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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 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 nearby. The property is currently leased to a tenant with a BB+ rating for at least the next four years, operating as a staging yard. The lease provides annual payments with a 6% annual rent increase, resulting in a 7% CAP rate. The lease expires in 2027, with options extending to 2030. Located approximately 600 feet south of US95, the property is near the Creech Airforce Base entry gate and east of Indian Springs. It is primarily accessed via East Boulder Lane, a paved community access road from Indian Springs to the property's edge. The property is situated on 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 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; - One of the few industrial zoned rural properties in the area
More about this property
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