For Sale
$3,700,000
125 Corporate Park Dr Henderson, NV 89074
High-yield Nevada industrial distribution center
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Class A, 12,320-square-foot distribution center in Henderson, NV.
- Single-story building on a 0.82-acre lot, built in 2004, with 22-foot ceilings.
- 100% occupied by a single tenant under a NNN lease with corporate guarantee, expiring March 1, 2034 (9-year term with annual renewals).
- Two loading docks, two dock-high doors, and ample parking (1.64 spaces/1,000 sq ft).
- Asking price: $3,700,000; current cap rate: 4.71%; pro-forma cap rate: 5.34%; NOI: $174,270 (current); $197,412 (pro-forma).
- I-G zoning; land value: $301/sq ft.
Property Details for 125 Corporate Park Dr
- Property type
- Industrial properties, Distribution centers
- Square Feet
- 12,320 SF
- Class
- A
- Year Built
- 2004
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 35,719 SF
Location Insight
- City
- Henderson
- County
- Clark
- State
- Nevada
- Latitude
- 36.037495327597
- Longitude
- -115.03425430074
Nearby Similar for Sale
FAQs
- What type of property is this?
- Industrial property - High-yield Nevada industrial distribution center
- Where is the industrial property located?
- The property is located at 125 Corporate Park Dr Henderson, NV.
- What is the asking price?
- The asking price for this property is $3,700,000.
- What are key features of this property?
- This property features: Class A, 12,320-square-foot distribution center in Henderson, NV.; Single-story building on a 0.82-acre lot, built in 2004, with 22-foot ceilings.; 100% occupied by a single tenant under a NNN lease with corporate guarantee, expiring March 1, 2034 (9-year term with annual renewals).
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