3355 Pollux Ave - Service FOR SALE


Las Vegas, NV 89102- Chinatown
$1,300,000 USD
702-250-3392
3355 Pollux Ave, Las Vegas, NV for Sale
$1,300,000 USD
Service - FOR SALE
1/15
null | 5.54% Cap Rate

3355 Pollux Ave
Las Vegas, NV 89102
Chinatown


HIGHLIGHTS

  • Single tenant NNN leased collision center
  • Immediate proximity to Interstate 15 on Spring Mountain Road at the entrance to Chinatown
  • Located within an Opportunity Zone
  • Significant daytime and nighttime traffic from both Las Vegas residents and tourists with +/- 53,500 VPD on Spring Mountain Road
  • High demand industrial and commercial submarket with limited availability
  • Opportunity to enhance revenue with mark-to-market rent upon near-term lease renewal

OVERVIEW

PROPERTY SUMMARY Marcus & Millichap is pleased to present this exciting opportunity to purchase a fully occupied industrial building occupied by Stryder Collision, situated upon .46 acres of land located at 3355 Pollux Avenue in the Chinatown District of Las Vegas. The tenant, Stryder Collision LLC, has occupied since 2021 under a triple-net lease that expires in April 2026. There are currently no further options to renew although it is assumed the tenant will request an additional extension. LOCATION AND ACCESSIBILITY The Subject Property is centrally located in Las Vegas just west of Interstate 15 (I-15) and minutes to the Las Vegas Strip. Spring Mountain Road is a major east/west thoroughfare that is amongst the most heavily trafficked Las Vegas roadways and connects with the Strip and I-15. It has also recently been announced that the future Vegas Loop has received County approval to add a station nearby. SURROUNDING AMENITIES & ECONOMIC DRIVERS The immediate surrounding area is complemented by casino & resort destinations including Wynn, Encore, Venetian, Palazzo, Resorts World Las Vegas as well as the Fashion Show Mall. Las Vegas has a strong economy, a growing population, and a limited supply of available centrally located land. Additionally, Nevada offers a number of tax advantages to commercial real estate owners. ** Also see available listing for adjacent property located at 3430-3450 Polaris Avenue: https://www.loopnet.com/Listing/Polaris-Commerce-Center/36430981/

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$255 USD /SF

CAP RATE

5.54%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

ADD'L SUBTYPES

Service Station, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

UTILITIES

-

CLEAR CEILING HT

15 Ft

DOCKS

-

DRIVE INS

7

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.46

LAND SF

20,038

ZONING

IL (Industrial Light)

APN/PARCEL ID

162-17-110-026

ASK ABOUT THIS PROPERTY

Candace BareMarcus & MillichapMore Info
702-250-3392

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Candace BareMarcus & MillichapMore Info
702-250-3392

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.