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12/06/22
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A 5.8k sf, concrete tilt-up industrial/flex commercial building in Las Vegas sold for $1.85 mil, or $319/sf. The building, located at 5040 West Post Rd, traded in a deal with an extremely short due diligence and closing period.
Built in 2007, the property consists of two suites, both consisting of warehouse space with a roll-up door and dedicated office space. The buyer is an owner-user and intends to occupy the property once the tenant vacates.
Located in Las Vegas’ Southwest industrial submarket, the property is part of the Saddleback Post Business Park. The property provides convenient access to Interstate 15 and the Clark County 215 Beltway and is within two miles of the Las Vegas Strip.
Cushman & Wakefield’s Marlene Fujita Winkel, Emily Brun, and Alex Casingal represented the seller, Brian T. Seager of Brilor Investments LLC. According to Fujita Winkel, the scarce inventory of this product type as well as the property's size, location, and accessibility made this a very attractive offering.
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