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12/19/25
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EastGroup Properties Inc has purchased CapRock Point @ Cheyenne, a modern Class A 101.3k sf industrial warehouse facility in North Las Vegas. The price was not given out.
The property was sold by CapRock Partners, who developed the property from the ground up, completing construction in 2022. It was fully leased at the time of sale.
CapRock Point @ Cheyenne features 30-foot clear height, 13 dock-high doors, two grade-level doors, 107 auto stalls, ESFR sprinklers and 3k sf of office space. With 2,000 amps of power and flexible configuration, the standalone building accommodates a wide range of uses from traditional warehousing to manufacturing and can be further demised to meet future market demand.
Located at 3921 E. Cheyenne Ave, the property is two miles from Interstate 15 via the East Cheyenne Avenue corridor in the North Las Vegas industrial submarket. The corridor provides direct connectivity to the region’s primary freight routes, which support distribution throughout the West Coast and Southwest. East and West Cheyenne Avenue are home to numerous modern industrial parks developed by leading national firms, reinforcing the area’s position as an infill logistics hub.
Colliers’ Michael Kendall, Gian Bruno, Dan Doherty, Paul Sweetland and Jerry Doty were involved in brokering this transaction.
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