4150 Lamb BlvdLas Vegas, NV 89115

This exceptional investment opportunity presents a two-story, ±7,590 square foot industrial condominium building situated within the Northpointe Business Center in Las Vegas, Nevada. The property, encompassing units 105 and 110, features a ±3,000 square foot yard accessible from unit 110. Built in 2008, this property boasts 18' to 20' warehouse clear height, four 12' x 12' roll-up doors, and ample parking (2 spaces per 1,000 sq ft). The building includes a mezzanine with skylights and metal halide lighting. Unit 110 (5,099 sq ft) can be vacated within 30 days, while unit 105 (2,491 sq ft) has a one-year lease expiring December 31, 2024, with a 30-day out clause. The tenant may extend the lease. The property benefits from 120/208 V, 3-phase power (225 amp service), fire sprinklers, and natural gas availability. Zoned IP in Clark County, it offers convenient access to I-15, Las Vegas Boulevard, and Harry Reid International Airport (17 miles). Nearby amenities include restaurants and retail, and the property is less than five minutes from the I-15/Craig Road interchange. The asking price is $2,200,000, with a pro-forma cap rate of 6.00% and a pro-forma NOI of $132,066. Occupancy is anticipated by September 30, 2024. The property is ideal for owner-users seeking income offset and expansion flexibility, or investors looking for a manageable addition to their portfolio. SBA financing options are available for full building users, along with conventional financing. The property's APN is 140-05-420-013 & 014. A common picnic area is adjacent to the building.