Updated Mar 5, 2025
HS Property NV LLC Acquires Industrial Building From NOR Oquendo Road LLC For $7.9M
3670 West Oquendo Road
$7,900,000
$278/SF
Building Size
28,420 SF
Asset Type
Industrial
Closing
Feb 26, 2025
About this deal
AI
A 28,420-square-foot industrial building located at 3670 West Oquendo Road in Las Vegas was sold for $7.9 million. The property is part of the Las Vegas market and was acquired by HS Property NV LLC.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $7,900,000
- Buyer: HS Property NV LLC
- Seller: NOR Oquendo Road LLC
- Broker: Tyler Ecklund - CBRE
- Price per Square Foot: $278
- Sale Date: 02/26/2025
Tyler Ecklund, representing NOR Oquendo Road LLC, facilitated the transaction for this industrial property in Las Vegas, assisting the seller in the completion of the sale.
On the Map
$7,900,000
$278/SF
Industrial
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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
2.01%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93