Nancy Jay Street & Eaglerock Street
Henderson, NV 89011
Project will consist of Eight - 40,998 sf buildings
For more information on Nancy J Industrial Park, please call Chris Lexis (Lic # S.0062998) or Joe Leavitt (Lic. # S.0062543) of Avison Young in Las Vegas, at 702-472-7979.
The subject is located on the northeast corner of Eagle Rock Street and Nancy Jay Street north of East Lake Mead Parkway in Henderson, close to Lake Mead Recreation Area, Lake Las Vegas and Downtown Henderson. This location offers easy access to three major highways that service the valley - I-515/US 95, I-215 and I-11.
Roughly 1.6 msf delivered here over the past
four
quarters, but strong demand has mitigated upward pressure on the vacancy rate. The
Southeast Las
Vegas Henderson Submarket is the third-largest in Las Vegas, with approximately 21 msf
of
industrial space (around 13 million of which is devoted to logistics). The area is
serviced by
I-215 and I-515 along with the Union Pacific Railroad, which runs along the southern
portion of
the submarket.
As is the case in other Las Vegas submarkets, a large portion of the outlying land
consists of
desert areas, so most logistics facilities are located along the I-515 Las Vegas
Expressway. The
tenant base there is similar to that of Southwest Las Vegas - most occupants serve the
local
economy, and national retail distribution centers are mostly absent. Logistics
deliveries have
at times put upward pressure on the vacancy rate, but healthy absorption has kept
vacancy around
4.8%. Rent gains remain robust at around 14.3%.
1-215 I-515/I-11
±5 miles
Harry Reid International Airport ±16 miles
Henderson Executive Airport ±15 miles
Las Vegas Strip
±15 miles