$18,575,000

North Las Vegas, NV

North Las Vegas, NV

Transaction Type

Acquisition

Loan Type

Bridge Loan

Loan Term

3 Years + 2x1 Year Extensions

Highlights

  • Acquisition of a Class A, 219,068 SF single tenant, industrial warehouse property located in North Las Vegas, recently vacated after approximately 25 years of tenant occupancy.

  • Excellent property location with quick access to I-15 and close proximity to retail amenities.

  • At loan closing, the property was 100% vacant. A10 structured the loan with facilities to fund planned CapEx and TI/LC costs to support lease-up.

  • While recently delivered vacant industrial properties have increased market vacancy, completion of planned CapEx is expected to position the property as a lower-cost option. relative to available supply.

Ready for What’s Next?

Talk to the A10 team to discover a lending platform designed for innovative structuring and execution certainty.

Ready for What’s Next?

Talk to the A10 team to discover a lending platform designed for innovative structuring and execution certainty.

Ready for What’s Next?

Talk to the A10 team to discover a lending platform designed for innovative structuring and execution certainty.