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Freestanding Net-Leased Retail Building
For Sale
Contact for pricing
Pending

2597 E Charleston Boulevard, Las Vegas, NV 89104

Newly constructed freestanding building is leased to Family Dollar under a net lease with limited landlord responsibilities.

Property SizeContact for details
Days on Market149

Property Features for 2597 E Charleston Boulevard

General Information

Standard status Pending
Property subtype Retail
Lease Type NNN

Additional Details

Lease Term 120 months
Traffic Count 65,400 vehicles/day

Building Details

Year Built 2016
Tenancy Single
Listing Agency: SRS Real Estate Partners Newport Beach
Listed By: Patrick R. Luther, CCIM · License #01912215
Source: Crexi
Added: Apr 10 Changed: Aug 27 Last Checked: Sep 4 at 6:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Newport Beach

Investment Insights

Based on property information with market context.

SRS National Net Lease Group presents a newly constructed, freestanding net-leased retail investment offered as fee simple ownership (land & building). The property is under lease to Family Dollar, which recently signed a 10-year lease with five (5-year) renewal options. Rent increases are 10% at the beginning of each option period, and the lease is structured as a net lease with limited landlord responsibilities limited to roof & structure only. Construction was completed in 2016.

The site is located in downtown Las Vegas along State Highway 159 / State Highway 582 with a combined 65,400 vehicles per day, providing strong street visibility. The property is less than 4 miles from the University of Nevada, Las Vegas. The site is adjacent to Lowe’s Home Improvement, supporting retail trade crossover.

The surrounding trade area is described as densely populated, with more than 523,000 residents and an average household income of $46,000 within a 5-mile radius.

Key Highlights

  • Fee simple (land & building) interest in a newly constructed, freestanding net‑leased investment property in Las Vegas, NV
  • Family Dollar tenant with a recently signed 10‑year lease plus 5 (5‑year) renewal options
  • Lease includes 10% rental increases at the beginning of each option period

Property Analytics

Current Use

Family Dollar Discount Store

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center Parking Lot & Garage Skin Care Clinic Pharmacy Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

65,400 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,338
Businesses Nearby

Demographics for 89104, NV

41,662
Population
16,704
Households
2.5
Avg Household Size
38
Median Age
15%
College-Educated
72%
High-School Grad
5.7 sq mi
ZIP Area
7,309
Density / Sq Mi
$50,945
Median Household Income
$34,278
Median Earnings
$1,138
Median Rent
$298,700
Median Home Value

Market

Vacancy Rate% for Retail in Las Vegas, NV

7.7% 2019
8.3% 2020
7.2% 2021
6.1% 2022
6% 2023
5.2% 2024
5.7% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Newly constructed freestanding building is leased to Family Dollar under a net lease with limited landlord responsibilities.
Where is this nnn property located?
The property is located at 2597 E Charleston Boulevard Las Vegas, NV.
What are key features of this property?
This property features: Fee simple (land & building) interest in a newly constructed, freestanding net‑leased investment property in Las Vegas, NV; Family Dollar tenant with a recently signed 10‑year lease plus 5 (5‑year) renewal options; Lease includes 10% rental increases at the beginning of each option period
(480) 221-4221 Call to check price and availability
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