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Industrial Flex Space with Extensive Buildout
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871 Grier Dr, Las Vegas, NV 89119

Industrial flex space with extensive buildout, ideal for various uses.

Space SizeContact for details
Property Size52,676 SF
Days on Market1031

Property Features for 871 Grier Dr

General Information

Standard status Active
Size 52,676 SF
Class B
Property subtype Office, Industrial, Special Purpose
Lease Type NNN

Building Details

Building Size 52,676 SF
Year Built 1986
Tenancy Multiple

Spaces For Lease

at 871 Grier Dr Contact us

17k-28k SF - Ind Flex - High Power Potential

Type
Industrial, Office, Special Purpose
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Lee & Associates - Las Vegas
Listed By: Geoffrey West · License #NV BS.0044998
Source: Crexi
Added: Nov 2, 2023 Changed: Aug 25 Last Checked: Aug 26 at 3:28PM

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 Lee & Associates - Las Vegas

Investment Insights

Based on property information with market context.

This industrial flex space, ranging from 17,360 to 27,811 square feet, is located in Hughes Airport Center, a 420-acre business park with 3.3 million square feet, south of the airport. The property offers convenient access to the Strip, the airport, and the I-215 and I-15 freeway corridors. It features an extensive buildout from its previous use as a switch facility for Sprint PCS/T-Mobile, including open office and perimeter offices, data room areas, and an internal secured loading dock. The space is equipped with a minimum of 180 tons of HVAC and a minimum of 1200 amps of 3-Phase power, approximately 1MW. The property includes Liebert CRAC units, a Vertiv Liebert EXM UPS, FM-200 Clean Agent Tanks & Fire Panel System, a 1000kW Caterpillar Diesel Generator, and a 6,000-gallon diesel storage tank. The space can be converted to a standalone data center with existing infrastructure and equipment. Alternatively, the office space can be reduced to 3,500-4,000 square feet and reconditioned with modern commercial-grade finishes, resulting in approximately 13,000 square feet of EVAP cooled warehouse space. The combined 27,811 square feet space would offer an additional 4,932 square feet of office space and 5,295 square feet of warehouse space, providing a minimum of 8,500-9,000 square feet of office space and over 18,000 square feet of warehouse space with two interior dock wells for loading and substantial power availability. The property is vacant.

Key Highlights

  • Reduced lease rate to $1.35psf NNN with landlord covering office reconditioning costs.
  • Turnkey opportunity for a dedicated data center user with existing infrastructure and equipment (Liebert CRAC units, UPS, generator, etc.).
  • Extensive power infrastructure:** minimum 1200 amps of 3‑Phase power (~1MW) and 1000kW Caterpillar Diesel Generator with 6,000‑gallon diesel storage tank.

Property Analytics

Current Use

Preferred Homecare Home Health Care Service PDS Gaming, LLC Financial Advisor Sprint Switch Corporate Office FOUNDERS HEALTHCARE, LLC Production Facility Sisu Healthcare Solutions Home Health Care Service

Suggested Use

Top Pick Dental Office Real Estate Agency Auto Repair Shop Hair Salon Nail Salon Skin Care Clinic

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

NNN (Triple Net)
Lease Type
$2.43 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

586
Businesses Nearby
Under-served
Demand for This Use

Demographics for 89119, NV

48,895
Population
24,756
Households
2
Avg Household Size
36
Median Age
20%
College-Educated
84%
High-School Grad
12.9 sq mi
ZIP Area
3,790
Density / Sq Mi
$46,472
Median Household Income
$32,590
Median Earnings
$1,184
Median Rent
$301,000
Median Home Value

Market

Lease Benchmarks for Las Vegas, NV

$11.97 /SF/Yr
Avg Asking Price
$11.88–$12 /SF/Yr
Price Range
20,586 SF
Avg Space Size

This space is priced 35% above the average of $11.97 /SF/Yr.

Vacancy Rate% for Industrial in Las Vegas, NV

5.6% 2019
6.2% 2020
2.1% 2021
2.1% 2022
3.3% 2023
10.3% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Industrial flex space with extensive buildout, ideal for various uses.
Where is this flex space located?
The property is located at 871 Grier Dr Las Vegas, NV.
What is the lease rate?
The lease rate is $16.20 SF/Yr.
What are key features of this property?
This property features: Reduced lease rate to $1.35psf NNN with landlord covering office reconditioning costs.; Turnkey opportunity for a dedicated data center user with existing infrastructure and equipment (Liebert CRAC units, UPS, generator, etc.).; Extensive power infrastructure:** minimum 1200 amps of 3‑Phase power (~1MW) and 1000kW Caterpillar Diesel Generator with 6,000‑gallon diesel storage tank.
(702) 210-6333 Call to check price and availability
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