3950 Alto Ave - Las Vegas

JLL Industrial Capital Markets, serving as the exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in DHL Distribution Center (“Property”) – an institutional quality, ±339,257 SF Class A warehouse located in Vegas’ North Las Vegas submarket. The building is 100% leased to DHL Supply Chain (USA) (Moodys: A2), with a guarantee from Deutsche Post AG, and serves as DHL’s only Western US location for the two investment grade pharmaceutical customers being serviced at the facility. With a 5.95 year WALT and 3.75% annual rent escalations, DHL Distribution Center represents the opportunity to acquire a Class A logistics asset, with strong Cash-on-Cash potential via secured cash flows, at a very attractive going-in yield profile and cost basis.

Displaying best in Class industrial construction standards the property boasts 32’ clear heights, ESFR sprinklers, 100% HVAC throughout, 190’ truck court depth, ample parking and 3000 amps of power. Located in the North Las Vegas submarket, the Property benefits from its advantageous, infill position directly adjacent to I-15, offering connectivity to the broader region via I-11, I-215, and SR-95. This strategic location provides exceptional access to major West Coast markets connecting Las Vegas to Los Angeles, San Diego, and the entire Southern California region. With the ability to reach over 40 million consumers within a one-day truck drive, the Property is located at a vital distribution gateway to the entire Western United States.