Map of Property

5935 Polaris Avenue

5935 Polaris Avenue, Las Vegas, NV 89118

  • For Sale $12,400,000
  • Property Type Industrial
  • Property Size 42,909 SF
  • Lot Size 2.46 Acre
  • Cap Rate % 3.84
  • NOI / YR 475001.04
  • Parking Spaces Avail. 78
  • Parking Ratio 1.82 / 1,000 SF
  • Building Class B
  • Year Built 1983
  • Date Updated Apr 24, 2024
  • Clear Height 18'
  • Grade Level Doors 13
  • Office Area 4,000 SF
  • Electricity Service 277/480 Volt, 3-Phase power
  • Fire Sprinklers Other

5935 South Polaris Avenue (the "Property") is located near the intersection of Russell Road and the I-15, approximately 1,500 feet South of Allegiant Stadium on the NWC of Polaris Avenue and Ponderosa Way. The improvements were built in 1983 and consist of three (3) steel, single-tenant industrial buildings totaling ±42,909 SF on ±2.46 acres. The buildings are occupied by two Tenants on NNN Leases, Service King and A-1 Mechanical. The Lease for Service King expires 12/31/2028 and the Lease for A-1 Mechanical expires 5/31/2026; Service King's Lease includes two (2) 5-year Options to Renew at CPI and A-1 Mechanical's Lease has one (1) 2-year Option to Renew at fair market rent. Extremely functional Industrial property with 18' clearance height, fire sprinklers, 277/480 Volt, 3-Phase power, seventy-eight (78) total parking spaces and thirteen (13) grade level roll-up doors. The Property is zoned M-1 Light Industrial (Clark County), which permits general industrial and light manufacturing. The Property is owned free & clear. For more information or to schedule a tour please contact Alex Stanisic at 702-369-4974 or Dean Willmore at 702-369-4808.

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Contacts

broker

Michael Willmore Is this you?

CBRE

(702) 369-4823

broker

Lauren Willmore Is this you?

CBRE

(702) 369-4825

broker

Kyle Kirchmeier Is this you?

CBRE

(702) 369-4682

broker

Alex Stanisic Is this you?

CBRE

(702) 369-4874

broker

Dean Willmore Is this you?

CBRE

(702) 369-4808

Location

Getting Around

  • Walk Score ®

    32/100 Car-Dependent

  • Transit Score ®

    37/100 Some Transit

  • Bike Score ®

    36/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Las Vegas, NV
  • Neighborhood Paradise
  • Zip Code 89118
  • Market Las Vegas

Points of Interest

  • Mandalay Bay

    1.03 miles

  • Luxor

    1.19 miles

  • Rideshare Pickup

    1.32 miles

  • Excalibur

    1.35 miles

  • Excalibur North

    1.46 miles

  • YCS Cab

    1.58 miles

  • MGM Grand

    1.79 miles

  • Park MGM Tram Station

    1.79 miles

  • Rideshare Pickup

    1.89 miles

  • The Crystals Tram Station

    1.93 miles

  • Chevron

    0.87 miles

  • Shell

    0.96 miles

  • Tesla Supercharger

    1.05 miles

  • Standard

    1.31 miles

  • Arco

    1.33 miles

  • Arco

    1.35 miles

  • Shell

    1.38 miles

  • Maverik

    1.39 miles

  • Sinclair (Truck Stop)

    1.46 miles

  • Chevron

    1.48 miles

  • Allegiant Stadium Lot S

    0.30 miles

  • Allegiant Stadium Ford Lot M

    0.40 miles

  • Allegiant Stadium Ford Lot J

    0.40 miles

  • Allegiant Stadium Lot G

    0.48 miles

  • Allegiant Stadium Lot F

    0.51 miles

  • Allegiant Stadium Lot E

    0.59 miles

  • Allegiant Stadium Lot K

    0.60 miles

  • Allegiant Stadium Lot W

    0.61 miles

  • Allegiant Stadium Lot A

    0.73 miles

  • Allegiant Stadium Lot D

    0.78 miles

  • Border Grill

    0.79 miles

  • Strip Steak

    0.81 miles

  • Jack in the Box

    0.86 miles

  • Aureole

    0.87 miles

  • Fleur by Hubert Keller

    0.89 miles

  • Mizuya

    0.91 miles

  • Red Square

    0.92 miles

  • Noodle Shop

    0.92 miles

  • Veranda

    0.92 miles

  • LUPO

    0.93 miles

  • The Shoppes at Mandalay Place

    1.03 miles

  • Whole Foods Market

    1.17 miles

  • TJ Maxx

    1.19 miles

  • Showcase

    1.70 miles

  • The Crystals

    1.94 miles

  • Las Vegas Premium Outlet South

    2.13 miles

  • Miracle Mile Shops

    2.14 miles

  • Miracle Mile Shops

    2.15 miles

  • Las Vegas Outlet Center Annex

    2.32 miles

  • Saks Off 5th

    2.32 miles

  • Clark County Fire Station Number 11

    0.70 miles

  • Las Vegas Metropolitan Police Southern Command

    0.72 miles

  • Metro Dispatch Center

    1.07 miles

  • Nevada Highway Patrol

    1.24 miles

  • Clark County Fire Station Number 21

    1.31 miles

  • Clark County Fire Station Number 13

    1.65 miles

  • Walgreens

    1.80 miles

  • Walgreens

    1.81 miles

  • CVS Pharmacy

    1.81 miles

  • Clark County Fire Station Number 24

    1.97 miles

Frequently Asked Questions

What is the lease rate for 5935 Polaris Avenue?

Rental asking rate at 5935 Polaris Avenue is $6,200,000.00/YR.

What is the total square footage of 5935 Polaris Avenue?

5935 Polaris Avenue totals 42,909 square feet.

When was this property built?

5935 Polaris Avenue was built in 1983.

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