3650 W Cheyenne Ave North Las Vegas, NV 89032

This newly constructed, freestanding industrial building offers a 56,500 SF investment opportunity in the BLAK Cheyenne Industrial Park in North Las Vegas, NV. The building is a Class A facility featuring concrete tilt-up construction, modern amenities, and design. The property is fully leased to two tenants under NNN leases. Reece Supply, LLC, a subsidiary of Reece Limited, occupies 35,000 SF under an 18-year lease with options and 5% rental increases every three years. The lease is corporate guaranteed by Reece Inc. Vegas Gymnastics Academy occupies the remaining 21,500 SF under a 5-year lease with options and 3.5% annual rent increases; this lease is personally guaranteed. Located at the signalized intersection of W. Cheyenne Ave. and Allen Lane, the site benefits from high traffic counts of 60,700 vehicles per day and is directly across from the North Las Vegas airport, providing excellent visibility and frontage along W. Cheyenne Ave. The property is near Interstate 15 and State Highway 95. The property is located less than two miles from the Cheyenne Market Place and less than three miles southwest of North Mesa Plaza. The 5-mile trade area supports over 490,577 residents and nearly 186,173 daytime employees with an average household income of $78,603.