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Cannabis Cultivation Industrial Property
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1011 E Alexander Rd, North Las Vegas, NV 89030

Renovated industrial facility leased to a marijuana cultivation operator on M-2 zoned land.

Property SizeContact for details
Days on Market140

Property Features for 1011 E Alexander Rd

General Information

Standard status Active
Property subtype Industrial
Listing Agency: CBRE - Las Vegas
Listed By: Dean Willmore · License #NV BS.0023886
Source: Crexi
Added: Apr 14 Changed: Aug 31 Last Checked: Aug 31 at 2:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Las Vegas

Investment Insights

Based on property information with market context.

This cannabis-oriented industrial property includes an approximately 45,000 SF building on approximately 9.04 acres of M-2 zoned land. The improvements use block and metal construction and underwent a complete renovation in 2022.

The facility is leased to Dune Opco LLC, a marijuana cultivation operator that has operated at the property since 2021. Located at 1011 E Alexander Rd in North Las Vegas, the asset combines an established operating tenancy with substantial industrial land and building area.

Key Highlights

  • ±45,000 SF industrial building
  • ±9.04 acres of M‑2 zoned land
  • Completely renovated in 2022

Property Analytics

Current Use

Crumb Snatchers (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Pharmacy Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

350
Businesses Nearby

Demographics for 89030, NV

56,399
Population
16,632
Households
3.4
Avg Household Size
30
Median Age
5%
College-Educated
58%
High-School Grad
9.5 sq mi
ZIP Area
5,937
Density / Sq Mi
$46,204
Median Household Income
$31,787
Median Earnings
$1,139
Median Rent
$237,300
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Cannabis property - Renovated industrial facility leased to a marijuana cultivation operator on M-2 zoned land.
Where is this cannabis property located?
The property is located at 1011 E Alexander Rd North Las Vegas, NV.
What are key features of this property?
This property features: ±45,000 SF industrial building; ±9.04 acres of M‑2 zoned land; Completely renovated in 2022
(702) 369-4825 Call to check price and availability
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