Flex-Warehouse with High
1110 E Lake Mead Pkwy Henderson, NV 89015
For Sale
Contact for pricing
Flex-warehouse offering high visibility and Community Commercial zoning for light and industrial operations.
Property Size25,000 SF
Price / SF$200
Days on Market9
Property Features for 1110 E Lake Mead Pkwy
General Information
Standard status
Active
Size
25,000 SF
Property subtype
Industrial
Building Details
Year Built
1981
Listing Agency:
ROI Commercial Real Estate Inc
Listed By:
Jonathan Serrano · License #S.0183243
Source:
Crexi
Added: Jul 21
Changed: Jul 29
Last Checked: Jul 29 at 3:23AM
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 ROI Commercial Real Estate Inc
Investment Insights
Based on property information with market context.
This flex-warehouse property is positioned for businesses that need both office-supporting flexibility and warehouse functionality, with a spacious lot available. The facility is described as highly visible, supporting strong presentation for daily operations and visitors.
The property benefits from Community Commercial zoning, which the listing states can accommodate a wide array of business uses, including light and industrial operations.
Overall, it presents as a flex-warehouse option in a master-planned community submarket, adjacent to the Cadence Village Retail Center.
The property benefits from Community Commercial zoning, which the listing states can accommodate a wide array of business uses, including light and industrial operations.
Overall, it presents as a flex-warehouse option in a master-planned community submarket, adjacent to the Cadence Village Retail Center.
Key Highlights
- Year built 1981 flex‑warehouse facility
- Community Commercial zoning allows a wide array of business uses, including light and industrial operations
- Highly visible flex‑warehouse location in the Cadence Village submarket
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $330.0k | $13.20 |
| − Vacancy | −$28.4k | −$1.14 |
| EGI | $301.6k | $12.06 |
| − OpEx | −$45.2k | −$1.81 |
| NOI | $256.4k | $10.26 |
25,000 SF · lease $13.20/SF/yr · vacancy 8.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.66M
$3.20M – $4.27M
NOI $256,377 @ 7.0% cap · market cap 5.13%
Second Best
Industrial
$3.02M
$2.64M – $3.52M
NOI $211,134 @ 7.0% cap · market cap 4.22%
Theoretical Best
Specialty Retail
$8.76M
$7.66M – $10.22M
NOI $613,035 @ 7.0% cap · market cap 12.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Flex-warehouse offering high visibility and Community Commercial zoning for light and industrial operations.
Where is this flex space located?
The property is located at 1110 E Lake Mead Pkwy Henderson, NV.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Year built 1981 flex‑warehouse facility; Community Commercial zoning allows a wide array of business uses, including light and industrial operations; Highly visible flex‑warehouse location in the Cadence Village submarket
