Henderson Warehouse with Office
For Sale
Contact for pricing
7490 Commercial Way, Henderson, NV 89011
27,748 SF warehouse with office in Henderson, Nevada.
Property Size24,748 SF
Lot Size1.47 Acres
Price / SF$323.26
Days on Market214
Property Features for 7490 Commercial Way
General Information
Standard status
Active
Size
24,748 SF
Class
B
Total Parking Spaces
51
Lot size
1.47 Acres
Property subtype
Industrial
Zoning
IG, Henderson - General Industrial
Investment Type
Owner/User
Building Details
Year Built
2001
Buildings
1
Stories
2
Units
1
Listing Agency:
Northcap Commercial
Listed By:
Derek Belanus · License #NV BS.143114.PC
Source:
Crexi
Added: Mar 9
Changed: Sep 22
Last Checked: Oct 7 at 11:12AM
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 Northcap Commercial
Investment Insights
Based on property information with market context.
The property at 7490 Commercial Way is a freestanding building with a total area of approximately 27,748 square feet, situated on approximately 1.47 acres. The building includes approximately 3,300 square feet of office space and approximately 24,448 square feet of warehouse space. The warehouse is equipped with two dock-high loading doors, one of which has a pit leveler, and two grade doors. The property has approximately 51 parking stalls and a fenced and secured dock area. It features a clear height of approximately 24 feet and electric grade doors. The property is zoned IG and has approximately 400 Amps, 277/480V, 3-phase power. Located in the Henderson submarket.
Key Highlights
- ±27,748 SF freestanding building on ±1.47 Acres
- Boasts ±24,448 SF warehouse space with an impressive ±24' clear height**
- Features two dock high loading doors (with one pit leveler) and two grade doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$406,096
Cap Rate
5.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,121,920
$8.1M
Cap Rate 7%
$5,801,371
$5.8M
Cap Rate 9%
$4,512,178
$4.5M
Market Conditions
NOI Build-Up for 24,748 SF
Gross rent
$656.3K $26.52/SF
− Vacancy
−$114.9K −$4.64/SF
EGI
$541.5K $21.88/SF
− OpEx
−$135.4K −$5.47/SF
NOI
$406.1K $16.41/SF
Area
ZIP 89011
Vacancy
17.50%
Lease Rate
$26.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,121,920
Cap Rate 7%
$5,801,371
Cap Rate 9%
$4,512,178
Alternative Uses
Best Use
Office B
$5.80M
$5.08M – $6.77M
NOI $406,096 @ 7.0% cap · market cap 5.08%
Second Best
Warehouse
$3.66M
$3.20M – $4.27M
NOI $256,100 @ 7.0% cap · market cap 3.20%
Theoretical Best
Specialty Retail
$9.16M
$8.02M – $10.69M
NOI $641,468 @ 7.0% cap · market cap 8.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
663
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 89011, NV
34,456
Population
15,505
Households
2.2
Avg Household Size
40
Median Age
37%
College-Educated
90%
High-School Grad
16.5 sq mi
ZIP Area
2,088
Density / Sq Mi
$93,881
Median Household Income
$46,604
Median Earnings
$1,725
Median Rent
$458,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Warehouse - 27,748 SF warehouse with office in Henderson, Nevada.
Where is this warehouse located?
The property is located at 7490 Commercial Way Henderson, NV.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: ±27,748 SF freestanding building on ±1.47 Acres; Boasts ±24,448 SF warehouse space with an impressive ±24' clear height**; Features two dock high loading doors (with one pit leveler) and two grade doors
