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    Henderson Warehouse Space Available Title is generated by Realmo AI

    188 Gallagher Crest Road, Henderson, NV 89074

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    14,385 SF warehouse space in Henderson, Nevada for lease.

    Type:Industrial
    Property size:
    14,385 SF
    Added:
    Nov 22, 2025
    Days on Market:
    191
    Last Refresh:
    May 20 at 12:20 am

    Property Features for 188 Gallagher Crest Road

    General Information

    Standard status
    Active
    Size
    14,385 SF
    Property subtype
    Industrial

    Spaces For Lease

    at 188 Gallagher Crest Road Contact us

    We can help!

    Listing Contact
    Kelsey Higgins
    Kelsey Higgins

    Listing agent Kelsey Higgins License #S.0192524

    Listing office

    Listing date Nov 22, 2025

    Source Cbre

    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 Kelsey Higgins

    HighLights

    • ±14,385 SF total space with ±1,171 SF of office and ±13,214 SF warehouse.
    • Located in Pacific Business Center on ±48 acres in Henderson, Nevada.
    • Benefit from the 26'-28’ clear height.
    • Access to US‑95 and I‑215 freeways.
    • Features (2) dock doors and (1) grade door.
    • Equipped with fire sprinklers.

    Overview

    This property offers a total of approximately 14,385 square feet, including approximately 1,171 square feet of office space and approximately 13,214 square feet of warehouse space. The warehouse features a clear height ranging from 26 to 28 feet, one grade door, and two dock doors, and is equipped with fire sprinklers. The property is located within the Pacific Business Center, which spans approximately 48 acres in Henderson, Nevada, and includes distribution, midbay industrial, flex, and showroom units. Situated in the Henderson submarket on the southwest corner of American Pacific Drive and Gibson Road, the location provides access to US-95 freeway via Auto Show Drive and access to I-215 freeway via Gibson Road. The property is currently available.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Dollar Self Storage — 1475 American Pacific Dr, Henderson, NV 89074
    • Zippy Shell — 882 American Pacific Dr suite c, Henderson, NV 89014
    • Green Valley Storage-Gibson Rd — 140 N Gibson Rd, Henderson, NV 89014
    • Self Storage — 45 maleena mesa st, henderson, nv 89074
    • Self Storage Near 89074, NV — 45 Maleena Mesa St, Henderson, NV 89074

    Location Insight

    • Map
    • Local Demand
    City
    Henderson
    County
    Clark
    State
    Nevada
    Longitude
    -115.037
    Latitude
    36.0414

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    FAQs

    What type of property is this?
    Warehouse - 14,385 SF warehouse space in Henderson, Nevada for lease.
    Where is this warehouse located?
    The property is located at 188 Gallagher Crest Road Henderson, NV.
    What are key features of this property?
    This property features: ±14,385 SF total space with ±1,171 SF of office and ±13,214 SF warehouse.; Located in Pacific Business Center on ±48 acres in Henderson, Nevada.; Benefit from the **26'-28’ clear height**.
    (702) 369-4812
    We can help!
    Listing Contact
    Kelsey Higgins
    Kelsey Higgins
    Real Estate License ID: S.0192524
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    188 Gallagher Crest Road, Henderson, NV, 89074
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