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
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.
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