This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

125 Corporate Park Dr

12,320 SF Industrial Building Henderson, NV 89074 $3,700,000 ($300/SF) 4.71% Cap Rate

Investment Highlights

  • High Image Free Standing Building with Gated Yard
  • Close to Freeways
  • 100% Leased

Executive Summary

Excellent Investment Opportunity. Fully leased property with a major corporation. 12,320 sf warehouse with large gated yard and a 1000sf fully air-conditioned office and showroom.

Attachments

OM 125 Corporate Park copy copy copy copy
OM 125 Corporate Park

Data Room Click Here to Access

Financial Summary (Pro forma - 2024)

Annual Annual Per SF
Gross Rental Income $197,412 $16.02
Other Income - -
Vacancy Loss - -
Effective Gross Income $197,412 $16.02
Taxes - -
Operating Expenses $11,500 $0.93
Total Expenses $11,500 $0.93
Net Operating Income $185,912 $15.09

Financial Summary (Pro forma - 2024)

Gross Rental Income
Annual $197,412
Annual Per SF $16.02
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $197,412
Annual Per SF $16.02
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual $11,500
Annual Per SF $0.93
Total Expenses
Annual $11,500
Annual Per SF $0.93
Net Operating Income
Annual $185,912
Annual Per SF $15.09

Property Facts Under Contract

Price $3,700,000
Price Per SF $300
Sale Type Investment
Cap Rate 4.71%
Sale Conditions 1031 Exchange
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
Building Class A
Lot Size 0.82 AC
Rentable Building Area 12,320 SF
No. Stories 1
Year Built 2003
Tenancy Single
Parking Ratio 1.64/1,000 SF
Clear Ceiling Height 22’
No. Drive In / Grade-Level Doors 2

Amenities

  • Cooler
  • Fenced Lot
  • Skylights
  • Yard
  • Air Conditioning

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • SRS Distribution/Heritage Family of Companies
  • Wholesaler
  • 12,320 SF
  • -
  • Triple Net
  • Mar 2029
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
SRS Distribution/Heritage Family of Companies Wholesaler 12,320 SF - Triple Net Mar 2029

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
178-15-611-045
Land Assessment
$202,902
Improvements Assessment
$236,088
Total Assessment
$438,990
Annual Taxes
$0 ($0.00/SF)
Tax Year
2024

zoning

Zoning Code IG, Henderson
IG, Henderson
  • Listing ID: 32654807

  • Date on Market: 8/1/2024

  • Last Updated:

  • Address: 125 Corporate Park Dr, Henderson, NV 89074

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}