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Two-Story Flex Space
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90 Corporate Park Dr, Henderson, NV 89074

Office and warehouse components provide a versatile commercial configuration with loading, power, and mezzanine space.

Property Size4,920 SF
Price / SF$294.72
Days on Market177

Property Features for 90 Corporate Park Dr

General Information

Standard status Active
Size 4,920 SF
Property subtype Industrial
Zoning IG - Henderson

Warehouse & Industrial

Clear Height 21 ft
Office Build-Out 3,402 SF
Drive-In Doors 1
Voltage 208 V
Three-Phase Power Yes
Conditioned Warehouse Yes

Additional Details

Floor 1st and 2nd
Office Units 1

Building Details

Year Built 2007
Year Renovated 2017
Buildings 1
Stories 2
Listing Agency: RealComm Advisors
Listed By: Jen Levine · License #NV BS.0145723
Source: Crexi
Added: Apr 22 Changed: Oct 11 Last Checked: Oct 14 at 11:51PM

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 RealComm Advisors

Investment Insights

Based on property information with market context.

Located at 90 Corporate Park Dr, Suite 110 is a 4,920 SF flex suite combining office and warehouse areas. The office component totals 3,402 SF across two levels, with 2,224 SF on the first floor and 1,178 SF upstairs. Warehouse improvements include a mezzanine, skylights, metal halide lighting, and a 21-foot clear height.

The warehouse is supported by one 12' x 14' grade-level loading door and two 225 Amp panels providing 120/208 Volt, 3-Phase Power. The property was built in 2007 and carries IG - Henderson zoning, offering a defined industrial setting for office-warehouse operations.

Key Highlights

  • 4,920 SF two‑story office/warehouse suite
  • 3,402 SF of office space: 2,224 SF first floor and 1,178 SF second floor
  • One 12' x 14' grade‑level loading door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$80,734
Cap Rate
5.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,614,680 $1.6M
Cap Rate 7%
$1,153,343 $1.2M
Cap Rate 9%
$897,044 $897.0K
Market Conditions
NOI Build-Up for 4,920 SF
Gross rent
$130.5K $26.52/SF
− Vacancy
−$22.8K −$4.64/SF
EGI
$107.6K $21.88/SF
− OpEx
−$26.9K −$5.47/SF
NOI
$80.7K $16.41/SF
Area
ZIP 89074
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%
$1,614,680
Cap Rate 7%
$1,153,343
Cap Rate 9%
$897,044

Alternative Uses

Best Use
Office B
$1.15M
$1.01M – $1.35M (±1% cap)
NOI $80,734 @ 7.0% cap · market cap 5.57%
Second Best
Warehouse
$727.3K
$636.4K – $848.6K (±1% cap)
NOI $50,914 @ 7.0% cap · market cap 3.51%
Theoretical Best
Specialty Retail
$1.70M
$1.49M – $1.98M (±1% cap)
NOI $119,005 @ 7.0% cap · market cap 8.21%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

KEEN-TV Television Studio Keen Las Vegas ... Television Studio Four Moon Production Warehouse & Storage Enix Air HVAC Service Syntech, Inc. Land Surveyor

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Barber Shop Accounting Firm Hair Salon Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

21 ft
Clear height
1
Drive-in doors
1
Office units

Location Intelligence

Trade Area within ½ mile

987
Businesses Nearby
Under-served
Demand for This Use

Demographics for 89074, NV

52,243
Population
22,310
Households
2.3
Avg Household Size
42
Median Age
37%
College-Educated
94%
High-School Grad
9.1 sq mi
ZIP Area
5,741
Density / Sq Mi
$85,995
Median Household Income
$48,656
Median Earnings
$1,782
Median Rent
$436,400
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Office and warehouse components provide a versatile commercial configuration with loading, power, and mezzanine space.
Where is this flex space located?
The property is located at 90 Corporate Park Dr Henderson, NV.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 4,920 SF two‑story office/warehouse suite; 3,402 SF of office space: 2,224 SF first floor and 1,178 SF second floor; One 12' x 14' grade‑level loading door
More about this property
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