5795 Hollywood Blvd Las Vegas, NV 89115
- Warehouses
- 50,294 SF
- 1.87 lot acres
Current Use by Public Records
- BeSpoke Pharmaceuticals / Pharmaceutical Company
Property Details for 5795 Hollywood Blvd
- Year built
- 2020
- Lot size
- 1.87 lot acres
- Property size
- 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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.025
- Latitude
- 36.2677
