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5795 Hollywood Blvd Las Vegas, NV 89115

OFF-MARKET Warehouses Google Maps
50,294 SF 1.87 ac lot Built 2020
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Year built 2020
Total area 50,294 SF
Lot 1.87 ac (81,457 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Factory Production Facility

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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