Flex Industrial
For Sale
Contact for pricing
1850 Whitney Mesa Drive Ste. 100, Henderson, NV 89014
Warehouse functionality and finished office improvements support a range of commercial ownership or investment uses.
Property Size5,274 SF
Price / SF$284.41
Days on Market64
Property Features for 1850 Whitney Mesa Drive Ste. 100
General Information
Standard status
Active
Size
5,274 SF
Property subtype
Industrial, Office
Zoning
Industrial Park (IP)
Investment Type
Owner/User
Additional Details
Highway Access
Yes
Drive-In Doors
1
Building Details
Year Built
2008
Construction
tilt-up concrete
Listing Agency:
North American Commercial
Listed By:
Anthony Battisti · License #S.0200033
Source:
Crexi
Added: Aug 11
Changed: Sep 28
Last Checked: Oct 12 at 9:32PM
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 North American Commercial
Investment Insights
Based on property information with market context.
This 5,274-square-foot flex industrial condo combines warehouse space with professionally finished offices in a concrete tilt-up business park. The unit includes one grade-level loading door and was built in 2008. Industrial Park (IP) zoning supports its position within an established commercial setting.
The property is located at 1850 Whitney Mesa Drive, Suite 100, in Henderson, Nevada. Access to Interstate 215, Harry Reid International Airport, and the Las Vegas resort corridor connects the unit with major regional destinations and transportation infrastructure.
The balance of warehouse and office improvements provides a practical configuration for an owner-user or investment property, with loading access and dedicated finished workspace already in place.
The property is located at 1850 Whitney Mesa Drive, Suite 100, in Henderson, Nevada. Access to Interstate 215, Harry Reid International Airport, and the Las Vegas resort corridor connects the unit with major regional destinations and transportation infrastructure.
The balance of warehouse and office improvements provides a practical configuration for an owner-user or investment property, with loading access and dedicated finished workspace already in place.
Key Highlights
- 5,274‑square‑foot flex industrial condo unit
- One grade‑level loading door
- Professionally finished office improvements
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,542
Cap Rate
5.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,730,840
$1.7M
Cap Rate 7%
$1,236,314
$1.2M
Cap Rate 9%
$961,578
$961.6K
Market Conditions
NOI Build-Up for 5,274 SF
Gross rent
$139.9K $26.52/SF
− Vacancy
−$24.5K −$4.64/SF
EGI
$115.4K $21.88/SF
− OpEx
−$28.8K −$5.47/SF
NOI
$86.5K $16.41/SF
Area
ZIP 89014
Vacancy
17.50%
Lease Rate
$26.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,730,840
Cap Rate 7%
$1,236,314
Cap Rate 9%
$961,578
Alternative Uses
Best Use
Office B
$1.24M
$1.08M – $1.44M
NOI $86,542 @ 7.0% cap · market cap 5.77%
Second Best
Warehouse
$779.7K
$682.2K – $909.6K
NOI $54,577 @ 7.0% cap · market cap 3.64%
Theoretical Best
Specialty Retail
$1.85M
$1.62M – $2.16M
NOI $129,326 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
792
Businesses Nearby
Balanced
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
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Cap Rate, Value Estimation, Potential NOI and more
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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 - Warehouse functionality and finished office improvements support a range of commercial ownership or investment uses.
Where is this flex space located?
The property is located at 1850 Whitney Mesa Drive Ste. 100 Henderson, NV.
What is the asking price?
The asking price for this property is $1,499,999.
What are key features of this property?
This property features: 5,274‑square‑foot flex industrial condo unit; One grade‑level loading door; Professionally finished office improvements
