±15,730 TOTAL SF
3061 & 3081 BUSINESS LANELAS VEGAS, NV 89103
TWO 100% LEASED SINGLE TENANT INDUSTRIAL BUILDINGSOR POTENTIAL OWNER/USER OPPORTUNITY
3081 BUSINESS LANE
3061 BUSINESS LANE
3061 & 3081 BUSINESS LANE | LAS VEGAS, NV 89103INVESTMENT HIGHLIGHTS
$3,460,000 15,730 SF 4.24%$220/SFASKING PRICE TOTAL SIZE
100%PRICE/SF CAP RATE OCCUPANCY
• Excellent opportunity to acquire single-tenant industrial buildings
• Immediate potential for NOI upside due to below market rent at 3061 Business Lane
• Potential for an owner/user to occupy 3061 Business Lane with upcoming lease expiration
• Potential for future re-development play – Planned land use is “Commercial Tourist” which allows for a variety of commercial uses/developments
• Irreplaceable location next to the heart of the resort corridor and the new Raider’s Stadium
ALLEGIANT STADIUM
3081 BUSINESS LANE
3061 BUSINESS LANE
W. HARMON AVE.
15
Property Features
PROPERTY HIGHLIGHTS
Building Size: ±7,860 SF
Office Area: ±1,000 SF
Clear Height: 18’
Loading: 2 Grade Level Doors
Sprinklers: No
Yard: Potential Secured Yard
Year Built: 1984
Zoning: M-1 (Light Manufacturing)
Planned Land Use: C-T (Commercial Tourist)
3061 BUSINESS LANE
Lease DetailsTenant: Wand Fight Team
Lease Expiration: 4/30/2021
Monthly In-place Rent: $0.74 PSF or $5,796.37
Monthly CAM/NNN: $0.08 PSF or $630.00
Property FeaturesBuilding Size: ±7,870 SF (100% HVAC)
Office Area: ±3,070 SF
Clear Height: 18’
Loading: 2 Grade Level Doors
Sprinklers: No
Yard: Small Secured Yard
Year Built: 1984
Zoning: M-1 (Light Manufacturing)
Planned Land Use: C-T (Commercial Tourist)
Lease DetailsTenant: Pawsh Palace
Lease Expiration: 11/30/2023
Escalations: 3% Annually
Monthly In-place Rent: $0.82 PSF or $6,449.83
Monthly CAM/NNN: $0.08 PSF or $630.00
3081 BUSINESS LANE
• Centrally located with close proximity to the Las Vegas Strip, convention facilities, the new Raiders Stadium and T-Mobile Arena
• Immediate access to the I-15 Freeway via Flamingo Rd. or Tropicana Ave.
• Immediate access to the Las Vegas Strip via Harmon Rd. Overpass
• Direct access to recently completed Harmon Rd. & Valley View Overpass
LOCATION HIGHLIGHTS3061 & 3081 BUSINESS LANE | LAS VEGAS, NV 89103
3061 BUSINESS LANE
ALLEGIANT STADIUMT-MOBILE
ARENA
15
DE
AN
MA
RTI
N D
R.
HARMON OVERPASS
TROPICANA AVE.
• Centrally located with close proximity to the Las Vegas Strip, convention facilities, the new Raiders Stadium and T-Mobile Arena
• Immediate access to the I-15 Freeway via Flamingo Rd. or Tropicana Ave.
• Immediate access to the Las Vegas Strip via Harmon Rd. Overpass
• Direct access to recently completed Harmon Rd. & Valley View Overpass
LOCATION HIGHLIGHTS3061 & 3081 BUSINESS LANE | LAS VEGAS, NV 89103
FLAMINGO RD.
3061 BUSINESS LANE3081 BUSINESS LANE
W. H
AR
MO
NA
VE.
NEW HARMON /
VALLEY VIEW O
VERPASS
THARALDSON ASSEMBLAGE
15
SITE PLAN3061 & 3081 BUSINESS LANE | LAS VEGAS, NV 89103
3061 BUSINESS LANE3081 BUSINESS LANE
W. HARMON AVE.
BUSINESS LANE
JERRY LEWIS WAY
ALD
EBA
RA
N A
VE.
FLOOR PLANS3061 & 3081 BUSINESS LANE | LAS VEGAS, NV 89103
3081 BUSINESS LANE3061 BUSINESS LANE
SECUREDYARD
PARKING
DR
IVE
WA
Y
WAREHOUSE
WAREHOUSE
PARKING
POTENTIALSECURED
YARD
OFFICE
CLICK TO VIEW INTERIOR PHOTOS3061 BUSINESS LANE
CLICK TO VIEW INTERIOR PHOTOS3081 BUSINESS LANE
https://www.facebook.com/pg/wandfightteamgym/photos/?tab=album&album_id=1091168534252051&ref=page_internalhttps://www.pawshpalacelv.com/virtual-tour
ZAC ZAHERDirector+1 702 605 [email protected] #BS.0143683
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FOR MORE INFORMATION, CONTACT:
ALMA CUEVASDirector+1 702 688 [email protected] #S.0180089.LLC
JASON GRIFFISDirector+1 702 688 [email protected] #S.0178374
6725 Via Austi Pkwy., Suite 275 Las Vegas, NV 89119 Main +1 702 796 7900 Fax +1 702 796 7920cushmanwakefield.com
3081 BUSINESS LANE3061 BUSINESS LANE
15
FLAMINGO RD.
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