave 11,380 SF 88% Leased Flex Building Las Vegas, NV 89102 $3,500,000 ($307.56/SF) 6.04% Cap Rate

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Investment Highlights

  • ±20’ clear height warehouse with 3 grade-level doors
  • Prime West Central location with quick access to I-15, I-215, Desert Inn & Valley View
  • Positioned in high-growth corridor benefiting from Brightline West & major development activity
  • Modern office build-out – private offices, conference room, kitchen, 8 restrooms
  • Minutes to Chinatown corridor & Las Vegas Strip

Executive Summary

3375 Aldebaran Avenue, an exceptional ±11,380 SF flex-office-warehouse property positioned in the thriving West Central Las Vegas submarket. This two-story building sits on ±0.45 acres with Industrial (M-1) zoning, offering unparalleled flexibility for investors and owner-users alike. The property features modern office space with multiple private offices, conference facilities, kitchen, and eight restrooms, plus warehouse space with three grade-level doors, evaporative cooling, and ±20' clear heights. Currently, nearly 90% leased with ±50% leased to Outfront Media (NYSE: OUT), this asset delivers immediate cash flow with significant upside potential.

Property Facts

Price $3,500,000
Price Per SF $307.56
Sale Type Investment
Cap Rate 6.04%
Property Type
Flex
  • Flex Light Manufacturing
  • Industrial Warehouse
  • FlexLight Distribution
Building Class C
Lot Size 0.45 AC
Rentable Building Area 11,380 SF
No. Stories 2
Year Built 1987
Parking Ratio 1.85/1,000 SF
Clear Ceiling Height 20’
Cross Streets Pinks
Opportunity Zone Yes
Zoning M-1, County - M-1 Light Manufacturing District, Industrial Office

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • OutFront Media
  • Services
  • 7,038 SF
  • $1.80
  • Modified Gross
  • -
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
OutFront Media Services 7,038 SF $1.80 Modified Gross -

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 1,333 SF
  • Office
  • Full Build-Out
  • Now

Dedicated 2-story office suite, with multiple private offices, an open work area, a conference room, and two restrooms. Modern finishes throughout. Perfect for professional office services, administrative headquarters, or creative agencies. Ample natural light. Convenient access to I-15, major corridors, and the Strip. Zoned IL, this site offers flexibility for both owner-users and investors within an Opportunity Zone. OPTION TO PURCHASE AVAILABLE! Property Overview • Total Lot Size: 19,775 SF (0.454 acres) • Total Building Size: 11,3800 SF • Zoning: IL (Industrial – Light) • Year Built: 1990 • Opportunity Zone: Yes • Building Count: 1 stand-alone industrial building

Space Size Space Use Condition Available
1st Floor 1,333 SF Office Full Build-Out Now

1st Floor

Size
1,333 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size 1,333 SF
Space Use Office
Condition Full Build-Out
Available Now

Dedicated 2-story office suite, with multiple private offices, an open work area, a conference room, and two restrooms. Modern finishes throughout. Perfect for professional office services, administrative headquarters, or creative agencies. Ample natural light. Convenient access to I-15, major corridors, and the Strip. Zoned IL, this site offers flexibility for both owner-users and investors within an Opportunity Zone. OPTION TO PURCHASE AVAILABLE! Property Overview • Total Lot Size: 19,775 SF (0.454 acres) • Total Building Size: 11,3800 SF • Zoning: IL (Industrial – Light) • Year Built: 1990 • Opportunity Zone: Yes • Building Count: 1 stand-alone industrial building

Property Taxes

Property Taxes

Parcel Number
162-17-110-018
Land Assessment
$90,904
Improvements Assessment
$166,040
Total Assessment
$256,944
  • Listing ID: 39422917

  • Date on Market: 2/12/2026

  • Last Updated:

  • Address: 3375 Aldebaran Ave, Las Vegas, NV 89102

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