2900 S Highland Dr, Bldg 20
$4,780,000
2900 S Highland Dr, Bldg 20, Las Vegas, NV 89109
For Sale
Industrial
Flex Space
Active
Last Updated: 11/27/2023
20,000 sqft
Building Size
1 acres
Lot Area
Details:
Building Size: 20,000 sqft
Lot Area: 1 acres
Occupancy: 100%
Units: 8
Year Built: 1980
Floors: 1
Highlights:
- Located in an Opportunity Zone
- Ideally situated for tenants who need freeway or “Strip” access
- Grade High and Dock High Doors available
- Office spaces in each unit
- Value-add opportunity to increase rents
Description:
Situated in the heart of Las Vegas, 2900 S Highland Dr, Bldg. 20 sits as an excellent investment opportunity for prospective buyers.
Positioned in an Opportunity Zone within 1 mile from both the Sahara/ I-15 on-ramp and the famed Las Vegas "Strip", the properties serve as an ideal center for tenants seeking swift access to all corners of the Las Vegas Valley or catering to customers located on the Strip.
With current rents below market rates, there exists the potential to enhance Net Operating Income (NOI) as tenants renew their leases; while also transitioning from Modified Gross to NNN leases.
TBD
Location

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