3108 LOSEE ROAD, NEVADA 89030
N DURANGO DRIVE S RAINBOW BLVD N DECATUR BLVD S DECATUR BLVD VIEW ROAD SIMMONS STREET MARTIN LUTHER KING JR BLVD N 5TH STREET N EASTERN AVE S PECOS ROAD N HOLLYWOOD BLVD W PACIFIC AVE FOR LEASE - INDUSTRIAL BUILDING SITUATED ON ±3.31 ACRES FOR LEASE $.45PSF/MO., NNN $.10PSF/MO., CAMS PROPERTY HIGHLIGHTS LOCATION: 3108 North Losee Road North Las Vegas, NV SUMMERLIN 89030 APN: 139-14-102-003, 004 BUILDING SIZE: ACREAGE: 3.31 LAND AREA SQUARE FOOTAGE: YEAR BUILT: 1984 SITE COVERAGE: 35% ±58,400 SF (to be verified) ±144,184 SF NUMBER OF BUILDINGS: One (1) ZONING: CURRENT OCCUPANCY: CLEARANCE: 23-24 PARKING: ROOF TYPE: DOCK-HI TRUCK DOORS: DOCK-HI TRUCK LOADING APRON: GRADE LEVEL LOADING DOORS: ROOF INSULATION: EVAPORATIVE COOLED WAREHOUSE: NATURAL GAS: FLOOD ZONE: POWER: FIRE SPRINKLERS: BUS LINE: M2 (Heavy Industrial) COLONY Vacant (offices are partially occupied by current owner) Ample with yard space Built-Up Roof System (3yrs old) Two (2) (±12 X14 ) Capacity of four (4) stations Two (2) Doors (±12 x14 ) No 800 amps 3-Phase Power (Expandable) (directly across on west side of Losee Road) RED ROCK BEAR S BEST PROVIDENCE SUNRISE RHODES DURANGO HILLS SUN CITY HIGHLAND PALM FALLS EAGLE CREST KYLE GATEWAY SIENA TPC AT S BADLANDS PECCOLE THE LAKES SPRING TPC AT SUMMERLIN ANGEL PARK GATE 147 OAD DESERT SHORES S DURANGO DRIVE W SAHARA AVE AVENUE 2 W CHARLESTON BLVD BUFFALO DRIVE W WARM SPRINGS ROAD WINDMILL LN BLUE DIAMOND ROAD GOMER ROAD S EDGE PKWY S EDGE W CACTUS AVE ELKHORN SPRINGS SUMMERLIN PARKWAY WESTCLIFF DRIVE W WIGWAM AVE SILVERSTONE PAINTED DESERT BUFFALO DRIVE S BUFFALO DRIVE W SUNSET ROAD 5 SPRING SPANISH TRAIL NEVADA TRAILS 5 S RAINBOW BLVD N RAINBOW BLVD S JONES BLVD BLVD 599 SMOKE ROAD W LAKE MEAD BLVD W WASHINGTON DRIVE ALTA DRIVE HACIENDA AVE VEGAS DRIVE N JONES BLVD N JONES BLVD CORONADO IRON LOS PRADOS O ALTA MIRA 9 589 502 593 UNION PACIFIC RR W CACTUS AVE N DECATUR BLVD W RUSSELL ROAD SHINNECOCK HILLS AVE ANN ROAD NORTH AIRPORT N O DR MUNICIPAL SPRING RD W SILVERADO BLVD SOUTHERN HIGHLANDS DEAN MARTIN DR SOUTHERN HIGHLANDS ALIANTE NORTH 574 604 604 EL DORADO O DEL NORTE 147 TROPICANA AVENUE SOUTH BLVD INDUSTRIAL ROAD THE STRIP WARM SPRINGS ROAD WINDMILL LANE PARADISE RD CAMINO AL NORTE BERMUDA RD 573 W CHEYENNE AVENUE BALI MC CARRAN HAI INT L AIRPORT E PEBBLE ROAD St Rose Parkway CRAIG ROAD E SAHARA AVE MARYLAND PARKWAY E ST LOUIS AVE MARYLAND PARKWAY WASHBURN RD WYNN CC UNLV SILVERADO BOULEVARD MALL HENDERSON EXECUTIVE AIRPORT 146 ANTHEM INSPIRADA 93 2 DESERT PINES 5 93 607 FLAMINGO ROAD SEV N BRUCE ST 607 E Evans Ave E RUSSELL ROAD S EASTERN AVENUE SHADOW CREEK FREMONT ST Belmont St E PATRICK ROAD SUNSET PARK SOUTHFORK SEVEN HILLS ROAD PECOS ROAD E DESERT INN ROAD UNION PACIFIC RR S SANDHILL ROAD N BLVD E Carey Ave GREEN SUNRIDGE RIO SECCO E SUNSET ROAD REVERE DEL WEBB S GREEN PARKWAY LAMB BLVD WILDHORSE UPRR 612 VALLE VERDE DR DEL WEBB SUN CITY WEST ANTHEM LEGACY E OWENS AVENUE E WASHINGTON AVE DESERT ROSE 582 N ARROYO GRANDE BLVD E BONANZA ROAD WHITNEY SUNRISE VISTA STEWART AVENUE E CHARLESTON BLVD ROYAL LINKS STALLION BOULDER HWY N STEPHANIE STREET AMERICAN PACIFIC DR W HORIZON RIDGE PKWY DRAGON RIDGE VEGAS DRIVE S HOLLYWOOD BLVD 93 GIBSON 5 BROADBENT BLVD E LAKE MEAD BLVD N LOS FELIIZ ST EAST EASTGATE RD MACDONALD MACDONALD HIGHLANDS MOTOR SPEEDWAY NELLIS AFB 582 PABCO ROAD E VAN WAGENEN ST 5 S WATER ST GREENWAY RD E PARADISE H TUSCANY BLACK HE
