3705 E. Post Rd., Las Vegas, NV 89120

— Recently Sold • Represented Buyer —

List Price$3.7MM

Size: +/- 13,000 SF

Occupancy: 100%

Property Information

LOGIC Commercial Real Estate is pleased to present a rare opportunity to acquire ownership in a first-class, modern marijuana cultivation facility. Tenant holds one of the few coveted marijuana grow/cultivation/production licenses. This single-tenant triple net (NNN) industrial building is located just west of the corner of E. Post Rd. and S. Sandhill Rd. in an established industrial area.

The property consists of +/-13,000 SF of gross leasable area; zoned Designed Manufacturing (M-D) on +/- 0.85 AC. The building is secure, has highly upgraded utilities rarely seen, is 100% leased and is less than 2-miles from McCarran International Airport.

Investment Highlights

  • Potential owner carry
  • Single-tenant NNN
  • 4 years remaining on initial term
  • 2 (5) year options to renew
  • 3 percent rental increases annually
  • 2021 NOI $351,000
  • More than $2.5MM in tenant improvements
  • Highly upgraded utilities
  • Regional access via CC 215 Beltway & US-95
  • Surrounded by industrial complexes

Contact

Brokerage

Ted Baker

Senior Vice President
Las Vegas
License S.0016378
O 702.954.4139
C 702.768.8682
More Info
Brokerage

Amelia Henry, CCIM

Vice President
Las Vegas
License BS.0144825
linkedin-square
O 702.954.4148
C 702.824.1614
More Info