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Multi-Tenant Retail Center
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Pending

1942 E Sahara Ave. & 2330 San Jose Ave, Las Vegas, NV 89104

Fully occupied property with four tenants across two separate retail buildings.

Property Size5,002 SF
Lot Size0.39 Acres
Days on Market144

Property Features for 1942 E Sahara Ave. & 2330 San Jose Ave

General Information

Standard status Pending
Size 5,002 SF
Lot size 0.39 Acres
Property subtype Retail
Occupancy 100%

Site & Location

Corner Location Yes
Traffic Count 44,000 vehicles/day

Building Details

Buildings 2
Tenancy Multi
Listing Agency: LOGIC Commercial Real Estate
Listed By: Brendan Keating · License #NV B.0068678.CORP
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 9:06PM

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 LOGIC Commercial Real Estate

Investment Insights

Based on property information with market context.

This fully occupied retail property comprises two separate buildings totaling approximately 5,002 square feet on approximately 0.39 acres. Four tenants occupy the site under leases with staggered expiration dates, including a billboard lease. Two agreements have recently been renewed, while two occupants have maintained their tenancy for more than 10 years.

The property sits at the hard corner of E. Sahara Ave. and San Jose Ave. in Las Vegas, with exposure to more than 44,000 cars per day. Its central east submarket location is less than two miles from the Las Vegas Strip and the US-95 Freeway. More than 550,000 residents live within a five-mile radius, placing the site within a dense, mature area.

Key Highlights

  • 100% occupied by four tenants
  • Two retail buildings totaling +/-5,002 square feet on +/-0.39 acres
  • Leases have staggered expirations, including a billboard lease

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Daycare Center Parking Lot & Garage Kitchen & Bath Showroom Garden Center (Bike/Boat/Book/etc) Store Wine and Liquor Store

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

44,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,456
Businesses Nearby
Balanced
Demand for This Use

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?
Shopping center - Fully occupied property with four tenants across two separate retail buildings.
Where is this shopping center located?
The property is located at 1942 E Sahara Ave. & 2330 San Jose Ave Las Vegas, NV.
What are key features of this property?
This property features: 100% occupied by four tenants; Two retail buildings totaling +/-5,002 square feet on +/-0.39 acres; Leases have staggered expirations, including a billboard lease
More about this property
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