NAI Vegas Sells Two Industrial Buildings

Las Vegas, NV (January 11th, 2023) – NAI Vegas is pleased to announce the sale of Arville Business Center located at 4355 & 4375 West Reno Avenue in Las Vegas, Nevada. The property sold for $8,400,000.

Erik Sexton & Camila Rosales of The Sexton Group represented the seller in the transaction.

“This sale completes another very successful investment for our client and a great, net-leased investment for the new owner,” stated Sexton.

Arville Business Center includes two multi-tenant, industrial buildings constructed in 1993 and totaling ±31,205 square feet. The property was 100% leased at the time of sale and is located near the Allegiant Stadium, I-15, and Las Vegas Strip.

Erik Sexton

Erik Sexton joined NAI Vegas in 2017 as a Senior Vice President and Industrial Specialist. He has more than 14 years experience in the leasing and sales of industrial and office spaces. During his real estate career, Mr. Sexton has represented a diverse segment of location and national companies that include Genesis Gaming, SME Steel, Ice Now, High Impact Signs, Next Century Rebar, JAMO Performance Exhaust, Chicago Exhibit Productions, Coca Cola, and 99 Cent Stores Only. As a licensed agent, he has brokered more than 1.8 million square feet of commercial space totaling more than $335.7 million.

Camila Rosales

Camila began her real estate career in property management before moving over to Commercial Sales and Leasing prior to joining NAI Vegas. Camila is a go-getter who specializes in assisting her clients analyze current investment properties and to increase portfolio opportunities. She graduated from the University of Nevada, Las Vegas with a Bachelor’s of Science in Business Administration making her the perfect addition to NAI Vegas and the investment team.

About NAI Vegas and NAI Excel

NAI Excel and NAI Vegas are leading providers of Commercial Real Estate Services in the West. Operating as NAI Vegas in Nevada, and NAI Excel in Utah and Idaho, we are part of the NAI Global network covering nearly every major market nationally and across the globe. Serving both urban and rural markets, we leverage our resources to help you excel in your real estate goals. When you work with one of our team, you get the benefit of working with all of us.