125 Corporate Park Dr Henderson, NV 89074-8726

This exceptional Class A, 12,320-square-foot distribution center in Henderson, Nevada presents a compelling investment opportunity. Located at 125 Corporate Park Dr, 89074, this single-story building, constructed in 2004, sits on a 0.82-acre lot and boasts a 22-foot ceiling height. Currently 100% occupied by a single tenant under a NNN lease with a corporate guarantee, the lease commenced March 1, 2019, and has a remaining term of nine years, renewing annually through March 1, 2034. The property features two loading docks with two dock-high doors, providing efficient logistics. With an asking price of $3,700,000, the property offers a current cap rate of 4.71% and a pro-forma cap rate of 5.34%, reflecting a strong NOI of $174,270 and a pro-forma NOI of $197,412. The annual rent bumps ensure consistent income growth. The property is zoned I-G and includes ample parking (1.64 spaces per 1,000 square feet). This fully leased investment property offers a secure and profitable return with significant upside potential. The land value is $301 per square foot. The property's strong tenant history and favorable lease terms make it an attractive addition to any investment portfolio.