4974 Sahara AveLas Vegas, NV 89104
- Retail properties
- 20,000 SF
Property Details for 4974 Sahara Ave
- Year built
- 1999
- Lot size
- 1.22 AC
- Property size (Sq ft)
- 20,000 SF
- Property type
- Retail properties
- Property subtype
- Lifestyle centers
Description
Prime Las Vegas location, 20,000 sq ft, 7.47% cap rate, 100% occupancy, strong NOI, offering a fee simple ownership opportunity in a stabilized, multi-tenant retail and self-storage property. The property boasts 16 office/retail suites and 47 storage units, situated on 1.22 acres of land in a high-traffic area. Built in 1999, this two-story building features ample parking (44 spaces per 1,000 sq ft) and benefits from a C-1 zoning designation. The property enjoys excellent visibility and exposure due to its location near the intersection of E Sahara Avenue and N Nellis Blvd, experiencing combined daily traffic exceeding 71,043 vehicles. The asking price is $3,390,000, translating to $169.50 per square foot. The property generates a substantial net operating income (NOI) of $253,379, and includes rent bumps. This owner/user investment opportunity presents a compelling return on investment. The property's address is 4974 E Sahara Ave, Las Vegas, NV 89104, with APN 161-05-810-207.
Location Insight
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Latitude
- 36.1446
- Longitude
- -115.067
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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