Rear-Loading Distribution
For Sale
$28,940,543
2955 Clayton Street, North Las Vegas, NV 89032
Industrial facility with flexible divisibility, secured truck circulation, and substantial dock, trailer, and auto parking capacity.
Property Size190,306 SF
Price / SF$152.07
Days on Market91
Property Features for 2955 Clayton Street
General Information
Standard status
Active
Size
190,306 SF
Property subtype
Industrial
Properties For Sale
at 2955 Clayton Street Contact us- Size
- 190,306 SF
- Availability
- Available
2955 Clayton St.
Clayton Commerce Center is a state-of-the-art, high image rear loading industrial...
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Listing Agency:
(702) 369-4868
Listed By:
Garrett Toft, SIOR · License #BS.0061824
(702) 369-4868
Source:
Cbre
Added: Jun 2
Changed: Aug 29
Last Checked: Aug 30 at 1:24PM
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 Garrett Toft, SIOR
Investment Insights
Based on property information with market context.
Located at 2955 Clayton Street in North Las Vegas, this distribution center contains ±190,306 SF and can be divided to ±70,000 SF. The building includes ±4,356 SF of spec office space, 36' clear height, and a rear-loading configuration supported by 27 dock doors, including 13 equipped with 35,000 lbs. levelers, plus 2 grade doors.
A 185' all-concrete secured truck court serves circulation and loading operations. Building infrastructure includes an ESFR sprinkler system and 4,000 A, 277/480 V, 3-phase power. The facility also provides 108 auto parking stalls and 35 trailer parking stalls. Typical column spacing is 50' x 56', with a 60' speed bay.
A 185' all-concrete secured truck court serves circulation and loading operations. Building infrastructure includes an ESFR sprinkler system and 4,000 A, 277/480 V, 3-phase power. The facility also provides 108 auto parking stalls and 35 trailer parking stalls. Typical column spacing is 50' x 56', with a 60' speed bay.
Key Highlights
- ±190,306 SF distribution center divisible to ±70,000 SF
- 27 dock doors, including 13 with 35,000 lbs. levelers, plus 2 grade doors
- 36' clear height with 50' x 56' typical column spacing and 60' speed bay
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$1,685,476
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.82%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$33,709,520
$33.7M
Cap Rate 7%
$24,078,229
$24.1M
Cap Rate 9%
$18,727,511
$18.7M
Market Conditions
NOI Build-Up for 190,306 SF
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.
Gross rent
$2.17M $11.40/SF
− Vacancy
−$186.6K −$0.98/SF
EGI
$1.98M $10.42/SF
− OpEx
−$297.4K −$1.56/SF
NOI
$1.69M $8.86/SF
Area
North Las Vegas, NV
Vacancy
8.60%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$33,709,520
Cap Rate 7%
$24,078,229
Cap Rate 9%
$18,727,511
Alternative Uses
Best Use
Warehouse
$24.08M
$21.07M – $28.09M
NOI $1,685,476 @ 7.0% cap · market cap 5.82%
Second Best
Industrial
$19.83M
$17.35M – $23.13M
NOI $1,388,039 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$51.50M
$45.06M – $60.08M
NOI $3,605,005 @ 7.0% cap · market cap 12.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
447
Businesses Nearby
Explore this area
Business Placement
Demographics for 89032, NV
47,324
Population
16,514
Households
2.9
Avg Household Size
36
Median Age
16%
College-Educated
82%
High-School Grad
10.0 sq mi
ZIP Area
4,732
Density / Sq Mi
$74,661
Median Household Income
$40,155
Median Earnings
$1,646
Median Rent
$346,500
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Distribution center - Industrial facility with flexible divisibility, secured truck circulation, and substantial dock, trailer, and auto parking capacity.
Where is this distribution center located?
The property is located at 2955 Clayton Street North Las Vegas, NV.
What is the asking price?
The asking price for this property is $28,940,543.
What are key features of this property?
This property features: ±190,306 SF distribution center divisible to ±70,000 SF; 27 dock doors, including 13 with 35,000 lbs. levelers, plus 2 grade doors; 36' clear height with 50' x 56' typical column spacing and 60' speed bay
