5420 Sahara AveLas Vegas, NV 89146

  • Office buildings
  • 17,104 SF
For Lease

Property Details for 5420 Sahara Ave

Year built
1991
Construction
FRAME
Lot size
0.76 AC
Property size (Sq ft)
17,104 SF
Property type
Office buildings
APN
163-01-810-003
APU
16301810003

Description

This exceptional Class A office building, located at 5420 W Sahara Ave, Las Vegas, NV 89146, offers 3,460 square feet of immediately available space on the second floor of a two-story building. Built in 1995 and extensively renovated in 2023, the property boasts modern amenities including a new roof, elevator, and Cat6 wiring. The 17,848 square foot building features a total of 58 parking spaces and is conveniently situated near the intersection of Sahara Blvd and Lindell Rd, providing excellent visibility and accessibility. The location in the West Las Vegas submarket offers easy access to the 95 and 15 freeways, connecting tenants to Summerlin, Henderson, and Downtown Las Vegas. The space is adaptable to various office concepts, from traditional layouts to open and creative designs, with ample natural light. Restrooms are conveniently located in common areas on each floor. The property is zoned P-R and has an APN of 163-01-810-003. Generous tenant improvement allowances or build-to-suit options are available. The building's modern amenities include climate control and advanced security systems, ensuring a comfortable and secure work environment. This is a prime opportunity for businesses seeking a versatile and well-appointed office space in a thriving Las Vegas location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,715,766
    6.5%
    $3,429,938
    7%
    $3,184,942
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,426,786
    Geo Method
    $3,426,786
  • Alternative Use

    Use
    Valuation
    Residential
    $4,253,123
    Hospitality
    $3,895,838
    Educational
    $3,241,291
    Medical
    $3,352,764
    Retail
    $5,042,008
5420 Sahara Ave, Las Vegas, Nevada

Location Insight

City
Las Vegas
County
Clark
State
Nevada
Latitude
36.1455
Longitude
-115.215
CBSA code
29820
CBSA name
LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$21,509
$192,925
$529,484
$722,409
-
$551,214
$1,512,811
$2,064,025

FAQs

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