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    4069 Dean Martin Drive, Las Vegas, NV 89103

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    Lease flexible warehouse-and-office configurations across multiple buildings to match a range of operational needs.

    Type:Industrial
    Property size:
    6,602 SF
    Added:
    Jun 3, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 6 at 4:43 am

    Property Features for 4069 Dean Martin Drive

    General Information

    Standard status
    Active
    Size
    6,602 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1988

    Spaces For Lease

    at 4069 Dean Martin Drive Contact us

    We can help!

    Listing Contact
    Ali Roesener
    Ali Roesener

    Listing agent Ali Roesener License #NV 0175656

    Listing office Gatski Commercial

    Listing date Jun 3, 2026

    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 Gatski Commercial

    HighLights

    • Centerpoint Industrial in Las Vegas offers multiple industrial spaces for lease across six buildings on Dean Martin Drive.
    • Warehouse‑and‑office configurations are available, ranging from 1,784 to 6,602 SF.
    • Spaces feature flexible office and warehouse combinations designed to suit different operational needs.
    • Buildings were constructed in 1988.

    Overview

    Centerpoint Industrial offers multiple industrial spaces for lease with flexible warehouse and office configurations. The campus includes six buildings, with available layouts designed to combine office and warehouse areas depending on the space requirement.

    The property is located on Dean Martin Drive in Las Vegas, Nevada, and the available spaces range from 1,784 to 6,602 square feet. This mix of configurations supports different tenant needs for both working space and dedicated office use.

    For tenants seeking a single location that can accommodate varied office-and-warehouse requirements, these units provide options within the same industrial center. Availability across multiple buildings makes it practical for operations that need tailored combinations of warehouse function and office space, rather than a one-size-fits-all layout.
    Location Intelligence

    Current Use by Public Records

    Leading Edge Scaffold General Contractor

    Suggested Use

    Real Estate Agency Restaurant Law Firm Dental Office Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Similar Places Nearby

    • JBM Group LLC — 6478 Windy St, Las Vegas, NV 89119
    • Air Culinaire Worldwide - Inflight Catering Las Vegas — 3720 W Oquendo Rd, Las Vegas, NV 89118
    • Cootoh - Private Chef Marketplace — 6943 S Las Vegas Blvd Ste. 2A105, Las Vegas, NV 89119

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.183504
    Latitude
    36.114423

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    FAQs

    What type of property is this?
    Flex space - Lease flexible warehouse-and-office configurations across multiple buildings to match a range of operational needs.
    Where is this flex space located?
    The property is located at 4069 Dean Martin Drive Las Vegas, NV.
    What are key features of this property?
    This property features: Centerpoint Industrial in Las Vegas offers multiple industrial spaces for lease across six buildings on Dean Martin Drive.; Warehouse‑and‑office configurations are available, ranging from 1,784 to 6,602 SF.; Spaces feature flexible office and warehouse combinations designed to suit different operational needs.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Ali Roesener
    Ali Roesener
    Real Estate License ID: NV 0175656
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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