SE LV/Henderson

Las Vegas - NV USA - Industrial Submarket

Industrial real estate intelligence for the SE LV/Henderson submarket. 26.6M SF of inventory with 12.8% vacancy. Data sourced from various MLS platforms.

26.6MSF

Inventory

3.8MSF

Available

12.8%

Vacancy

12.9%

Availability Rate

$14.18

Asking Rent

0.2%

Rent Growth

299KSF

12mo Absorption

2.7MSF

Under Construction

Market Metrics

12mo Delivered

475K SF

Under Constr % of Inv

10.2%%

Sale Price/SF

$238

Cap Rate

5.6%%

12mo Sales Volume

$101,107,565

Sales Vol Growth

-68.9%

Asset Value

$6,953,233,488

Net Absorption

+299K SF

Recent DC Sales in Market

Property	Price	SF	Buyer
Flexential Portland Hillsboro 1 - Bldg D	$13.3M	44,795	Flexential
Flexential Portland Hillsboro 1 - Bldg C	$9.9M	40,205	Flexential
Flexential Portland Hillsboro 1 - Bldg B	$8.8M	56,924	Flexential
Flexential Portland Hillsboro 1 - Bldg A	$6.4M	27,686	Flexential
Bridgewater - NJ1	$8.3M	40,565	CSB Holdings

Available DC Space in Market

Property	Avail SF	Rent	Owner
1800 NW 69th Ave	37,500	$15.50	AccuPlace
6690 N Hiatus Rd	52,000	$17.00	Kraftsow Management Inc
New Venture Gear Industrial Campus	1,513,540	$6.95 - 18.00	OX Group LLC
125 Porter Industrial Rd	4,500	$8.00	Cogan Family LLC
Cottonwood Plaza	5,626	$13.00	Alturas Capital Partners

Data Centre Development Potential

High vacancy (12.8%) in SE LV/Henderson may indicate availability of conversion-ready industrial buildings for data centre development. Active construction pipeline of 2.7M SF indicates developer confidence in the submarket. Positive net absorption of 299K SF over the past 12 months signals healthy demand fundamentals.