Flex Space with Loading
For Sale
Contact for pricing
1870 Whitney Mesa Drive Suite 100-110, Henderson, NV 89014
The building combines warehouse area with professionally finished office improvements.
Property Size6,720 SF
Price / SF$297.62
Days on Market57
Property Features for 1870 Whitney Mesa Drive Suite 100-110
General Information
Standard status
Active
Size
6,720 SF
Property subtype
Industrial
Zoning
Industrial Park (IP)
Investment Type
Owner/User
Additional Details
Highway Access
Yes
Drive-In Doors
2
Building Details
Year Built
2008
Construction
concrete tilt-up
Listing Agency:
North American Commercial
Listed By:
Anthony Battisti · License #S.0200033
Source:
Crexi
Added: Aug 11
Changed: Oct 5
Last Checked: Oct 5 at 4:43PM
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.
Built in 2008, this 6,720-square-foot flex property includes warehouse space, finished office improvements, and two grade-level loading doors. The building is identified as Suites 100 and 110 and is located within a concrete tilt-up business park. Industrial Park (IP) zoning applies to the property.
The asset is at 1870 Whitney Mesa Drive in Henderson, Nevada, within the Henderson/Airport East submarket. Interstate 215 provides convenient regional access to the property.
The asset is at 1870 Whitney Mesa Drive in Henderson, Nevada, within the Henderson/Airport East submarket. Interstate 215 provides convenient regional access to the property.
Key Highlights
- 6,720‑square‑foot flex property with warehouse and finished office areas
- Two grade‑level loading doors
- Concrete tilt‑up business park setting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$110,270
Cap Rate
5.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,205,400
$2.2M
Cap Rate 7%
$1,575,286
$1.6M
Cap Rate 9%
$1,225,222
$1.2M
Market Conditions
NOI Build-Up for 6,720 SF
Gross rent
$178.2K $26.52/SF
− Vacancy
−$31.2K −$4.64/SF
EGI
$147.0K $21.88/SF
− OpEx
−$36.8K −$5.47/SF
NOI
$110.3K $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%
$2,205,400
Cap Rate 7%
$1,575,286
Cap Rate 9%
$1,225,222
Alternative Uses
Best Use
Office B
$1.58M
$1.38M – $1.84M
NOI $110,270 @ 7.0% cap · market cap 5.51%
Second Best
Warehouse
$993.4K
$869.3K – $1.16M
NOI $69,541 @ 7.0% cap · market cap 3.48%
Theoretical Best
Specialty Retail
$2.35M
$2.06M – $2.75M
NOI $164,784 @ 7.0% cap · market cap 8.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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- TRYPPS — 3000 High View Dr #1514, Henderson, NV 89014
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Frequently Asked Questions
What type of property is this?
Flex space - The building combines warehouse area with professionally finished office improvements.
Where is this flex space located?
The property is located at 1870 Whitney Mesa Drive Suite 100-110 Henderson, NV.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: 6,720‑square‑foot flex property with warehouse and finished office areas; Two grade‑level loading doors; Concrete tilt‑up business park setting
