New Industrial Building Investment
For Sale
Contact for pricing
3650 W Cheyenne Ave, North Las Vegas, NV 89032
NNN leased, freestanding, newly constructed industrial building in North Las Vegas.
Property Size56,500 SF
Price / SF$309.27
Days on Market283
Property Features for 3650 W Cheyenne Ave
General Information
Standard status
Active
Size
56,500 SF
Total Parking Spaces
64
Property subtype
Industrial
Zoning
Planned Unit Development (PUD)
Occupancy
100%
Lease Type
NNN
Net Operating Income
$1,092,120
Building Details
Year Built
2024
Tenancy
Multi
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Patrick R. Luther, CCIM · License #01912215
Source:
Crexi
Added: Nov 20, 2025
Changed: Aug 8
Last Checked: Aug 29 at 11:34AM
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
Investment Insights
Based on property information with market context.
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.
Key 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).**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
399
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
Questions? Ask Rey
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Frequently Asked Questions
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).**
