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West Sahara Avenue Office Building

2500 W Sahara Avenue Las Vegas, NV 89102

2500 W Sahara Avenue, Las Vegas, NV, 89102
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Office building on West Sahara Avenue near Palace Station Casino.

Property Size22,382 SF
Price / SF$223.39
AddedMay 21
Days on Market55
Last RefreshJun 27 at 12:35 am

Property Features for 2500 W Sahara Avenue

General Information

Standard status
Active
Size
22,382 SF
Property subtype
Office

Building Details

Year Built
1996

Listing office Executive Realty Services

Listing date May 21, 2026

Source Crexi

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 Executive Realty Services


Investment Insights

Based on property information with market context.

Located on West Sahara Avenue, this commercial property is directly across from Palace Station Casino, situated at the intersection of West Sahara Avenue and Rancho Drive. The West Sahara corridor is a well-established mid-city office area in Las Vegas, located between I-15 and US-95, placing it in the center of the metropolitan area's professional services hub. The property's size is 22382 square feet. The location is particularly suited for medical office use, which is currently the highest-demand segment in the West submarket, due to its proximity to two major hospital campuses and the expanding outpatient care sector. The property is located at 2500 W. Sahara Avenue, Las Vegas, NV 89102.

Key Highlights

  • Prime location on West Sahara Avenue, a well‑established mid‑city office corridor.
  • Directly across from Palace Station Casino.
  • Positioned between I‑15 and US‑95, providing excellent accessibility.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $537.2k $24.00
− Vacancy −$77.9k −$3.48
EGI $459.3k $20.52
− OpEx −$114.8k −$5.13
NOI $344.5k $15.39
22,382 SF · lease $24.00/SF/yr · vacancy 14.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$4.92M
$4.31M – $5.74M (±1% cap)
NOI $344,459 @ 7.0% cap · market cap 6.89%
Second Best
Healthcare Medical
$4.24M
$3.71M – $4.94M (±1% cap)
NOI $296,517 @ 7.0% cap · market cap 5.93%
Theoretical Best
Specialty Retail
$7.73M
$6.77M – $9.02M (±1% cap)
NOI $541,375 @ 7.0% cap · market cap 10.83%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Arc Health & Wellness ... Occupational Health Service Pull 4 Wisdom ... Dental Office Consultants Medical Group Medical Group Desert PCA of Nevada Home Health Care Service WellTrac Gym & Fitness Center

Suggested Use

Dental Office Restaurant Building Supply Big Box & Wholesale Store Hair Salon Spa & Massage Center Gym & Fitness Center HVAC Service Pharmacy Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Sahara Animal Hospital — 4301 W Sahara Ave, Las Vegas, NV 89102

FAQs

What type of property is this?
Medical Office Space - Office building on West Sahara Avenue near Palace Station Casino.
Where is this medical office space located?
The property is located at 2500 W Sahara Avenue Las Vegas, NV.
What is the asking price?
The asking price for this property is $4,999,900.
What are key features of this property?
This property features: Prime location on West Sahara Avenue, a well‑established mid‑city office corridor.; Directly across from Palace Station Casino.; Positioned between I‑15 and US‑95, providing excellent accessibility.
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