Investment Overview

Silver State Wire Rope & Rigging is a single tenant triple net leased industrial investment property located in the highly regarded Southwest Las Vegas Industrial Submarket. The property is located on South Jones Boulevard very close to Blue Diamond Road, which is a heavily trafficked corridor of the South Las Vegas Valley with easy access to both the 15 and 215 Interstates. Furthermore, Jones Boulevard is scheduled to be connected directly to Blue Diamond Road by 2024 dramatically increasing the the accessibility of this location. The building was constructed in 2008 with high quality tilt up concrete construction and boasts 21,688 square feet, with approximately 16% of two story office space, and an additional 1,955 square feet of mezzanine space that is not accounted for in the total square footage. The property includes a substantial secured yard space primarily used for storage as well as a 0.40 acre pad site that could be utilized at a later date for additional development. A new 5 year absolute net lease was signed recently with the tenant, Silver State Wire Rope & Rigging. SSWRR was recently acquired by a large national operator called Singer Equities, adding additional stability to an already seasoned and proven business.