Flex Space Industrial Condo
For Sale
Contact for pricing
1610 Raiders Way, Henderson, NV 89052
Industrial flex condo with office and warehouse space, with new exterior paint and landscaping underway.
Property Size1,834 SF
Price / SF$450
Days on Market9
Property Features for 1610 Raiders Way
General Information
Standard status
Active
Size
1,834 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Warehouse Space
902 SF
Office Build-Out
932 SF
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 11:34AM
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.
1610 Raiders Way, Suite 125 is an industrial flex space condo consisting of approximately 932 SF of office and approximately 902 SF of warehouse, for a total of approximately 1,834 SF. New paint and landscaping are underway, and the condo map process is underway as well.
The space is offered for purchase and is available for occupancy after 01/01/27, with the possibility of earlier occupancy based on business needs. This flex layout is described as suitable for a range of uses such as warehouse, showroom, contractor, distribution, service, light manufacturing, and flex office users, subject to zoning.
Designed for tenants that need both functional workspace and supporting office area, Suite 125 provides a straightforward option for businesses seeking to manage operating costs while tailoring the space to their operations.
The space is offered for purchase and is available for occupancy after 01/01/27, with the possibility of earlier occupancy based on business needs. This flex layout is described as suitable for a range of uses such as warehouse, showroom, contractor, distribution, service, light manufacturing, and flex office users, subject to zoning.
Designed for tenants that need both functional workspace and supporting office area, Suite 125 provides a straightforward option for businesses seeking to manage operating costs while tailoring the space to their operations.
Key Highlights
- Suite 125 industrial flex condo with approximately 1,834 SF total
- Approximately 932 SF office and approximately 902 SF warehouse layout
- 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 | $44.0k | $24.00 |
| − Vacancy | −$7.7k | −$4.20 |
| EGI | $36.3k | $19.80 |
| − OpEx | −$9.1k | −$4.95 |
| NOI | $27.2k | $14.85 |
1,834 SF · lease $24.00/SF/yr · vacancy 17.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$389.1K
$340.4K – $453.9K
NOI $27,235 @ 7.0% cap · market cap 3.30%
Second Best
Warehouse
$271.1K
$237.2K – $316.3K
NOI $18,979 @ 7.0% cap · market cap 2.30%
Theoretical Best
Specialty Retail
$642.5K
$562.2K – $749.5K
NOI $44,972 @ 7.0% cap · market cap 5.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
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 flex condo with office and warehouse space, with new exterior paint and landscaping underway.
Where is this flex space located?
The property is located at 1610 Raiders Way Henderson, NV.
What is the asking price?
The asking price for this property is $825,300.
What are key features of this property?
This property features: Suite 125 industrial flex condo with approximately 1,834 SF total; Approximately 932 SF office and approximately 902 SF warehouse layout; New paint and landscaping underway
