Matter Logistics @ North 15 is a two-building industrial park featuring two warehouse/distribution buildings totaling ±934,560 SF of space. The project is conveniently located in the North Las Vegas submarket with immediate access to the I-15 freeway via the new Tropical Parkway Interchange. ±15 miles to the Las Vegas strip, and ±20 miles to the Harry Reid International Airport.
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Matter Logistics @ North 15
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Why North Vegas?
Building 1
± 685,080 SF Divisible to ±145,536 SF (Can Combine Suites) 4 Grade Level Doors (14’ x 16’) 100 Dock High Doors (9’ x 10’) Office BTS or Spec Suites ± 40’ Clear Height Approximately 50’ X 56’ Bays and 60’ Typical Speed Bays ± 185’ truck court with a 60’ concrete dock apron ± 8,000 Amps/Building, 277/480 V TPO Roof 6” Thick 4500 PSI Floor Slabs R-30 Insulation Parking Provided: 224 Stalls 27 Trailer Stalls
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5850 East North Belt Road North Las Vegas, NV 89165
Building 2
± 249,480 SF Divisible to ±79,380 SF 4 Grade Level Doors (14’ x 16’) 56 Dock High Doors (9'x10') Office BTS or Spec Suites ± 32' Clear Height Approximately 50’ X 54’ Bays and 60’ Typical Speed Bays ± 250’ Concrete Truck Court ± 4,000 Amps/Building, 277/480 V TPO Roof 6” Thick 4500 PSI Floor Slabs R-19 Insulation Parking Provided: 277 Stalls
5880 East North Belt Road North Las Vegas, NV 89165
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Construction Progress
685K SF Available
249K SF Available
Scroll to view divisibility
±291,072 SF Available
Site pLan
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Whole Site
Building 1 v2
Specifications
± 79,380 SF Grade Level Doors (14’ x 16’) Dock High Doors (9’ x 10’) Office BTS or Spec Suite (± 1,848 SF) ± 32’ Clear Height Approximately 50’ X 54’ Bays and 60’ Typical Speed Bays ± 250’ Concrete Truck Court ± 4,000 Amps/Building, 277/480 V, 3-Phase Power TPO Roof 6” Thick 4500 PSI Floor Slabs R-19 Insulation 77 Skylights (Building) Parking Provided: 277 Stalls
| Suite 110
Spec Suite
5880 E. North Belt Road
Spec Suite 1A
Potential Divisibility
± 291,072 SF Divisible to ± 145,536 SF Grade Level Doors (14’ x 16’) Dock High Doors (9’ x 10’) Office BTS or Spec Suite (±3,251 SF) ± 40’ Clear Height Approximately 50’ X 56’ Bays and 60’ Typical Speed Bays ± 185’ truck court with a 60’ concrete dock apron ± 6,400 Amps, 277/480 V, 3-Phase Power TPO Roof 7” Thick 4500 PSI Floor Slabs R-19 Insulation 214 Skylights (Building) Parking Provided: 224 Stalls 27 Trailer Stalls
• • • • • • • • • • • • • • •
± 291,072 SF Divisible to ± 145,536 SF Grade Level Doors (14’ x 16’) Dock High Doors (9’ x 10’) Office BTS or Spec Suite (± 3,251 SF) ± 40’ Clear Height Approximately 50’ X 56’ Bays and 60’ Typical Speed Bays ± 185’ truck court with a 60’ concrete dock apron ± 6,400 Amps, 277/480 V, 3-Phase Power TPO Roof 7” Thick 4500 PSI Floor Slabs R-19 Insulation 214 Skylights (Building) Parking Provided: 224 Stalls 27 Trailer Stalls
5850 East North Belt Road
Site Overview
grade-level doors
Dock-high doors
spec office suite
potential office suite
potential office suites
to the I-15 freeway
Location Stats
One Day Truck Service
Access to serving over 77 million+ people within a one day truck drive.
265 Miles 3h 54min
1
Los Angeles
300 Miles 4h 39min
2
Phoenix
424 Miles 5h 50min
3
Salt Lake City
452 Miles 6h 55min
4
Reno
562 Miles 8h 20min
5
San Francisco
634 Miles 9h 8min
6
Santa fe
634 Miles 9h 31min
7
Boise
752 Miles 10h 45min
8
Denver
837 Miles 11h 52min
9
Cheyenne
907 Miles 12h 31min
10
Helena
982 Miles 15h 44min
11
Portland
1,129 Miles 16h 52min
12
Seattle
±0.8 Miles
to Las Vegas Strip
±13.2 Miles
to Harry Reid International Airport
±18.1 Miles
NORTH LAS VEGAS MARKET
North Las Vegas has Transformed into a Premier Regional Distribution/Service Hub
North Las Vegas Employment Breakdown
North Las Vegas continues to be a prime location for warehouse distribution product, attracting not only local tenants, but national and international companies as well. The submarket first began to flourish with the influx of California-based users and has now evolved into a top contender for organizations operating throughout the United States and abroad. The submarket offers product in a variety of size ranges and with the most cost-effective rates. Over the past decade, and even more so the past year, the rapid rise of e-commerce in the United States has forced a transformation in logistics not unlike the revolution caused by the introduction of container shipping in the 1960’s. The concept of “6-8 weeks for delivery” that Baby Boomers and Gen-X’ers grew up with has been replaced by a quest to deliver purchases to online customers within days. If not hours. As a result, e-commerce companies - Amazon.com chief among them - have placed large logistics facilities in lower tier markets than in the past to reduce delivery times. With less in-person shopping occurring now more than ever due to the pandemic, there is unprecedented demand for industrial warehouse and distribution space across the United States. North Las Vegas accounted for the majority of new warehouse and distribution completions for the Valley, tallying 4.8 million square feet at the end of 2021. The North Las Vegas submarket recorded the highest net absorption for the Valley in 2021 with over 8.9 million square feet. The submarket with the next highest net absorption in 2021 was the Southwest, which recorded 1.9 million square feet; significantly lower than North Las Vegas. As the Las Vegas market continues to recover from the effects of the pandemic, industrial product has completely overshadowed all other product types. 2022 is on pace to equal or exceed 2021’s record performance.
Totaling 55.7 million square feet, North Las Vegas accounts for approximately 39%of the overall Las Vegas market. The North Las Vegas submarket has evolved over the past 5 years to be a favored distribution/service location for high-profile tenants and Institutional ownership has increased 160% since 2014. In addition, over 300 tenants have moved into the submarket in that timeframe, representing 12,000+ jobs and 20+ million square feet of demand. The industrial base has also increased by 20,970,448 square feet since 2014, representing a 60% growth in industrial product.
Click on each section to view percentage
5%
Construction
8%
Education Services
Other Services (except Public Administration)
13%
Other
14%
Retail Trade
11%
Public Administration
Health Care & Social Assistance
10%
Accommodation & Food Services
Arts, Entertainment & Recreation
4%
Wholesale Trade
Professional, Scientific & Tech Services
Administration & Support & Waste Management & Remendiation
> > > >
Overall State Business Tax Climate
#7
> No inventory tax > No inheritance tax > No estate tax
No personal income tax No corporate income tax No franchise tax No unitary tax
SF Base
58.3M
Deliveries in 2021
4.7M
Vacancy Rate YTD 2022
0.7%
930K SF Available
