Owner/User Ind Flex Building w/Income - Hughes Airport Center

For Sale

871 Grier Dr, Las Vegas, NV 89119

This Las Vegas property for sale is located at 871 Grier Dr. The current listed sale price for Owner/User Ind Flex Building w/Income - Hughes Airport Center is $13,950,000. Owner/User Ind Flex Building w/Income - Hughes Airport Center is situated on a lot that is 3.36 acre in size.

Contacts

broker

Geoffrey West

Lee & Associates Reno

Property Details

  • Property Type Industrial - Flex - Industrial
  • Property Size 52,676 SF
  • Units 4
  • Lot Size 3.36 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 134
  • Parking Ratio 2.54 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1986
  • Date Updated Sep 23, 2024
  • Grade Level Doors 6
  • HVAC None
Location in Hughes Airport Center south of Airport within high-image 420-acre, 3.3 million SF business park easily accessible to LAS Airport, I-215/I-15 freeways, the Strip/Resort Corridor, and all major convention facilitiesLocation in Hughes Airport Center south of Airport within high-image 420-acre, 3.3 million SF business park easily accessible to LAS Airport, I-215/I-15 freeways, the Strip/Resort Corridor, and all major convention facilities High-image +52,676 SF office/warehouse building consisting of 4 units, two of which are leased generating $31,677/month in tenant income (including NNN reimbursements) with WALT of 1.8y remaining and extension options of 3y/5y at 95% of FMV. New roof in 2023. Existing vacancy is a former telco switch and configured with 1200 amps, over 180 tons of HVAC, 1000kW backup generator, secure interior dock loading, adequate office and training area and when combined with upcoming vacancy (1/31/25) provides a combined +27,695sf space with 4 oversized grade level loading doors (including 2 interior loading docks – 1 temp filled) This rare acquisition opportunity within Hughes Airport Center provides an owner/user with additional income to offset occupancy cost, provides additional upside, and potential for future expansion while qualifying for low-cost SBA financing which reduces occupancy cost by almost 40% over leased space

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Highlights

  • STRATEGIC AIRPORT SUBMARKET LOCATION
  • OWNER/USER PROPERTY WITH INCOME
  • SPECIALIZED BUILDOUT AND EQUIPMENT
  • RARE HUGHES AIRPORT CENTER ACQUISITION OPPORUTNITY

Getting around

  • 35/100

    Walk Score ®

  • 37/100

    Transit Score ®

  • 41/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Las Vegas, NV
  • Neighborhood Paradise
  • Zip Code 89119
  • Market Las Vegas

Points of Interest

  • Terminal 1 - Blue Line

    1.14 miles

  • Terminal 3 - Red Line

    1.27 miles

  • Rideshare pickup for T1 (level 2M)

    1.29 miles

  • Rideshare staging for LAS

    1.34 miles

  • Rideshare pickup for T3 (valet level)

    1.35 miles

  • Luxor

    2.50 miles

  • Rideshare Pickup

    2.66 miles

  • Park MGM Tram Station

    3.16 miles

  • The Crystals Tram Station

    3.24 miles

  • Bally's/Paris Las Vegas

    3.30 miles

  • Arco

    0.77 miles

  • Shell

    1.13 miles

  • Sinclair

    1.31 miles

  • Speedway

    1.59 miles

  • Tesla Supercharger

    1.64 miles

  • Chevron

    1.70 miles

  • Chevron

    1.77 miles

  • 7-Eleven

    1.80 miles

  • Chevron

    2.11 miles

  • Shell

    2.14 miles

  • Ace Car Rental

    1.18 miles

  • nü

    1.28 miles

  • Harry Reid Airport Rent-A-Car Center

    1.29 miles

  • Budget

    1.30 miles

  • Alamo

    1.32 miles

  • Foster Day

    1.83 miles

  • Dollar

    2.44 miles

  • Fox

    3.21 miles

  • Dream Cars

    4.50 miles

  • Escape Campervans

    4.65 miles

  • Fresh Kabob

    0.56 miles

  • Sbarro

    0.84 miles

  • Burger King

    0.84 miles

  • Las Mkt

    0.85 miles

  • Tequila Grille

    0.85 miles

  • Jose Cuervo Tequileria

    0.86 miles

  • Red Mango

    0.87 miles

  • The great American Bagel Bakery

    0.87 miles

  • Auntie Anne’s

    0.88 miles

  • Metro Pizza

    0.88 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Geoffrey West

Lee & Associates Reno