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Decatur Business Center

Location: Las Vegas, NV
Type: Industrial
Price: $13,000,000

SMC provided a $13,000,000, ten-year fixed rate loan on an industrial/flex building located in Las Vegas, NV.

The collateral consists of one (1), two (2) story building totaling 88,205 SF built in 2008. The property was 61% leased to 3 tenants at time of closing. The vacant spaces were master leased by the Sponsor for 15 years or until the vacant spaces are leased under SMC approved terms. The subject is located 9 miles SW of the strip.