Tech-Appeal Flex Building For
5 Longevity Dr Henderson, NV 89014
5 Longevity Dr, Henderson, NV, 89014
Contact for pricing
For Sale
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Freestanding industrial building converted into tech company office and training space.
Property Size8,751 SF
Price / SF$277.11
Days on Market1274
Property Features for 5 Longevity Dr
General Information
- Standard status
- Active
- Size
- 8,751 SF
- Property subtype
- Office
Building Details
- Year Built
- 1982
Listing Agency
Simply Vegas Commercial
Listed by
Ryan Misaresh, LEED AP · License #NV S.0174644.LLC
Source
Crexi
Added: Jan 23, 2023 Updated: Jul 10 at 11:19 am Checked: Jul 19 at 6:48 am
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 Simply Vegas Commercial
Investment Insights
Based on property information with market context.
The property is a high-image, tech-appeal flex building located off the Sunset Road corridor, between Green Valley and Henderson. The freestanding industrial building has an area of approximately 8,712 square feet and has been converted into an office and training environment suitable for a tech company. The interior features full glass partitions throughout, including a floating conference room. The building is equipped with heavy power and Cox Fiber, and has full HVAC throughout. The property is located approximately 300 feet from the Ethel M Chocolate factory, which includes a retail café. It is also located approximately 10 minutes from the Las Vegas Strip and 5 minutes from shopping centers in Henderson.
Key Highlights
- Ideal office and training environment for a tech company.
- Freestanding industrial building with tech appeal.
- Full glass partitions throughout, including a floating conference room.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $232.1k | $26.52 |
| − Vacancy | −$40.6k | −$4.64 |
| EGI | $191.5k | $21.88 |
| − OpEx | −$47.9k | −$5.47 |
| NOI | $143.6k | $16.41 |
8,751 SF · lease $26.52/SF/yr · vacancy 17.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.05M
$1.79M – $2.39M
NOI $143,597 @ 7.0% cap · market cap 5.92%
Second Best
Industrial
$1.07M
$932.2K – $1.24M
NOI $74,577 @ 7.0% cap · market cap 3.08%
Theoretical Best
Specialty Retail
$3.07M
$2.68M – $3.58M
NOI $214,587 @ 7.0% cap · market cap 8.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
LivSmart
Security Service
LivSmart Solar
Solar Energy Company
West Coast Trial ...
Law Firm
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Freestanding industrial building converted into tech company office and training space.
Where is this office building located?
The property is located at 5 Longevity Dr Henderson, NV.
What is the asking price?
The asking price for this property is $2,425,000.
What are key features of this property?
This property features: Ideal office and training environment for a tech company.; Freestanding industrial building with tech appeal.; **Full glass partitions throughout, including a floating conference room.**
