• Broker Candace Bare 7022503392

Polaris Commerce Center 3 Industrial Properties Offered at $3,545,000 in Las Vegas, NV

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INVESTMENT HIGHLIGHTS

  • Three buildings situated upon .93 acres of land fully occupied with commercial and industrial tenants
  • Located within an Opportunity Zone
  • Significant daytime and nighttime traffic from both Las Vegas residents and tourists with +/- 53,500 VPD on Spring Mountain Road
  • Immediate proximity to Interstate 15 on Spring Mountain Road at the entrance to Chinatown
  • Adjacent to the unique retail and dining experiential destination that is the Chinatown and Asian District frequented by locals and visitors alike
  • High demand industrial and commercial submarket with limited availability - opportunity to enhance revenues with mark-to-market rents

EXECUTIVE SUMMARY

VALUE-ADD POTENTIAL!
PROPERTY SUMMARY
Marcus & Millichap is pleased to present this exciting opportunity to purchase a fully occupied industrial/commercial park situated upon .93 acres of land located at 3430-3450 Polaris Avenue in the Chinatown District of Las Vegas. Opportunity exists to increase rents to market with near-term lease expirations. Each building features two 12' roll-up doors and one well dock.
LOCATION AND ACCESSIBILITY
The offering 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.
** Also see available listing for adjacent property located at 3355 Pollux Avenue: https://www.loopnet.com/Listing/3355-Pollux-Ave-Las-Vegas-NV/36517281/

ATTACHMENTS

OM_3430-3450 Polaris Avenue_Polaris Commerce Center

PROPERTY FACTS

Price $3,545,000
Price / SF $274.96 / SF
Cap Rate 5.50%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 12,893 SF
Total Land Area 1.60 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Cogent
3430 Polaris Ave, Las Vegas, NV 89102
Industrial 4,095 SF 1989 -
3440 Polaris Ave, Las Vegas, NV 89102 Industrial 3,198 SF 1989 -
3450 Polaris Ave, Las Vegas, NV 89102 Industrial 5,600 SF 1989 -
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LINKS

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ADDITIONAL PHOTOS

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  • Listing ID: 36430981

  • Date on Market: 6/26/2025

  • Last Updated: 7/2/2025

  • Address: Polaris Commerce Center, Las Vegas, NV

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