FIRST FLOOR GRADE LEVEL DOOR GRADE LEVEL DOOR ±6,400 SF OPEN/SHOWROOM SPACE WAREHOUSE ±44,800 SF (280 X 160 ) NOTE: ALL SQUARE FOOTAGE TO BE VERIFIED 40 X 40 COLUMN SPACING 23 CLEAR HEIGHT DOCK HIGH LOADING DOCK HIGH LOADING SECOND FLOOR ±6,400 SF 6 OFFICES 1 TECH ROOM 1 STORAGE AREA 2 RESTROOMS CONFERENCE ROOM LARGE BREAK AREA WITH KITCHENETTE Copyright 2016 Colliers International. Information herein has been obtained from sources deemed reliable, However its accuracy cannot be guaranteed. The user is required to conduct their own due diligence and verification.
PROJECT HIGHLIGHTS Colliers International is exclusively offering the opportunity to acquire a unique industrial building located in North Las Vegas, Nevada with superior exposure, secure yard, and excellent access to Interstate freeway off Cheyenne. The CAP Industrial building is located at 3108 North Losee Road, and is a class B industrial building. The building was built in 1984, is ±58,400 SF with 800amps of 3phase power. It is well designed for a user that needs a large secured yard given that the building is situated on 3.31 acres, and zoned M2 (City of North Las Vegas). The yard provides ample onsite parking, trucking access, and excellent ingress and egress to the property. The warehouse has 40x40 column spacing with 24 clear height, a concrete dock apron that allows up to four dock high loading stations, 2 additional dock high loading doors, and 2 grade level loading doors. The building roof is three years old, the exterior of the building was recently painted, the yard is set to receive a new slurry seal coating, and the property includes additional office space (trailer) within the northeast corner of the yard. MARKET OVERVIEW Industrial vacancy has been on the decline since the first quarter of 2012, dropping from a high of 14.0 percent then to the current vacancy rate of 5.5 percent. The 20 Five and a half ( 5.5%) percent vacancy rate is the lowest industrial vacancy recorded since the third quarter of 2007, when vacancy was four point seven percent (4.7%). Southern Nevada is quite strong, and the total amount of occupied industrial space is now 9.3 million square feet greater than it was in the first quarter of 2008, when industrial occupancy peaked at 104 million square feet before the onset of the downturn in the market. The weighted average asking lease rate for industrial space increased to $0.65 psf NNN at the end of Q1, 2016. Units leased in the first quarter of 2016 had effective lease rates that averaged 106.3 percent of asking rates. This indicates that more increases in asking rental rates will occur in 2016. As rental rates climb, we can expect to continue to see new industrial developments becoming more viable.