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$512.77
Days on Market100
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) 735-5700
Listed By:
Grant Traub, SIOR · License #LICS.0039295
(702) 604-2059
Source:
Moodyscre
Added: Jul 22
Changed: Oct 25
Last Checked: Oct 28 at 4:46AM
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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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
Estimated NOI and Cap Rate
NOI / Yr
$27,042
Cap Rate
2.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$540,840
$540.8K
Cap Rate 7%
$386,314
$386.3K
Cap Rate 9%
$300,467
$300.5K
Market Conditions
NOI Build-Up for 1,821 SF
Gross rent
$43.7K $24.00/SF
− Vacancy
−$7.6K −$4.20/SF
EGI
$36.1K $19.80/SF
− OpEx
−$9.0K −$4.95/SF
NOI
$27.0K $14.85/SF
Area
ZIP 89052
Vacancy
17.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$540,840
Cap Rate 7%
$386,314
Cap Rate 9%
$300,467
Alternative Uses
Best Use
Office B
$386.3K
$338.0K – $450.7K
NOI $27,042 @ 7.0% cap · market cap 2.90%
Second Best
Warehouse
$269.2K
$235.6K – $314.1K
NOI $18,844 @ 7.0% cap · market cap 2.02%
Theoretical Best
Specialty Retail
$637.9K
$558.2K – $744.2K
NOI $44,653 @ 7.0% cap · market cap 4.78%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
3,267
Businesses Nearby
Under-served
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
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Market
Vacancy Rate% for Office in West region
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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 $933,750.
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
