7350 Prairie Falcon Rd
Las Vegas, NV 89128
Industrial Property For Sale
Investment Highlights
- Three Long Term Leases with national credit and strong seasoned operators
- Quick access to the I-95 freeway and strong surrounding demographics
- Weighted Average Lease Length (WALL) of 9.2 years
- Below replacement cost at $122/sf
Property Facts
| Property Type | Industrial | Year Built | 2000 |
| Property Subtype | Warehouse | Parking Ratio | 1.19/1,000 SF |
| Building Class | A | Clear Ceiling Height | 26’ |
| Lot Size | 7.40 AC | No. Dock-High Doors/Loading | 9 |
| Rentable Building Area | 145,775 SF | No. Drive In / Grade-Level Doors | 3 |
| No. Stories | 1 | ||
| Zoning | C-PB - Planned Business Park | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | A |
| Lot Size | 7.40 AC |
| Rentable Building Area | 145,775 SF |
| No. Stories | 1 |
| Year Built | 2000 |
| Parking Ratio | 1.19/1,000 SF |
| Clear Ceiling Height | 26’ |
| No. Dock-High Doors/Loading | 9 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | C-PB - Planned Business Park |
Amenities
- Signage
Utilities
- Lighting - Halide
- Gas
- Water - City
- Sewer - City
- Heating - Gas
About 7350 PRAIRIE FALCON RD , LAS VEGAS, NV 89128
Cardo Realty is pleased to present for acquisition a best in class, multi-tenant NNN leased industrial investment offering a quality tenant mix, prime location, and unbeatable value. Three Long Term Leases with Quality Tenants The property consists of a 143,910 SF freestanding multi-tenant industrial building with rents at or below market, an Weighted Average Lease Length (WALL) of 9.2 years, comprised of national credit and strong seasoned operators. Prime Location The property benefits from both quick access to the I-95 freeway and strong surrounding demographics. The property draws both employment and patrons from Summerlin, one of the nations premier master planned communities, as well as surrounding submarkets due to its central location and quick access off the freeway. Below Replacement Cost and Value Add The property is priced well below replacement cost at $122/sf, especially when compared to other industrial properties in Las Vegas which are selling at $150/sf - $180sf for unnoccupied buildings.
Property Taxes
| Parcel Number | 138-15-310-048 | Improvements Assessment | $2,251,211 |
| Land Assessment | $1,883,536 | Total Assessment | $4,134,747 |
Property Taxes
