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Investment Highlights

  • Longterm Lease
  • 14% Building Coverage
  • Southwest Las Vegas Submarket
  • New Roof, New HVAC, Interior Paint, flooring etc.

Executive Summary

Rare opportunity to acquire a true NNN investment property within the Stadium District of the Las Vegas Southwest Submarket. IOS property, occupied by 2 tenants.
7 Year Term
4% Annual Increases
New Roof (2025)
New HVAC system (2025)
New Paint, Flooring and Lighting throughout (2025/2026)

Property Facts

Price $5,538,462
Price Per SF $593.11
Sale Type Investment NNN
Cap Rate 6.50%
Property Type Industrial
Building Class C
Lot Size 0.77 AC
Rentable Building Area 9,338 SF
No. Stories 1
Year Built/Renovated 1998/2003
Opportunity Zone Yes
Zoning M1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
162-31-611-010
Land Assessment
$181,960
Improvements Assessment
$0
Total Assessment
$181,960
  • Listing ID: 40209764

  • Date on Market: 4/19/2026

  • Last Updated:

  • Address: 4023 Ponderosa Way, Las Vegas, NV 89118

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