6750 Boulder Hwy Las Vegas, NV 89122-7467

Property Details for 6750 Boulder Hwy

Year built

1996

Construction

CONCRETE

Lot size

2.48 lot acres

Property size

10,085 SF

Property type

Retail space

APN

161-35-301-002

APU

16135301002

Description

This exceptional Las Vegas industrial property offers a compelling investment opportunity. Located at 6750 Boulder Highway, this fee-simple offering encompasses two buildings totaling 31,463 square feet on a 2.48-acre lot. The property features a Class B designation and benefits from M-1 zoning, providing flexibility for various uses. One building, a 15,596 square-foot warehouse, is currently 49% occupied by a month-to-month furniture manufacturing tenant. The second building, a 15,876 square-foot flex space, is vacant but previously housed a successful adult store (license included). The property boasts three loading docks, approximately 20-foot ceilings, and 28 parking spaces. Its strategic location in southeast Las Vegas offers easy access to major freeways (93 and 95) and proximity to the Las Vegas International Airport (approximately five miles). The asking price is $7,900,000, representing a price per square foot of $251.09 and a pro-forma cap rate of 7.17%. The pro-forma NOI is $566,430. Built in 1978, this property presents a rare chance to acquire a multi-tenant industrial complex with significant upside potential, whether as an owner-user or investor. The land value is $73.13 per square foot. The property includes 3-phase electrical service.