Next Century Rebar LLC Acquires Industrial Warehouse In Las Vegas For $3.7M
3020 S Valley View Blvd Las Vegas, NV 89102, USA
$3,700,000
$189/SF
Building Size
19,512 SF
Asset Type
Industrial
Closing
May 22, 2023
AI
Next Century Rebar LLC has purchased a 19,512-square-foot industrial warehouse in Las Vegas for $3.7 million. The two-story facility, located at 3020 S. Valley View Blvd. in the West Central submarket, features 18-foot clear heights, concrete tilt-up construction, four drive-in doors, and Valley View frontage.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,700,000
- Total Square Footage: 19,512
- Price per Square Foot: $190
- Market: Las Vegas, Nevada
- Buyer: Next Century Rebar LLC
- Seller: MSC Valley LLC
- Broker: Tyler Ecklund - CBRE
CBRE's Tyler Ecklund represented the seller, MSC Valley LLC, in this transaction.
Players
Las Vegas Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.29%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93