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Multi-Tenant Retail Center
For Sale
Contact for pricing
Pending

3441 West Sahara Avenue, Las Vegas, NV 89102

Multi-tenant retail center is 92% occupied and includes billboard and cell tower lease income.

Property SizeContact for details
Days on Market144

Property Features for 3441 West Sahara Avenue

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Marcus & Millichap - Las Vegas
Listed By: Darren Alvino · License #NV | S.0171959
Source: Crexi
Added: Apr 10 Changed: Aug 27 Last Checked: Aug 31 at 2:51AM

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 Marcus & Millichap - Las Vegas

Investment Insights

Based on property information with market context.

This multi-tenant retail center is currently 92% occupied and is described as well maintained. The offering includes a billboard lease and a cell tower lease, creating an additional revenue component beyond the tenant base. The property also presents potential for a pad site development next to the billboard.

The center is located at 3441 West Sahara Avenue in Las Vegas, Nevada. Public remarks note the location as being in an Opportunity Zone and describe the retail center as shadowed by Brightwood College and Mariana’s Supermarkets, with excellent parking indicated by a stated 8:1,000 SF ratio.

With the central-west valley positioning noted in the remarks and occupancy described as 90+% in that context, the property is being presented for purchase as a stabilized multi-tenant retail asset. Population growth is also cited in the remarks as projected at 9.4% over the next five years, and rents are described as 20+% below submarket averages.

Key Highlights

  • Multi‑tenant retail center is 92% occupied with billboard and cell tower lease income
  • Low price per SF of $149.45 (as stated in the listing remarks)
  • Rents are 20+% below submarket averages (as stated in the listing remarks)

Property Analytics

Current Use

Cajun Mouth Restaurant Restaurant sahara west center Shopping Center & Mall Phat Taxes LLC Tax Department Mobile Medical Services Medical Supply Store Global Safety Network Drug Testing Service

Suggested Use

Top Pick Daycare Center Parking Lot & Garage Catering Service (Bike/Boat/Book/etc) Store Tanning Salon Veterinary Clinic

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

Location Intelligence

Trade Area within ½ mile

1,739
Businesses Nearby
Balanced
Demand for This Use

Demographics for 89102, NV

36,035
Population
16,964
Households
2.1
Avg Household Size
36
Median Age
18%
College-Educated
75%
High-School Grad
5.3 sq mi
ZIP Area
6,799
Density / Sq Mi
$48,518
Median Household Income
$30,703
Median Earnings
$1,206
Median Rent
$363,200
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?
Shopping center - Multi-tenant retail center is 92% occupied and includes billboard and cell tower lease income.
Where is this shopping center located?
The property is located at 3441 West Sahara Avenue Las Vegas, NV.
What are key features of this property?
This property features: Multi‑tenant retail center is 92% occupied with billboard and cell tower lease income; Low price per SF of $149.45 (as stated in the listing remarks); Rents are 20+% below submarket averages (as stated in the listing remarks)
More about this property
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