3705 E. Post Rd.

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

— Recently Sold • Represented Buyer —

$3.73MM

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

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