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5860-5880 S Valley View Blvd

15,632 SF 100% Leased Industrial Building Las Vegas, NV 89118 £3,578,814 (£229/SF) 3.46% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • Located within the proposed "Stadium District"

EXECUTIVE SUMMARY

Excellent opportunity to own 2 freestanding buildings within 0.4 miles of Allegiant stadium and inside the proposed "Stadium District". 5860 is 10,632 SF with high ceilings and ground level roll-up door. 5880 is 5000 SF, with 2 ground level roll-up doors and two entrances making easily divisible into two units. Both units have direct access to Valley View Blvd and not only has street frontage but also a pylon sign. With the proposed new commercial tourism zoning, both buildings can be converted to restaurant, retail, or office.

PROPERTY FACTS

Price £3,578,814
Price Per SF £229
Sale Type Investment or Owner User
Net Initial Yield 3.46%
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 0.51 AC
Rentable Building Area 15,632 SF
Number of Floors 1
Year Built 1994
Parking Ratio 1.47/1,000 SF
Clear Ceiling Height 18 ft
Level Access Doors 3
Opportunity Zone Yes

AMENITIES

  • Bus Route
  • Signage

UTILITIES

  • Lighting
  • Water
  • Sewer
  • Heating

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Warrior Wraps LLC
  • Manufacturing
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Warrior Wraps LLC Manufacturing 99,999 SF - Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
162-32-101-026
Land Assessment
£160,634
Improvements Assessment
£309,866
Total Assessment
£470,499

ZONING

Zoning Code M-1, County
M-1, County
  • Listing ID: 34075552

  • Date on Market: 04/12/2024

  • Last Updated:

  • Address: 5860-5880 S Valley View Blvd, Las Vegas, NV 89118

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