Distribution Center with Truck
For Sale
Contact for pricing
35 Conestoga Way, Henderson, NV 89002
Industrial facility with LED warehouse lighting, IP zoning, and access to the I-11/US-95 transportation corridor.
Property Size107,135 SF
Price / SF$228.88
Days on Market1375
Property Features for 35 Conestoga Way
General Information
Standard status
Active
Size
107,135 SF
Property subtype
INDUSTRIAL
Zoning
IP
Additional Details
Highway Access
Yes
Truck Court Depth
185 ft
Listing Agency:
Colliers | Las Vegas
(702) 735-5700
Listed By:
Jerry Doty, SIOR · License ##S.0172045
(702) 836-3735
Source:
Moodyscre
Added: Jan 9, 2023
Changed: Oct 15
Last Checked: Oct 15 at 12:13AM
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 Colliers | Las Vegas
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 107,135-square-foot distribution center at 35 Conestoga Way includes LED warehouse lighting and a concrete truck court measuring approximately 135 to 185 feet. The property carries Industrial Park (IP) zoning and is configured for logistics-oriented operations.
The facility fronts the US-95 corridor and has direct visibility from I-11/US-95, a route identified as carrying over 65,500 vehicles per day. Its location in Henderson provides access along the transportation corridor connecting Arizona and Southern California markets.
The facility fronts the US-95 corridor and has direct visibility from I-11/US-95, a route identified as carrying over 65,500 vehicles per day. Its location in Henderson provides access along the transportation corridor connecting Arizona and Southern California markets.
Key Highlights
- 107,135‑square‑foot distribution center at 35 Conestoga Way
- ±135’–±185’ concrete truck court
- Industrial Park (IP) zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,404,437
Cap Rate
5.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$28,088,740
$28.1M
Cap Rate 7%
$20,063,386
$20.1M
Cap Rate 9%
$15,604,856
$15.6M
Market Conditions
NOI Build-Up for 107,135 SF
Gross rent
$1.75M $16.32/SF
− Vacancy
−$96.2K −$0.90/SF
EGI
$1.65M $15.42/SF
− OpEx
−$247.8K −$2.31/SF
NOI
$1.40M $13.11/SF
Area
Henderson, NV
Vacancy
5.50%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$28,088,740
Cap Rate 7%
$20,063,386
Cap Rate 9%
$15,604,856
Alternative Uses
Best Use
Warehouse
$20.06M
$17.56M – $23.41M
NOI $1,404,437 @ 7.0% cap · market cap 5.73%
Second Best
Industrial
$16.52M
$14.46M – $19.28M
NOI $1,156,595 @ 7.0% cap · market cap 4.72%
Theoretical Best
Specialty Retail
$37.53M
$32.84M – $43.79M
NOI $2,627,100 @ 7.0% cap · market cap 10.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
128
Businesses Nearby
Explore this area
Business Placement
Demographics for 89002, NV
37,603
Population
13,703
Households
2.7
Avg Household Size
39
Median Age
27%
College-Educated
94%
High-School Grad
8.7 sq mi
ZIP Area
4,322
Density / Sq Mi
$98,725
Median Household Income
$49,842
Median Earnings
$1,844
Median Rent
$427,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Distribution center - Industrial facility with LED warehouse lighting, IP zoning, and access to the I-11/US-95 transportation corridor.
Where is this distribution center located?
The property is located at 35 Conestoga Way Henderson, NV.
What is the asking price?
The asking price for this property is $24,521,059.
What are key features of this property?
This property features: 107,135‑square‑foot distribution center at 35 Conestoga Way; ±135’–±185’ concrete truck court; Industrial Park (IP) zoning
