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Single-Tenant Industrial

Pollux Avenue Collision Center

3355 Pollux Ave, Las Vegas, NV 89102

Listing Price: $1,300,000

Cap Rate
5.54%
Gross SF
4,800
Price/Gross SF
$270.83
Lot Size
0.46 acres
Year Built
1983
Rentable SF
4,800

Investment Overview

Rare opportunity to acquire a 4,800 square foot industrial building currently operating as a collision center, situated upon .46 acres of land with Industrial Light (IL) Zoning and Land Use (EM) Entertainment Mixed-Use adjacent to the Las Vegas Resort Corridor in the bustling Chinatown district.

PROPERTY SUMMARY
Marcus & Millichap is pleased to present this exciting opportunity to purchase a fully occupied industrial building occupied by Stryker 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 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.

Investment 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
  • Limited vacancy in Spring Mountain / Chinatown corridor

Exclusively Listed By

Single-Tenant Industrial

Pollux Avenue Collision Center

Listing Price: $1,300,000

Cap Rate
5.54%
Gross SF
4,800
Price/Gross SF
$270.83
Lot Size
0.46 acres
Year Built
1983
Rentable SF
4,800

Investment 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
  • Limited vacancy in Spring Mountain / Chinatown corridor

Investment Overview

Rare opportunity to acquire a 4,800 square foot industrial building currently operating as a collision center, situated upon .46 acres of land with Industrial Light (IL) Zoning and Land Use (EM) Entertainment Mixed-Use adjacent to the Las Vegas Resort Corridor in the bustling Chinatown district. PROPERTY SUMMARY Marcus & Millichap is pleased to present this exciting opportunity to purchase a fully occupied industrial building occupied by Stryker 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 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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