New Industrial Building Investment
3650 W Cheyenne Ave, North Las Vegas, NV 89032
NNN leased, freestanding, newly constructed industrial building in North Las Vegas.
Type:Industrial
Property size:
56,500 SFPrice / SF:
$309/SF- Added:
- Nov 20, 2025
- Days on Market:
- 178
- Last Refresh:
- Mar 17 at 1:26 pm
Property Features for 3650 W Cheyenne Ave
General Information
- Standard status
- Active
- Size
- 56,500 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2024
Listing agent Patrick R. Luther, CCIM License #CA License No. 01912215
Listing office SRS Real Estate Partners Newport Beach
Listing date Nov 20, 2025
Source Crexi
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 SRS Real Estate Partners Newport Beach
HighLights
- NNN Leased, newly constructed, two‑tenant industrial building.
- Long‑term lease with Reece Supply, LLC (18‑year) guaranteed by Reece Inc. ($9+ billion revenue FY24) with attractive 5% rental increases every three years.
- Class A facility with brand new, state‑of‑the‑art, concrete tilt‑up construction and modern design (built in 2024).
- Strategic hard corner location at a signalized intersection with high traffic counts (60,700 VPD) and excellent visibility.
- Located directly across the street from the North Las Vegas airport and near major transportation arteries (I‑15 and State Highway 95).
- Strong demographics with a large population and daytime employee base within a 5‑mile radius, and a solid average household income.
Overview
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Reece Plumbing
Plumbing Service
Location Insight
- Map
- Local Demand
- City
- North Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.19037
- Latitude
- 36.217526
Nearby Similar for Sale
FAQs
What type of property is this?
NNN property - NNN leased, freestanding, newly constructed industrial building in North Las Vegas.
Where is this nnn property located?
The property is located at 3650 W Cheyenne Ave North Las Vegas, NV.
What is the asking price?
The asking price for this property is $17,474,000.
What are key features of this property?
This property features: NNN Leased, newly constructed, two‑tenant industrial building.; **Long‑term lease with Reece Supply, LLC (18‑year) guaranteed by Reece Inc. ($9+ billion revenue FY24) with attractive 5% rental increases every three years.**; **Class A facility with brand new, state‑of‑the‑art, concrete tilt‑up construction and modern design (built in 2024).**
