5905 Decatur BlvdLas Vegas, NV 89118

For Sale
$23,750,000

Multi-tenant office & warehouse complex.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a fully occupied, two-building industrial portfolio totaling 76,400 square feet, situated on a 5.63-acre lot in Las Vegas, Nevada. The property, comprised of 12 units, boasts a desirable location with excellent visibility and easy access to major freeways (I-215 and I-15). Built between 2002 and 2006, the buildings feature 18-foot clear height ceilings, ample parking (4.5 spaces per 1,000 square feet), and attractive landscaping with new LED exterior lighting. Zoned for Industrial Park (IP) and Commercial General (CG) use, this versatile property offers a mix of creative office, flex, and traditional office spaces, catering to diverse business needs. The asking price is $23,750,000, representing a price per square foot of $311 and a 5.52% cap rate with a Net Operating Income (NOI) of $1,310,932. The property includes approximately 12 loading docks, glass storefront entries, and fire sprinklers. Specific power details require verification by the buyer. This is a high-image investment with strong potential for long-term growth and return. The property's address is 5905 & 6001 S. Decatur Blvd., Las Vegas, NV 89118. Parcel numbers are 163-36-601-040 & 163-36-601-042.

Highlights

  • 100% occupied, high-image industrial portfolio investment opportunity.
  • Zoned Industrial Park (IP) and Commercial General (CG).
  • 5905 S. Decatur Blvd., ±35,910 SF; 6001 S. Decatur Blvd., ±40,490 SF.
  • Built 2002 & 2006.
  • 18' clear height ceilings.
  • Approximately 12 loading docks.

Property Details for 5905 Decatur Blvd

Property type
Other office properties, Office space
Square Feet
76,400 SF
Year Built
2002
Buildings
2
Stories
1
Lot Size (sq. ft)
245,243 SF
Units
12

Location Insight

City
Las Vegas
County
Clark
State
Nevada
Latitude
36.0820414
Longitude
-115.2085074
5905 Decatur Blvd, Las Vegas, Nevada

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5905 Decatur Blvd
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