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Colliers Brokers Facilitate $16.9M Sale Of Desert Canyon Industrial Park

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SOLD
$16,900,000

Nevada

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Industrial93,550 SF
Sold 06/20/2024
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SOLD

Colliers Brokers Facilitate $16.9M Sale Of Desert Canyon Industrial Park

249 Elliott Road

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Industrial93,550 SF
Sold 06/20/2024
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Summary

NEVADA
Asset Type:Industrial
Price Per Square Foot:$180
Total Square Footage:93,550 SF
Transaction Type:Sale

The Desert Canyon Industrial Park in Henderson, NV, spanning 93,550 square feet across 4.7 acres, was recently sold for $16,900,000. The property, located at 249-257 Elliott Road, was built in 2001 and was sold by Nicola Wealth Commercial Real Estate with brokers Tyler Jones & Brian Riffel of Colliers facilitating the transaction.

Summary of transation details:

  • Property Type: Industrial
  • Transaction Amount: $16,900,000
  • Address: 249-257 Elliott Road
  • Market: Henderson, NV
  • Square Footage: 93,550
  • Price Per Square Foot: $181
  • Seller: Nicola Wealth Commercial Real Estate
  • Brokers: Tyler Jones & Brian Riffel - Colliers

Brian Riffel and Tyler Jones of Colliers represented the seller, Nicola Wealth Commercial Real Estate, in the $16.9 million sale of the Desert Canyon Industrial Park. The five-building complex, with a construction date of 2001, offered a significant transaction in the industrial real estate market of Henderson.

Players

Brian Riffel
3 deals$57.8M volume(702) 836-3773
BROKER

Tyler Jones
Colliers
2 deals$44.7M volume(702) 836-3754
BROKER

Details

SOLD
IMAGE: 06/20/2024 ADDRESS: 249-257 Elliott Road MARKET: Henderson, NV ASSET TYPE: Industrial ~ ACRES: 4.7 SELLER: Nicola Wealth Commercial Real Estate BROKERS: Tyler Jones & Brian Riffel - Colliers SALE PRICE: $16,900,000 SF: 93,550 ~ PPSF: $181 NOTE: Colliers has facilitated the $16.9 million sale of Desert Canyon Industrial Park, a five-building complex in Henderson. Built in 2001, the property spans 93,550 square feet across 4.7 acres at 249-257 Elliott Road, with Brian Riffel and Tyler Jones of Colliers handling the transaction for seller Nicola Wealth Commercial Real Estate.

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Debt Service Coverage Ratio (DSCR)

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