Buy or Sell Las Vegas Industrial Properties,

Lease Las Vegas Industrial Space 

1. Las Vegas industrial real estate market overview
2. About Las Vegas industrial properties
3. Services provided to Las Vegas industrial property buyers and lessors
4. Services provided to Las Vegas industrial property sellers
5. Please read our Las Vegas Real Estate Blog and discuss all related topics in our real estate and mortgage forum.

Las Vegas Industrial Market Overview

Las Vegas, Nevada's ( Las Vegas, North Las Vegas, Henderson, Unincorporated Clark County) industrial submarkets, with the exception of North Las Vegas, have low vacancy rates. The vacancy rates for individual industrial submarkets are as follows: Airport (3.9 percent), Southwest (3.3 percent) and West Central (2.3 percent), North Las Vegas (4.8 percent), East Las Vegas (8.1 percent). Asking lease rates for industrial space vary from about 65 cents triple net in East Las Vegas to $1.25 triple net for R&D facilities in the Airport Submarket.

The older industrial submarkets that border the resort corridor (Las Vegas Strip), west of I-15, especially the West Central, have been purchased and rezoned for higher uses such as high-rise condominiums or commercial tourist establishments ex: From MD (Manufacturing Design or M2 ( Light Industrial) to H1. Much of this redevelopment is occurring in the area bordered by Russell (south) and Sahara (north), and Valley View (west) and Dean Martin (east). Other industrial properties in the same vicinity are being sold for the land value rather than what the building is worth. For example the asking price of a 44,000 square foot industrial building with 3.45 acres of land, at Harmon and Valley View, was $18,975,000 or $430 per square foot.

Due to high prices, which preclude many users from establishing their businesses in the Greater Las Vegas Valley, industrial developers are looking at nearby outlying areas, such as Apex, Pahrump, Ivanpah, Kingman, and Mesquite. These towns could become “industrial/business suburbs” to Las Vegas. It should be mentioned that many of these areas lack the necessary infrastructure which prohibit builders from developing them in the near future.

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About Las Vegas Industrial Space

Shortage best describes the industrial sector. Las Vegas, Nevada's commercial real estate market has been on fire, and prices of industrial properties have nearly doubled since 2003. Industrial units with proximity to Las Vegas Boulevard have been closed or sold for their land value at many times their industrial building value. Increasing lease rates for industrial space encourages some builders to put up their industrial buildings for lease rather than selling them.

Due to high prices which preclude many users from establishing their business in the Greater Las Vegas Valley, industrial developers are looking at nearby outlying areas, such as Apex, Pahrump, Ivanpah, Kingman, and Mesquite. These towns could become “industrial/business suburbs” to Las Vegas. It should be mentioned that many of these areas lack the necessary infrastructure which prohibit builders from developing them in the near future.    TOP

Services Provided to Industrial Property Buyers

1. Upon receipt of the your inquiry we will call you and e-mail industrial listings which match your requirements. Area demographics and hybrid satellite maps are included in the listings.
2. Upon making an appointment with you, we will show all suitable industrial properties.
3. We will do a Comparative Market Analysis (CMA) on your chosen property.
4. We will refer you to competent attorneys and CPAS, if needed.
5. We will help you to obtain a loan, if needed.
6. We handle all offers and negotiations to get you the best possible deal.
7. We will keep you informed at every stage of the transaction.
8. Upon acceptance of your offer we will open escrow on your behalf and coordinate between the lender, inspector, escrow company, attorney, CPA and the seller.    TOP

Services Provided to Industrial Property Sellers

If you are selling your industrial property, pricing your property correctly is very important. Obtaining an appraisal and a recent inspection report for your property will separate it from competition and get you top price. if your industrial property has an overlay zoning like MUD1 or H1, then the industrial property value dwarfs your building value.

1. We will help you get an appraisal for your property. This will assure you and the buyer about the pricing.
2. We will refer you to a master inspector for inspection of your industrial building. This will assure the buyer of a problem free purchase.
3. We will refer you to competent attorney and CPA to insure a problem free transaction.
4. We will advertise your property in all relevant commercial data bases and the Las Vegas Review Journal.
5. We will mass e-mail commercial agents about your property.
6. We handle all offers and negotiations to get you the best possible deal.
7. We will keep you informed at every stage of the transaction.
8. Upon acceptance of the offer we will open escrow on your behalf and coordinate between the lender, inspector, escrow company, attorney, CPA and the buyer.

If you are an industrial property buyer, having the right real estate agent to represent you could save you thousands of dollars and help put you in a property that suits your requirements. If you are a seller, we believe that our approach will get sellers the top price. We don’t want or need everyone’s business, just a few good and serious clients.    TOP

Commercial transactions are complicated and involve many factors. Pease use the contact form and be as specific as possible or call us. Please:

Office    702-478-7800

Toll free      800-762-4917

Masoud 702-271-6113, Karen 702-271-5903, Parviz 702-343-3467

Copyright © 2006-2008, Masoud ”Saber” Saberzadeh LLC ®. Please see link exchange before linking to any page in this web-site.   TOP