5795 Hollywood BlvdLas Vegas, NV 89115

For Sale
$36,800,487

Prime Pharmaceutical Manufacturing Plant

Overview

Added:
Dec 11, 2024
Days on market:
92
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.

Highlights

  • 10-Year NNN Lease with strong credit tenant.
  • 32' Clear Height Warehouse with three dock-high doors and one grade-level door.
  • 12,147 SF of Office Space.
  • 49 Surface Parking Spaces (1.0/1,000 SF).
  • Excellent freeway access via I-15 and Las Vegas Blvd.
  • Located 10 miles northeast of Downtown Las Vegas and 3 miles from Nellis AFB.

Property Details for 5795 Hollywood Blvd

Property type
Other warehouses, Other industrial properties
Square Feet
50,294 SF
Year Built
2020
Buildings
1
Stories
2
Lot Size (sq. ft)
81,457 SF

Location Insight

City
Las Vegas
County
Clark
State
Nevada
Latitude
36.2677093
Longitude
-115.0250114
5795 Hollywood Blvd, Las Vegas, Nevada

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5795 Hollywood Blvd
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