Spencer Airport Center — Sale in Las Vegas, NV
- Price: $4M
- Listing type: For sale
- Asset type: Business
- Location: Las Vegas, NV 89119
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 commercial property in Las Vegas, NV is listed for sale at $3,950,000. It has been on the market for 13 days. Compare it against other commercial property listings for sale in Las Vegas, NV — view the full market.
Contact
- Sean Zaher, SIOR · 702 369 4863 · sean.zaher@cbre.com
- Kevin Higgins · 702 369 4944 · kevin.j.higgins@cbre.com
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