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I-15 North Distribution Center III 3360 N Lamb Blvd

166,486 SF Vacant 4-Star Industrial Building Las Vegas, NV 89115 For Sale

Investment Highlights

  • Compelling Basis - Attractive basis relative to replacement cost which is estimated to be in the $269 PSF range
  • Exceptional Rent Growth - High rent growth market — Average annual rent growth of 10.5% since 2020
  • Mission Critical - Vesta warehouses and distributes food products to its clients on the Las Vegas strip
  • Premium Location - 7 minutes to arterial I-15 in the heart of Las Vegas’s premier industrial corridor
  • Ideal Size Range - Vacancy in the the Sub 200K SF size range (3.4%) is 290 bps tighter than the market average
  • Strong North Las Vegas Demand - The submarket recorded 70% of Las Vegas net absorption YTD (1.6 MSF)

Executive Summary

CBRE, Inc., as an exclusive broker, is pleased to present the opportunity to acquire I-15 North Distribution Center III, two recently constructed, Class A distribution buildings in the sought after North Las Vegas submarket totaling 238,516 SF. Building 2 is 72,030 SF and is 100% leased to mission critical tenant Vesta Food Service, and Building 1 is a 166,486 SF cross dock facility and is currently available for lease.
The properties offer state-of-the-art features including 32’ clearance, 130’-190’ truck courts with ample loading, and excellent drive around capability with multiple ingress and egress access points. Located in one of the top investment markets in the country, the properties have excellent access to major transportation routes servicing the entire Western United States and proximity to more than 2.3 million people within 25 miles.

Property Facts

Sale Type Investment
Sale Conditions High Vacancy Property
Property Type Industrial
Property Subtype Distribution
Building Class A
Lot Size 12.72 AC
Rentable Building Area 166,486 SF
No. Stories 1
Year Built 2024
Parking Ratio 1.33/1,000 SF
Clear Ceiling Height 32 ft
No. Dock-High Doors/Loading 56
No. Drive In / Grade-Level Doors 6

Amenities

  • Air Conditioning

Utilities

  • Water
  • Sewer

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl - Bldg 1
  • 40,000-166,486 SF
  • Industrial
  • Shell Space
  • Now

• DIVISIBLE TO ±40,000 SF • ± 2,521 SF SPEC OFFICE • 170 PARKING STALLS • 32’ MINIMUM WAREHOUSE CLEAR HEIGHT • THIRTY-NINE (39) 9’ X 10’ DOCK HIGH LOADING DOORS • FOUR (4) 13’ X 14’ DRIVE-IN DOORS (2 RAMPED) • 60’ SPEED BAY AND 52’ X 60’ TYPICAL COLUMN SPACING • 2,500 AMPS, 277/480 VOLT 3-PHASE POWER

Space Size Space Use Condition Available
1st Fl - Bldg 1 40,000-166,486 SF Industrial Shell Space Now

1st Fl - Bldg 1

Size
40,000-166,486 SF
Space Use
Industrial
Condition
Shell Space
Available
Now

1st Fl - Bldg 1

Size 40,000-166,486 SF
Space Use Industrial
Condition Shell Space
Available Now

• DIVISIBLE TO ±40,000 SF • ± 2,521 SF SPEC OFFICE • 170 PARKING STALLS • 32’ MINIMUM WAREHOUSE CLEAR HEIGHT • THIRTY-NINE (39) 9’ X 10’ DOCK HIGH LOADING DOORS • FOUR (4) 13’ X 14’ DRIVE-IN DOORS (2 RAMPED) • 60’ SPEED BAY AND 52’ X 60’ TYPICAL COLUMN SPACING • 2,500 AMPS, 277/480 VOLT 3-PHASE POWER

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
140-08-401-020
Land Assessment
$2,981,289 CAD
Improvements Assessment
$4,905,703 CAD
Total Assessment
$7,886,992 CAD

zoning

Zoning Code M-D (Designed Manufacturing)
M-D (Designed Manufacturing)
  • Listing ID: 33370968

  • Date on Market: 2024-10-01

  • Last Updated:

  • Address: 3360 N Lamb Blvd, Las Vegas, NV 89115

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