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Us Hwy 95 North Indian Springs, NV 89018

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For Sale
$5,300,000

15-acre industrial land with existing income near Creech Airforce Base.

Property size:
15 SF
Lot size:
15.00 Acres

Property Features for Us Hwy 95 North

General Information

Size
15 SF
Lot size
15.00 Acres

Source: Pete Janemark, CCIM Agent Pete Janemark, CCIM

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Industrial Land Investment Opportunity

This 15-acre industrial land parcel presents an investment opportunity with existing income. Zoned for industrial use, the level and graded property is fenced and improved for access. Water, sewer, and electricity are available within a short distance. The property is currently leased to a tenant with a BB+ rating, operating a staging yard. The lease, expiring in 2027 with options to 2030, provides annual payments with a 6% annual rent increase, resulting in a 7% CAP rate. The property is located approximately 600 ft south of US95, near the Creech Airforce Base entry gate and east of Indian Springs. Access is primarily via East Boulder Lane, a paved community road from Indian Springs to the property's edge. This property is part of the eastern outskirts of the community.
Location Intelligence

Current Use by Public Records

Industrial land

Map

City
Indian Springs
County
Clark
State
Nevada
Longitude
-115.467
Latitude
36.5118

FAQs

What type of property is this?
Industrial land - 15-acre industrial land with existing income near Creech Airforce Base.
Where is this industrial land located?
The property is located at Us Hwy 95 North Indian Springs, NV.
What is the asking price?
The asking price for this property is $5,300,000.
What are key features of this property?
This property features: - 7% CAP Rate on existing income.; - Collect income while holding industrial land.; - Leased to a high BB+ rated tenant.
More about this property
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