Industrial Condo with Office and
For Sale
Contact for pricing
1600 Raiders Way, Henderson, NV 89052
Industrial condo suite with office and warehouse space and flexible business uses subject to zoning
Property Size1,821 SF
Price / SF$450
Days on Market9
Property Features for 1600 Raiders Way
General Information
Standard status
Active
Size
1,821 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Warehouse Space
1,194 SF
Office Build-Out
627 SF
Additional Details
Office Units
1
Listing Agency:
Colliers | Las Vegas
(702) 604-2059
Listed By:
Grant Traub, SIOR · License #S.0075502
(702) 604-2059
Source:
Moodyscre
Added: Jul 22
Changed: Jul 30
Last Checked: Jul 30 at 6:50AM
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
Investment Insights
Based on property information with market context.
Suite 120 at 1600 Raiders Way is an industrial condo offering approximately 1,821 SF total, including about 627 SF of office and about 1,194 SF of warehouse. New paint and landscaping are underway for the property.
This suite is part of an industrial condo offering with the condo map process underway. The suite is listed as available for purchase after 01/01/27, with occupancy potentially sooner based on business needs.
The space is intended for flexible business uses, including warehouse, showroom, contractor, distribution, service, light manufacturing, and flex office users, subject to zoning. A potential SBA financing option and depreciation-related tax advantages are mentioned for qualified buyers and should be reviewed with a tax advisor.
This suite is part of an industrial condo offering with the condo map process underway. The suite is listed as available for purchase after 01/01/27, with occupancy potentially sooner based on business needs.
The space is intended for flexible business uses, including warehouse, showroom, contractor, distribution, service, light manufacturing, and flex office users, subject to zoning. A potential SBA financing option and depreciation-related tax advantages are mentioned for qualified buyers and should be reviewed with a tax advisor.
Key Highlights
- Suite 120 industrial condo at 1600 Raiders Way
- Approx. 1,821 SF total with about 627 SF office and about 1,194 SF warehouse
- New paint and landscaping underway
Financial Insights For Office B
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 | $43.7k | $24.00 |
| − Vacancy | −$7.6k | −$4.20 |
| EGI | $36.1k | $19.80 |
| − OpEx | −$9.0k | −$4.95 |
| NOI | $27.0k | $14.85 |
1,821 SF · lease $24.00/SF/yr · vacancy 17.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$386.3K
$338.0K – $450.7K
NOI $27,042 @ 7.0% cap · market cap 3.30%
Second Best
Warehouse
$269.2K
$235.6K – $314.1K
NOI $18,844 @ 7.0% cap · market cap 2.30%
Theoretical Best
Specialty Retail
$637.9K
$558.2K – $744.2K
NOI $44,653 @ 7.0% cap · market cap 5.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
261
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 89052, NV
59,987
Population
26,456
Households
2.3
Avg Household Size
46
Median Age
47%
College-Educated
96%
High-School Grad
16.3 sq mi
ZIP Area
3,680
Density / Sq Mi
$98,462
Median Household Income
$57,772
Median Earnings
$1,938
Median Rent
$595,500
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial condo suite with office and warehouse space and flexible business uses subject to zoning
Where is this flex space located?
The property is located at 1600 Raiders Way Henderson, NV.
What is the asking price?
The asking price for this property is $819,450.
What are key features of this property?
This property features: Suite 120 industrial condo at 1600 Raiders Way; Approx. 1,821 SF total with about 627 SF office and about 1,194 SF warehouse; New paint and landscaping underway
