Polar Shades 2 Industrial Properties in Las Vegas, NV

Link to Download Offering Memorandum: https://www.ipsocal.com/properties/polarshades/
NNN INDUSTRIAL INVESTMENT OPPORTUNITY IN SOUTHEAST LAS VEGAS
* Stable Tenancy | This asset is the long-time home to Polar Shades, a local company founded in Las Vegas in 1995. They purchased and moved in to the 5520 Stephanie building in 2018. Due to continued growth, they purchased the land, then developed (completed in 2024) the 5480 Stephanie building specifically for their needs and continued growth.
* Strategic Location | Located just off the I-95, this location allows for ease of access to the Las Vegas Valley, along with efficient regional connectivity.
* Ease of Ownership | Single tenant occupancy and a NNN lease allows for reduced landlord responsibility while providing a steady income stream.
* Attractive Leaseback Terms | Initial five (5) year lease term from close of escrow with two (2) five (5) year options.

EXCEPTIONAL MARKET FUNDAMENTALS WITH LONG-TERM UPSIDE
* According to the Las Vegas Global Economic Alliance, “the region routinely ranks at or near the nation’s highest in growth and investment and is currently experiencing population growth at three times the national average. Over 10,000 businesses and more than 180,000 jobs have been created in Clark County since 2011.”
* Over the past year, there has been an influx of companies outside of the market that persist to survey the valley to either relocate or expand their businesses, mainly in part due to its business-friendly and favorable tax environment.
* Las Vegas offers a strong business environment, supported by Nevada’s pro-business regulations, business-friendly local municipality, ideal time- zone advantage, diverse workforce and competitive labor market.