Updated Flex Space with
For Sale
Contact for pricing
159 N GIBSON RD, Henderson, NV 89014
Owner-user or investment property with warehouse improvements, upgraded building systems, and on-site parking.
Property Size8,862 SF
Price / SF$394.83
Days on Market138
Property Features for 159 N GIBSON RD
General Information
Standard status
Active
Size
8,862 SF
Total Parking Spaces
20
Property subtype
Industrial, Mixed Use
Occupancy
100%
Lease Type
NNN
Additional Details
Road Access
Yes
Power
400 amps
Building Details
Year Built
2007
Year Renovated
2015
Buildings
1
Stories
1
Units
20
Tenancy
Single
Listing Agency:
Virtue Real Estate Group
Listed By:
Shaun Marion · License #NV 36268
Source:
Crexi
Added: May 31
Changed: Oct 15
Last Checked: Oct 14 at 10:53PM
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 Virtue Real Estate Group
Investment Insights
Based on property information with market context.
This flex property contains 8,862 square feet and was constructed in 2007, with substantial improvements completed in 2015. Updates include upgraded HVAC, sound and thermal insulation within the walls, a rubber-mat warehouse floor, and 400 amps of power. The configuration supports a mix of flex-industrial, service commercial, showroom, and operational uses.
Gibson Road frontage and a 20-space parking field add practical access for employees, customers, and deliveries. Flexible zoning and established occupancy further support the property's existing commercial function. The building is positioned for an owner-user or investor seeking a combination of warehouse capability, customer-facing space, and updated infrastructure.
Gibson Road frontage and a 20-space parking field add practical access for employees, customers, and deliveries. Flexible zoning and established occupancy further support the property's existing commercial function. The building is positioned for an owner-user or investor seeking a combination of warehouse capability, customer-facing space, and updated infrastructure.
Key Highlights
- 8,862‑square‑foot flex‑industrial property
- Built in 2007 and heavily updated in 2015
- 400 amps of power with upgraded HVAC
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$202,821
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,056,420
$4.1M
Cap Rate 7%
$2,897,443
$2.9M
Cap Rate 9%
$2,253,567
$2.3M
Market Conditions
NOI Build-Up for 8,862 SF
Gross rent
$303.1K $34.20/SF
− Vacancy
−$13.3K −$1.50/SF
EGI
$289.7K $32.70/SF
− OpEx
−$86.9K −$9.81/SF
NOI
$202.8K $22.89/SF
Area
ZIP 89014
Vacancy
4.40%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,056,420
Cap Rate 7%
$2,897,443
Cap Rate 9%
$2,253,567
Alternative Uses
Best Use
Retail
$2.90M
$2.54M – $3.38M
NOI $202,821 @ 7.0% cap · market cap 5.80%
Second Best
Warehouse
$1.31M
$1.15M – $1.53M
NOI $91,707 @ 7.0% cap · market cap 2.62%
Theoretical Best
Specialty Retail
$3.10M
$2.72M – $3.62M
NOI $217,309 @ 7.0% cap · market cap 6.21%
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
Paved road access
Location Intelligence
Trade Area within ½ mile
1,038
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 89014, NV
40,761
Population
18,062
Households
2.3
Avg Household Size
38
Median Age
29%
College-Educated
94%
High-School Grad
7.6 sq mi
ZIP Area
5,363
Density / Sq Mi
$73,130
Median Household Income
$46,101
Median Earnings
$1,629
Median Rent
$415,300
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
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Frequently Asked Questions
What type of property is this?
Flex space - Owner-user or investment property with warehouse improvements, upgraded building systems, and on-site parking.
Where is this flex space located?
The property is located at 159 N GIBSON RD Henderson, NV.
What is the asking price?
The asking price for this property is $3,499,000.
What are key features of this property?
This property features: 8,862‑square‑foot flex‑industrial property; Built in 2007 and heavily updated in 2015; 400 amps of power with upgraded HVAC
