Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    748 West Sunset Rd Henderson, NV 89011

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Multi-tenant industrial project with spaces from 11,840 to 33,306 SF.

    Property size:
    56,986 SF
    Lot size:
    56,986 SF

    Property Features for 748 West Sunset Rd

    General Information

    Standard status
    Active
    Size
    56,986 SF

    We can help!

    Listing Contact
    Mike Willmore, Member Associate, Society Of Industrial And Office Realtors
    Source: Cbre

    Listing Agent: Mike Willmore, Member Associate, Society Of Industrial And Office Realtors

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

    Learn more

    Overview

    New Industrial Park on Sunset

    Sunset Industrial Park is a new multi-tenant industrial project situated on approximately 9.4 acres at the northeast corner of West Sunset Road and North Gibson Road. The park includes two free-standing buildings totaling approximately 179,021 rentable square feet, with spaces demisable down to approximately 11,840 square feet in the 748 building. The property has frontage along Sunset Road and features a minimum clearance of 32 feet in the warehouse, an ESFR fire suppression system, both grade-level and dock-high loading, and ample 277/480 Volt, 3-Phase power. Located in the Henderson submarket, the property provides connectivity to I-11 via Sunset Road and proximity to amenities in the East Henderson Corridor. It is approximately 45 miles from the California border and approximately 26 miles from the Arizona border. The property is zoned IL (Limited Industry) within the City of Henderson. The 92,165 square foot building sits on 5.10 acres and features 6-inch thick, reinforced concrete floors and a built-up panelized roof system. The parking ratio is 1.15 per 1,000 square feet. Natural gas service is available. The Assessor's Parcel Number is 178-02-213-011.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Warm Springs RV & Mini Storage, Nearby Storage Units - Henderson, NV, Self Storage, Nearby Storage Units, 24-7 Automated Storage - Henderson

    Location Insight

    • Map
    • Local Demand
    City
    Henderson
    County
    Clark
    State
    Nevada
    Longitude
    -115.0239451
    Latitude
    36.0643392

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      NV, Henderson - Mountain Vista St

      Workspaces, services and support to help you work better in IL, Vernon Hills - Atrium Dr
      6301 Mountain Vista St, Henderson, NV 89014
      View Details
    • Contact for pricing

      NV, Henderson - S Water St

      Discover many ways to work your way in NV, Henderson - S Water St
      303 Water St, Henderson, NV 89015
      View Details
    • Contact for pricing

      The District at Green Valley Parkway

      Discover many ways to work your way in The District at Green Valley Parkway
      170 Green Valley Pkwy, Henderson, NV 89012
      View Details
    • Contact for pricing

      Horizon Ridge Parkway

      Discover many ways to work your way in Horizon Ridge Parkway
      2850 Horizon Ridge Pkwy, Henderson, NV 89052
      View Details
    • Contact for pricing

      Coronado Parkway

      Discover many ways to work your way in Coronado Parkway
      871 Coronado Center Dr, Henderson, NV 89052
      View Details
    • $0.60 SF/Yr
      8,413 SF

      Henderson Industrial Warehouse/Office Space

      Industrial warehouse/office space in Henderson with easy highway access.
      975 American Pacific Dr, Henderson, NV 89014
      View Details
    • $2 SF/Yr
      6,054 SF

      Medical Office Space For Rent

      Located in immaculately maintained medical park near St. Rose Hospital.
      870 Seven Hills Dr, Henderson, NV 89052
      View Details
    • $3 SF/Yr
      1,463 SF

      Mixed-Use Space in Green Valley

      Vibrant mixed-use property with shopping, dining, entertainment, residences, and office.
      170 South Green Valley Pkwy, Henderson, NV 89012
      View Details
    • $1.95 SF/Yr

      Professional Office Space in Henderson

      Well-equipped office suite with modern amenities and convenient location.
      2425 W Horizon Ridge Pkwy, Henderson, NV 89052
      View Details
    • $2.00 SF/Yr

      Customizable Office Space with Views

      Gray shell office space with Strip views and high visibility.
      2705 West Horizon Ridge Pkwy, Henderson, NV 89052
      View Details
    • $1.95 SF/Yr

      Professional Office Space in Henderson

      Well-equipped office suite with reception, conference room, and private offices.
      2425 W Horizon Ridge Pkwy, Henderson, NV 89052
      View Details
    • $2 SF/Yr

      Henderson Office Space For Rent

      Office suite in Henderson, NV, ideal for small businesses.
      2875 Saint Rose Pkwy, Henderson, NV 89052
      View Details

    FAQs

    What type of property is this?
    Warehouse - Multi-tenant industrial project with spaces from 11,840 to 33,306 SF.
    Where is this warehouse located?
    The property is located at 748 West Sunset Rd Henderson, NV.
    What are key features of this property?
    This property features: - New multi-tenant industrial project with available space from ±11,840 SF - ±33,306 SF.; - Excellent connectivity to I-11 via Sunset Road.; - Benefit from **32’ minimum clear height in warehouse.**
    (702) 369-4823
    Request Owner's contact information
    748 West Sunset Rd Henderson, NV 89011
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    748 West Sunset Rd
    Henderson, NV 89011
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    748 West Sunset Rd Henderson, NV 89011
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Mike Willmore, Member Associate, Society Of Industrial And Office Realtors
    Real Estate License ID: S.0183520
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!