Spencer Airport Center — Sale in Las Vegas, NV

  • Price: $4M
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Las Vegas, NV 89119

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Spencer Airport Center — Sale in Las Vegas, NV, photo 1 of 1

Description

±17,910 SF For Sale | Investment Opportunity CBRE, Inc. is pleased to present an opportunity to acquire a single-tenant NNN investment located in the desirable Airport Industrial submarket of Las Vegas, one of the top performing submarkets in Las Vegas. The offering consists of a 100% leased 17,910 SF flex/industrial building leased to a subsidiary of Lamar Media Corp., who has been an occupant of the building since 1999. The space includes ±6,454 SF of office, (2) grade level doors, (1) dock high door, 24' clear height, and 800 amps, 120/208 volt, 4-wire, 3-phase power. Financial Summary: Purchase Price:             $3,950,000.00 Year 1 NOI (8/1/26-7/31/31):  $225,971.08 Year 1 Cap Rate:            5.72% Lease Term:                5 Years (8/1/2026-7/31/2031) Base Rent Escalations:        3% Annually

Market Context

This industrial in Las Vegas, NV is listed for sale at $3,950,000. Compare it against other industrial listings for sale in Las Vegas, NV — view the full market.

As of Q2 2026, the Las Vegas industrial market showed rents up 14.0% year over year. Source: multiple brokerage reports, Q2 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

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