NET LEASED COLLISION CENTER
3355 Pollux Avenue
LAS VEGAS, NV 89102

Property Details

Highlights:

Offering Price:

Total Parcel Size:

Gross Rentable SF:

Proposed Zoning:

Proposed Land Use:

$1,300,000

.46 Acres

+/- 4,800 Sq Ft

Industrial Light (IL)

Entertainment Mixed Use (EM)

Excellent 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 (EM) Entertainment Mixed-Use Land Use, adjacent to the Las Vegas Resort Corridor in the bustling Chinatown District.​

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

• Three buildings situated upon .93 acres of land fully occupied with commercial and industrial tenants

• Immediate proximity to Interstate 15 on Spring Mountain Road at the entrance to Chinatown

• Located within an Opportunity Zone

• Adjacent to the unique retail and dining experiential destination that is the Chinatown and Asian District frequented by locals and visitors alike

• 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

• Limited vacancy in Spring Mountain / Chinatown corridor with average rents of $34.55/NNN for retail space

• Opportunity to enhance revenues with mark-to-market rents of existing tenants or reposition as needed