Multi-Tenant Industrial Office/Warehouse
1180 Center Point Drive Henderson, NV 89074
For Sale
$4,500,000
20,784 SF multi-tenant building with freeway access.
Property Size20,784 SF
Lot Size1.15 Acres
Price / SF$216.51
Days on Market123
Property Features for 1180 Center Point Drive
General Information
- Standard status
- Active
- Size
- 20,784 SF
- Lot size
- 1.15 Acres
- Property subtype
- FlexIndustrial
Listing Agency:
CBRE | Las Vegas
(702) 369-4874
Listed By:
Alex Stanisic, SIOR · License #S.0179950
(702) 369-4874
Source:
Cbre
Added: Mar 25
Changed: Jul 10
Last Checked: Jul 25 at 3:17AM
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.
The property at 1180 Center Point Drive is a multi-tenant industrial office/warehouse building encompassing approximately 20,784 square feet on approximately 1.15 acres. Located in the Henderson industrial submarket, south of American Pacific Drive near Stephanie Street and Gibson Road, the property offers immediate access to the I-215/I-515 Freeway Interchange, less than 0.5 miles away. The building includes an additional 2,310 square feet of garage storage. It features paved, private yard space and nine 10’ x 14’ grade-level truck doors. The building has approximately 22’ clear height, ample parking, and is equipped with a sprinkler system. The zoning is I-G General Industrial in Henderson. Electrical service is 120/208 Volt, 3-Phase Power. This property presents an owner/user investment opportunity with the potential to increase rental rates.
Key Highlights
- Owner/user investment opportunity
- Immediate access to I‑215/I‑515 Freeway Interchange
- ±20,784 SF office/warehouse building on ±1.15 acres
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 | $276.8k | $13.32 |
| − Vacancy | −$23.8k | −$1.15 |
| EGI | $253.0k | $12.17 |
| − OpEx | −$38.0k | −$1.83 |
| NOI | $215.1k | $10.35 |
20,784 SF · lease $13.32/SF/yr · vacancy 8.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.07M
$2.69M – $3.58M
NOI $215,079 @ 7.0% cap · market cap 4.78%
Second Best
Industrial
$2.53M
$2.21M – $2.95M
NOI $177,124 @ 7.0% cap · market cap 3.94%
Theoretical Best
Specialty Retail
$7.18M
$6.28M – $8.38M
NOI $502,722 @ 7.0% cap · market cap 11.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Far Western Anthropological ...
Environmental Consultant
Mighty Auto Parts
Big Box & Wholesale Store
Del Mar Landscaping
Landscaping
Cam Commerce Solutions
(Bike/Boat/Book/etc) Store
Da Vinci Ventures ...
Financial Advisor
FAQs
What type of property is this?
Flex space - 20,784 SF multi-tenant building with freeway access.
Where is this flex space located?
The property is located at 1180 Center Point Drive Henderson, NV.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Owner/user investment opportunity; Immediate access to I‑215/I‑515 Freeway Interchange; ±20,784 SF office/warehouse building on ±1.15 acres
