1112- 1240 S. Commerce St.

Recently Sold
$24.5MM

The Investment Services Group at LOGIC Commercial Real Estate is pleased to present to qualified investors the opportunity to acquire a 100% Leased Industrial Building Portfolio located in an Opportunity Zone at 1112, 1200, 1220, and 1240 S. Commerce Street in Las Vegas, Nevada. The subject property consists of +/- 111,946 square feet of industrial space in 4 buildings located on +/- 10.09
acres of paved and fenced land. Seeing +/- 51,500 vehicles per day, this rare investment opportunity is strategically located between the Las Vegas Strip, Downtown Las Vegas, and has immediate access to the primary north/south I-15 freeway. The property is leased to 3 tenants; Focus Plumbing, LLC (Focus Companies), BrightView Landscape and Menzies Motorsports. Focus Companies master-leases 76% of the total building area on behalf of its various divisions such as Focus Concrete, Focus Fire Protection, Focus Electric and Focus Framing – collectively they occupy all, or portions of, each of the four buildings at 1112, 1200, 1220 and 1240 S. Commerce St. Brightview Landscape, a national landscape development and maintenance company, occupies space at 1200 and 1220 S. Commerce St. Menzies Motorsports, an internationally recognized off-roading race team whose sponsors include Red Bull, Toyo Tires and KMC Wheels, occupies space at 1240 S. Commerce St. The presence of such strong tenancy provides an investor with no landlord responsibilities and a consistent cash flow.

5182 Arville St.

Recently Sold
Represented Seller
$1.56MM

Size +/- 7,040 SF

Cherry Creek Apartments

Recently Sold
Represented Seller
$9.40MM

Size +/- 12,037 SF

Units 56

Royal Apartments

Recently Sold
Represented Seller
$9.50MM

Size +/- 47,466 SF

Units 66

915 E. Dale Ave.

Recently Sold
Represented Seller
Contact Broker

Size +/- 33,900 SF

Occupancy 100%

CONTACT

1580 W. Main St.

Recently Sold
Represented Buyer
$1.01MM

12 Regency Dr.

Recently Sold
Represented Buyer
$2.05MM

Size +/- 14,706 SF

Year Built 1984

CONTACT

The Olympic Apartments

Recently Sold
Represented Seller
$2.10MM

Size +/- 8,041 SF

Units 20

8870 Camp Bowie Blvd.

Recently Sold
Represented Buyer
$2.25MM

Size +/- 5,060 SF

Year Built 2006

145 E. Warm Springs Rd.

Recently Sold
Represented Buyer
$1.2MM

929 Willow St.

Recently Sold
$1.48MM

Size +/- 4,872 SF

 

CONTACT

Matter @ Warm Springs

Recently Sold
Represented Seller
$4.60MM

Size +/- 21,886 SF

APN 176-04-813-016

CONTACT

6225 Annie Oakley Dr.

Recently Sold
Represented Buyer
Confidential

Size: +/- 214,000 SF

Acres +/- 12 AC

CONTACT

2860 S. Jones Blvd.

Recently Sold
$930,000

SIZE: +/- 5,060

PPS: $184

5955 Procyon St.

Recently Sold
$1.6MM

SIZE: +/- 7,882 SF

APN: 161-17-801-008

616 E. John St.

Recently Sold
$2.7MM

Size: +/- 14,260 SF

PSF: $194

CONTACT

6060 Fort Apache Rd.

Recently Sold
Represented Seller
$3.00MM

Size +/- 11,800 SF

3511 E. Harmon Ave.

Recently Sold
Represented Buyer
Represented Seller
$1.67MM

Cap Rate 7.5%

Size +/- 8,935

Kelly Moore

Recently Sold
Represented Seller
$4.5MM

Cap Rate: 4.72%

Year Built: 2020

93 Bell St.

Recently Sold
$725,000

SIZE: +/- 3,339 SF

PSF: $217 PSF

CONTACT

La Rue Apartments

Recently Sold
$1.0MM

SIZE: +/- 2,968 SF

PSF: $354 PSF

2238 Prater Way

Recently Sold
$950,000

SIZE: +/- 4,337 SF

PSF: $219 PSF

CONTACT

Urban West Apartments

Recently Sold
$5.2MM

SIZE: +/- 17,160 SF

PSF: $306 PSF

Roberts St. Apartments

Recently Sold
$725,000

SIZE: +/- 2,951 SF

PSF: $246 PSF

1800 Purdue Dr.

Recently Sold
Represented Seller
$7.60MM

Size +/- 36,120 SF

Units 58

CONTACT

61 Park St.

Recently Sold
Represented Seller
$1.21MM

Size +/- 4,576 SF

Units 13

CONTACT

601 N. Las Vegas Blvd.

Recently Sold
$1.9MM

Size: +/- 4,330 SF

CONTACT

Lamb Carey Business Center

Recently Sold
Represented Seller
$2.29MM

Size +/- 9,551 SF

Cap Rate 8.3%

1325 Prater Way

Recently Sold
$750,000

Size: +/- 3,510 SF

Units: 4

CONTACT

Moya Blvd. Land

Recently Sold
$925,000

Size +/- 11 AC

APN 090-030-22

Wildcreek Business Park

Recently Sold
$495,000

Size: +/- 3,004 SF

PSF: $165 PSF

620 E. Plumb Ln.

For Sale
Recently Sold
Represented Seller
$640,000

Size: +/- 4,704 SF

PSF: $154 PSF

8745 Technology Way, Suite C

Recently Sold
Represented Buyer
$625,000

Size +/- 7,442 SF

Zoning PUD

CONTACT

6560 W. Warm Springs

Represented Buyer
$3.1MM

Size: +/- 4,900 SF

CONTACT

Enclave

Represented Seller
$16.9MM

SIZE: +/- 71,309

PSF: $238

 

Hacienda Heights

Represented Seller
$33.7MM

Size: +/- 192,600 SF

Units: +/- 216 Units

 

 

421 W. Plumb Ln.

Recently Sold
Represented Seller
$900,000

Size: +/- 4,440 SF

PSF: $245

Harbour Center

Recently Sold
Represented Seller
$5.40MM

Size +/- 12,040 SF

Occupancy 100%

CONTACT

Volunteer and Amigo Land

Represented Seller
CONTACT BROKER

Size: 10 AC

CONTACT

3635 Polaris Ave.

Recently Sold
Represented Buyer
$1.30MM

Size: +/- 5,461 SF

Wigwam Industrial

Represented Buyer
$1.0MM

Size: +/- 7,182 SF

 

Menlo Manor

Recently Sold
$7.5MM

Units: 75

Cap Rate: 5.26%

CONTACT

1734 Highway 395

Represented Seller
$1.8MM

Size: +/- 3,009 SF

Acreage: +/- 0.60 AC

Coronado Canyons

Recently Sold
$543,840

Size: +/- 2,472 SF

Timbers

Represented Buyer
$2.9MM

Size: +/- 1.02 AC

CONTACT

1415 W. Cheyenne

Recently Sold
$1.0MM

Size: +/-1.00 AC

3333 Meade Ave.

Represented Seller
$4.9MM

Size: +/- 61,430 SF

CONTACT

The 2592

Represented Seller
$2.2MM

Units: 22

PSF: $170

CONTACT

Emerald Suites Portfolio

Represented Buyer
Price Confidential

Unit Count: 851

Town House Motor Lodge

Represented Seller
$1.0MM

Size: +/- 7,255 SF