3950 Alto Ave - Las Vegas_Property for Sale
3950 Alto Ave - Las Vegas_Property for Sale
3950 Alto Ave, Las Vegas, NV, 89115-3209, US

3950 Alto Ave - Las Vegas

Description

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.

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Attributes

Building area net
31,518 m²
Clear height
9.75 m
Year built
2017
Occupancy
100%
WAULT
6 years
Tenants
D/B/A DHL Supply Chain (USA), EXEL Inc.
Parking spaces
311

Media

Investment Highlights

  1. 100% leased to DHL Supply Chain (USA) (Moodys: A2) with 5.95 years of weighted average lease term remaining
  2. Guaranteed by Deutsche Post AG (Moodys: A2)
  3. Stable cash flow with 3.75% weighted average annual rent escalations
  4. #1 global provider of contract logistics with over 1,600 warehouse & distribution locations across 220+ countries
  5. 100% HVAC with temperature controlled spaces. Plus, cooler and freezer space for pharmaceutical storage
  6. Prime logistics location with five minute drive to I-15 and close proximity to major transportation corridors
  7. Strategic position allowing for same-day delivery service to Nevada, Southern California, Arizona, and Utah markets, covering over 40 million consumers • Access to Union Pacific intermodal facilities and proximity to Harry Reid International Airport
  8. No state income tax on capital gains, no state corporate income tax, and capped annual increases on property tax assessments
3950 Alto Ave - Las Vegas 4_Property for Sale
3950 Alto Ave - Las Vegas 4_Property for Sale

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3950 Alto Ave - Las Vegas (0 Properties)

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Last updated
4 Sep 2025