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    Henderson Industrial Property For Lease Title is generated by Realmo AI

    35 Conestoga Way, Henderson, NV

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    Industrial property in Henderson, Nevada, with I-11/US-95 access.

    Type:INDUSTRIAL
    Property size:
    107,135 SF
    Lot size:
    11.21 Acres
    Price / SF:
    $228/SF
    Added:
    Jan 9, 2023
    Days on Market:
    1252
    Last Refresh:
    May 20 at 9:31 pm

    Property Features for 35 Conestoga Way

    General Information

    Standard status
    Active
    Size
    107,135 SF
    Lot size
    11.21 Acres
    Property subtype
    INDUSTRIAL

    Properties For Sale

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    Listing Contact
    Jerry Doty, SIOR

    Listing agent Jerry Doty, SIOR License ##S.0172045

    Listing office Colliers | Las Vegas

    Listing date Jan 9, 2023

    Source Moodyscre

    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 Colliers | Las Vegas

    HighLights

    • Prime location with direct visibility and access to I‑11/US‑95, connecting to Arizona and Southern California markets.
    • High traffic visibility on I‑11/US‑95 with over 65,500 vehicles per day.
    • Centrally located in Henderson, ideal as a Southwest distribution hub.
    • Industrial Park (IP Zoning).
    • ±135’ – ±185’ Concrete Truck Court.
    • LED Warehouse Lighting.

    Overview

    This industrial property is located in Henderson, Nevada, along the I-11/US-95 transportation corridor, providing access to Arizona and Southern California markets. The property benefits from visibility along US-95 and direct visibility on the I-11/US95 freeway, which sees over 65,500 vehicles per day. Henderson's central location makes it suitable as a southwest distribution hub. The property is zoned Industrial Park (IP). It features a concrete truck court measuring approximately 135 to 185 feet and LED warehouse lighting. There is potential for secure gated truck courts. The property contains 107,135 square feet.

    Local Financial Insights For Warehouse

    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 $1.75M $16.32
    − Vacancy −$96.2k −$0.90
    EGI $1.65M $15.42
    − OpEx −$247.8k −$2.31
    NOI $1.40M $13.11
    107,135 SF · lease $16.32/SF/yr · vacancy 5.50% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $20.06M
    $17.56M – $23.41M (±1% cap)
    NOI $1,404,437 @ 7.0% cap · market cap 5.73%
    Second Best
    Industrial
    $16.52M
    $14.46M – $19.28M (±1% cap)
    NOI $1,156,595 @ 7.0% cap · market cap 4.72%
    Theoretical Best
    Specialty Retail
    $37.53M
    $32.84M – $43.79M (±1% cap)
    NOI $2,627,100 @ 7.0% cap · market cap 10.71%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Gym & Fitness Center Auto Parts Store

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

    Similar Places Nearby

    • Life Storage — 550 Conestoga Way, Henderson, NV 89002

    Location Insight

    • Map
    • Local Demand
    City
    Henderson
    County
    Clark
    State
    Nevada
    Longitude
    -114.943
    Latitude
    35.9976

    FAQs

    What type of property is this?
    Warehouse - Industrial property in Henderson, Nevada, with I-11/US-95 access.
    Where is this warehouse located?
    The property is located at 35 Conestoga Way Henderson, NV.
    What is the asking price?
    The asking price for this property is $24,521,058.
    What are key features of this property?
    This property features: Prime location with direct visibility and access to I‑11/US‑95, connecting to Arizona and Southern California markets.; High traffic visibility on I‑11/US‑95 with over 65,500 vehicles per day.; Centrally located in Henderson, ideal as a Southwest distribution hub.
    (702) 735-5700 Call to check price and availability
    More about this property
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