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Flex Industrial Building with Office

2645 W Cheyenne Ave. North Las Vegas, NV 89032

2645 W Cheyenne Ave., North Las Vegas, NV, 89032
Contact for pricing
For Sale
Contact for pricing

Two-story flex layout with heavy office and warehouse space, supported by 3-phase power and HVAC capability.

Property Size8,907 SF
Price / SF$269.45
Days on Market57

Property Features for 2645 W Cheyenne Ave.

General Information

Standard status
Active
Size
8,907 SF
Property subtype
Office, Industrial

Building Details

Year Built
2004
Listing agency LOGIC Commercial Real Estate
Listed by Amy Ogden, SIOR · License #NV 0069966
Source Crexi
Added: May 27 Updated: Jul 10 at 3:59PM Checked: Jul 21 at 9:55AM

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 LOGIC Commercial Real Estate


Investment Insights

Based on property information with market context.

Cheyenne West Corporate Center is a versatile owner-user flex property featuring a two-story building with a built-out office component and functional warehouse space. The structure includes 3,552 SF of first-floor office, 2,690 SF of second-floor office, and 2,440 SF of warehouse, creating a layout suited for office-intensive industrial operations. The warehouse is supported by 800 amps of 3-phase power and provides an 18' clear height, along with a 12'x14' grade-level door for practical loading and receiving. The warehouse space is also 100% HVAC capable, which supports a range of office-connected light industrial, lab, or manufacturing conversion concepts.

The property is positioned in North Las Vegas’s established industrial corridor and is available for sale as a single building. Parking totals 20 spaces, including 7 covered spaces. The site is designated M-2 zoning.

This offering can be a strong fit for professional services and light industrial users who need on-site offices alongside warehouse functionality. It also supports tenants or buyers looking for an industrial space that can accommodate office use and HVAC-dependent operations, while benefiting from the available power capacity and loading door configuration. As an owner-user opportunity, it’s designed to handle both day-to-day office workflows and warehouse activity under one roof.

Key Highlights

  • 8,907 SF two‑story industrial building with heavy office plus 2,440 SF warehouse space (built 2004)
  • Office layout includes 3,552 SF on the first floor and 2,690 SF on the second floor
  • Warehouse supported by 800 Amps 3‑phase power and 18' clear height

Local 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 $192.4k $21.60
− Vacancy −$27.9k −$3.13
EGI $164.5k $18.47
− OpEx −$41.1k −$4.62
NOI $123.4k $13.85
8,907 SF · lease $21.60/SF/yr · vacancy 14.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.76M
$1.54M – $2.06M (±1% cap)
NOI $123,371 @ 7.0% cap · market cap 5.14%
Second Best
Flex RnD
$1.64M
$1.44M – $1.92M (±1% cap)
NOI $115,050 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$2.41M
$2.11M – $2.81M (±1% cap)
NOI $168,727 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Research/Diagnostic Antibodies Laboratory Dakem & Associates LLC Construction Company

Suggested Use

Real Estate Agency Dental Office Spa & Massage Center Law Firm Hair Salon Skin Care Clinic Nail Salon Daycare Center Grocery & Convenience Store Accounting Firm

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

Similar Off Market Nearby

  • Fabulous Food — 3560 W Cheyenne Ave, North Las Vegas, NV 89032

FAQs

What type of property is this?
Flex space - Two-story flex layout with heavy office and warehouse space, supported by 3-phase power and HVAC capability.
Where is this flex space located?
The property is located at 2645 W Cheyenne Ave. North Las Vegas, NV.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 8,907 SF two‑story industrial building with heavy office plus 2,440 SF warehouse space (built 2004); Office layout includes 3,552 SF on the first floor and 2,690 SF on the second floor; Warehouse supported by 800 Amps 3‑phase power and 18' clear height
Contact an agent
(775) 386-9727 Call to check price and availability
More about this property
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