Las Vegas Industrial Investment
For Sale
Contact for pricing
Pending
7201 W Post Rd, Las Vegas, NV 89113
Single-tenant industrial property in Southwest Las Vegas, fully leased.
Property Size80,677 SF
Lot Size4.65 Acres
Days on Market157
Property Features for 7201 W Post Rd
General Information
Standard status
Pending
Size
80,677 SF
Class
A
Lot size
4.65 Acres
Property subtype
Industrial
Zoning
M-D
Occupancy
100%
Lease Type
NNN
Investment Type
Stabilized
Building Details
Year Built
2007
Tenancy
Single
Listing Agency:
Colliers - Los Angeles - Orange County, California
(602) 499-1272
Listed By:
Kenny Patricia · License #CA 01999969
Source:
Crexi
Added: Mar 9
Changed: Aug 8
Last Checked: Aug 8 at 6:28AM
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 - Los Angeles - Orange County, California
Investment Insights
Based on property information with market context.
The property at 7201 West Post Road is an approximately 80,677 square-foot, single-tenant industrial investment located in the Southwest Las Vegas submarket. Constructed in 2007 on approximately 4.65 acres, the property is 100% leased to Mercy, Inc. d.b.a. Battle Born EMS Health and Science Institute, a division of American Medical Response (AMR). The tenant is a nationally recognized medical transportation provider operating across 40 states. The property features approximately 34,764 square feet of two-story office space and approximately 45,913 square feet of warehouse space. The warehouse has a 25' clear height, ESFR fire suppression, multiple dock-high and grade-level doors, and ample parking.
Key Highlights
- 100% leased to Mercy, Inc. d.b.a. Battle Born EMS Health and Science Institute, a division of American Medical Response (AMR), a nationally recognized medical transportation provider.
- Located in the highly sought‑after Southwest Las Vegas submarket.
- Stable cash flow backed by an essential‑service tenant.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$1,241,619
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.53%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$24,832,380
$24.8M
Cap Rate 7%
$17,737,414
$17.7M
Cap Rate 9%
$13,795,767
$13.8M
Market Conditions
NOI Build-Up for 80,677 SF
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.
Gross rent
$1.94M $24.00/SF
− Vacancy
−$280.8K −$3.48/SF
EGI
$1.66M $20.52/SF
− OpEx
−$413.9K −$5.13/SF
NOI
$1.24M $15.39/SF
Area
Las Vegas, NV
Vacancy
14.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$24,832,380
Cap Rate 7%
$17,737,414
Cap Rate 9%
$13,795,767
Alternative Uses
Best Use
Office B
$17.74M
$15.52M – $20.69M
NOI $1,241,619 @ 7.0% cap · market cap 6.53%
Second Best
Warehouse
$8.31M
$7.27M – $9.70M
NOI $581,959 @ 7.0% cap · market cap 3.06%
Theoretical Best
Specialty Retail
$27.88M
$24.39M – $32.52M
NOI $1,951,411 @ 7.0% cap · market cap 10.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,562
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 89113, NV
35,829
Population
16,151
Households
2.2
Avg Household Size
38
Median Age
39%
College-Educated
90%
High-School Grad
10.8 sq mi
ZIP Area
3,318
Density / Sq Mi
$88,750
Median Household Income
$48,342
Median Earnings
$1,759
Median Rent
$463,900
Median Home Value
Market
Vacancy Rate% for Office in Las Vegas, NV
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Storage Depot - Rainbow — 6240 S Rainbow Blvd, Las Vegas, NV 89118
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- Move 4 Less - Movers Las Vegas — 6630 Arroyo Springs St, Las Vegas, NV 89113
Frequently Asked Questions
What type of property is this?
Warehouse - Single-tenant industrial property in Southwest Las Vegas, fully leased.
Where is this warehouse located?
The property is located at 7201 W Post Rd Las Vegas, NV.
What is the asking price?
The asking price for this property is $19,000,000.
What are key features of this property?
This property features: 100% leased to Mercy, Inc. d.b.a. Battle Born EMS Health and Science Institute, a division of American Medical Response (AMR), a nationally recognized medical transportation provider.; Located in the highly sought‑after Southwest Las Vegas submarket.; Stable cash flow backed by an essential‑service tenant.
