5825 Polaris Ave - Hospitality FOR SALE


Las Vegas, NV 89118- West of the Strip
$7,000,000 USD
702-845-7777
5825 Polaris Ave, Las Vegas, NV for Sale
$7,000,000 USD
Hospitality - FOR SALE
1/9
null | Request Cap Rate

5825 Polaris Ave
Las Vegas, NV 89118
West of the Strip


HIGHLIGHTS

  • 700 Feet from Allegiant Stadium
  • Immediate access to Harry Reid International Airport (LAS), Interstate 15, T-Mobile Arena, and every major South Strip venue
  • Entitled Project, FAA approval for 26 stories

OVERVIEW

Hotel & Spa Development on a 2.07 Acre Site | 700 Feet from Allegiant Stadium A rare, institutional-grade opportunity to develop a full-service hotel, spa, and dining destination in one of the most commercially visible and demand-rich locations in Las Vegas. Positioned just 700 feet from Allegiant Stadium and steps from the heart of the South Las Vegas Strip, the site sits at the convergence of professional sports, world-class entertainment, convention traffic, and next to the Airport. The Development 320 keys, a 26-story, 290-foot tower rising over a five-level podium parking structure. The program includes: Elevated pool and sun deck at the 70-foot elevation Full European spa Professional-grade fitness facility Five food and beverage venues, anchored by a retractable glass-enclosed rooftop speakeasy and club Unmatched Location & VisibilitY The Investment Few sites in Las Vegas offer this combination of demand generators: Raiders home games, stadium concerts and marquee events, T-Mobile Arena programming, Strip tourism, airport-adjacent convenience, and convention overflow — all within walking distance. The elevated amenity deck and rooftop venue are purpose-designed to capture dramatic sightlines of both the Strip skyline and Allegiant Stadium, creating defensible differentiation in the Las Vegas luxury hospitality market.

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$27 USD /SF

# OF ROOMS

340

PRICE/ROOM

$20,588 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Entitled Hotel Development on a 2.07 Acre

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

26

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.07 AC

LAND SF

90,169 SF

ZONING

EM-CR

APN/PARCEL ID

162-32-101-023,162-32-101-024

ASK ABOUT THIS PROPERTY

Mike MixerColliersMore Info
702-845-7777

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Mike MixerColliersMore Info
702-845-7777

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