CBRE Facilitates $7.9 Million Sale of Industrial Property in Las Vegas

CBRE facilitated the $7,875,000 sale of a 28,420 square-foot industrial property located at 3670 West Oquendo Road in Las Vegas to HS Property NV, LLC.

CBRE’s Tyler Ecklund represented the seller, NOR Oquendo Road LLC, in the transaction.

The highly secure building features a high-image, 6,534-square-foot two-story HVAC office space with an elevator, 12 covered parking spaces (34 total), 3,000 Amp, three-phase power and a 28-foot clear height.

“This freestanding tilt-up concrete building is a great investment for the new owners, given its abundance of power and functionality,” said Ecklund, senior vice president at CBRE. “Located in the highly sought-after Stadium Corridor, the property offers excellent access to Las Vegas Boulevard and Allegiant Stadium. The high development costs and scarcity of in-fill land make this an attractive acquisition.”

The location is situated west of the Interstate 15 (I-15) and Russell Road interchange and offers immediate access to I-15, facilitating efficient travel north to Utah and south to California.