6225 Annie Oakley Dr
Fully Leased, Single-Tenant Industrial Asset – Passive Investment Opportunity in Las Vegas
Marketing description
PREMIER INFILL LOCATION – LAS VEGAS AIRPORT SUBMARKET
►Located just 2.9 miles from Harry Reid International Airport, with direct access to I-215 and I-515.
►Situated in the Airport submarket, one of Las Vegas’ top-performing industrial submarkets, with a low 4.0% vacancy rate and limited new supply.
Investment highlights
STABILIZED, INCOME-PRODUCING INDUSTRIAL ASSET
►100% Leased to Las Vegas Expo, Inc., a well-established exposition and logistics company.
► ±6.75 Years of Remaining Lease Term with 3.5% annual rent escalations, providing predictable and growing cash flow.
►Triple Net (NNN) Lease Structure ensures minimal landlord responsibilities and stable net operating income.
INSTITUTIONAL-QUALITY CONSTRUCTION & SITE
►±142,000 SF industrial facility on 7.09 acres with concrete tilt-up construction.
►New office build out: 1st Floor: 11,572 SF and 2nd Floor: 16,291 SF.
►28’–32’ clear heights, ESFR sprinklers, and heavy power availability.
►Ample parking with 114 auto spaces and 3 trailer stalls.
SIGNIFICANT CAPITAL IMPROVEMENTS
►Over $10.5 million in recent renovations, including: New office buildout (±27,863 SF); 13 new dock-high doors (total of 18); New HVAC systems (9 new + 10 existing units); Exterior façade upgrades and painting.
TENANT STRENGTH & COMMITMENT
►Las Vegas Expo, Inc. has been in business since 1994 and is a major player in the exposition and logistics industry.
►The tenant has invested in the property and accepted assignment of key equipment (chillers, boilers, backup systems), indicating long-term operational commitment.
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