5795 Hollywood BlvdLas Vegas, NV 89115

Property Details for 5795 Hollywood Blvd

Year built

2020

Lot size

1.87 AC

Property size (Sq ft)

50,294 SF

Property type

Warehouses

Property subtype

Industrial properties

Description

This exceptional 50,294-square-foot industrial property, built in 2020, presents a compelling investment opportunity. Located at 5795 N Hollywood Blvd, Las Vegas, NV 89115, this single-tenant, NNN-leased facility boasts a 10-year lease term, generating a strong NOI of $2,263,230 and a 6.15% cap rate. The asking price is $36,800,487. The building, zoned M-2, comprises a 38,147-square-foot warehouse and a 12,147-square-foot mezzanine office space, perfect for pharmaceutical manufacturing. Features include a 32-foot clear height warehouse with three dock-high doors and one grade-level door, a custom clean room air handling system with 100% HVAC for both office and warehouse areas, and convenient elevator access. Ample parking is provided with 49 surface spaces. The property enjoys excellent access to I-15 and Las Vegas Boulevard, situated approximately 10 miles northeast of Downtown Las Vegas and just 3 miles from Nellis Air Force Base. The 1.87-acre lot offers significant potential. This is a turnkey operation with a stable, long-term lease, making it an ideal addition to any investment portfolio. The property is situated in the North Las Vegas submarket.

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.2677

Longitude

-115.025

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