5990 S Buffalo Dr - Warehouse FOR SALE


Las Vegas, NV 89113- Spring Valley
$22,000,000 USD
702-221-2500
5990 S Buffalo Dr, Las Vegas, NV for Sale
$22,000,000 USD
Warehouse - FOR SALE
1/18
null | 6% Cap Rate

5990 S Buffalo Dr
Las Vegas, NV 89113
Spring Valley


OVERVIEW

PLEASE DO NOT DISTURB TENANT**** Exclusive Offering: New NNN Investment Property Now Available This offering presents a rare opportunity to acquire a newly listed, stabilized net-leased investment property in the desirable Las Vegas, Nevada market. The property is fully leased to Southwest Specialty Contractors on a long-term, triple-net lease, providing a secure and predictable income stream. Financial Highlights: Net Operating Income (NOI): $1,320,000 Capitalization Rate: 6% Asking Price: $22,000,000 Lease Term: 15-year leaseback with three (3) five-year renewal options. Tenant Overview: Tenant: Southwest Specialty Contractors (https://www.swscontractors.com/projects) Tenant Profile: Southwest Specialty Contractors is a leading specialty subcontractor known for exceptional customer service, a wide range of expertise, unparalleled experience, and a dedicated team. They pride themselves on delivering high-quality products and prioritizing customer satisfaction. Their project portfolio showcases their diverse capabilities and strong presence in the construction industry. Projects: Allegiant Stadium, Apple Store, Las Vegas Ballpark, Amazon Distribution Center, Facebook, Table Moutain Casino, Raiders Healthcare Performance Center, Circa, and many more. Please visit their website for a detailed list of projects. Property Highlights: Address: 5990 S Buffalo Drive, Las Vegas, NV 89113 Zoning: IP - Industrial Park Property Size: 2.23 acres

FOR SALE DETAILS

PRICE

$22,000,000 USD

PRICE/SF

$606 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5990 S Buffalo Dr

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, undefined, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2019

UTILITIES

Lighting, Water, Sewer, Heating

CLEAR CEILING HT

23.75 Ft

DOCKS

1

DRIVE INS

2

PARKING SPACES

111

LAND DETAILS

LAND ACRES

2.23

LAND SF

97,139

ZONING

C2

APN/PARCEL ID

163-34-201-027

ASK ABOUT THIS PROPERTY

Araceli CampanellaNewmarket Commercial Real Estate AdvisorsMore Info
702-221-2500

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Araceli CampanellaNewmarket Commercial Real Estate AdvisorsMore Info
702-221-2500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.