Warehouse
3430-3450 Polaris Avenue
3430 Polaris Ave, Las Vegas, NV 89102
Listing Price: $3,545,000
Investment Overview
PROPERTY SUMMARY
Marcus & Millichap is pleased to present this exciting opportunity to purchase a fully occupied industrial/commercial park situated upon .93 acres of land located at 3430-3450 Polaris Avenue in the Chinatown District of Las Vegas.
LOCATION AND ACCESSIBILITY
The offering 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.
3430-3450 Polaris Avenue
Investment Highlights
- Three buildings situated upon .93 acres of land fully occupied with commercial and industrial tenants
- 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
- Opportunity to enhance revenues with mark-to-market rents of existing tenants or reposition as needed
- High demand industrial and commercial submarket with limited availability
Exclusively Listed By
Listing Price: $3,545,000
Investment Highlights
- Three buildings situated upon .93 acres of land fully occupied with commercial and industrial tenants
- 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
- Opportunity to enhance revenues with mark-to-market rents of existing tenants or reposition as needed
- High demand industrial and commercial submarket with limited availability
Investment Overview
PROPERTY SUMMARY Marcus & Millichap is pleased to present this exciting opportunity to purchase a fully occupied industrial/commercial park situated upon .93 acres of land located at 3430-3450 Polaris Avenue in the Chinatown District of Las Vegas. LOCATION AND ACCESSIBILITY The offering 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.
Exclusively Listed By
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