Freestanding Drive-Through Commercial
2865 E Charleston Blvd Las Vegas, NV 89104
For Sale
$999,999
Former bank branch with drive-through functionality and prominent frontage on a major commercial corridor, zoned C-2.
Property Size3,560 SF
Lot Size0.70 Acres
Price / SF$280.90
Days on Market112
Property Features for 2865 E Charleston Blvd
General Information
- Standard status
- Active
- Size
- 3,560 SF
- Lot size
- 0.70 Acres
- Property subtype
- Single-Tenant Vacant-User
Listing Agency:
Las Vegas Office
(702) 215-7120
Listed By:
Dustin R. Alvino · License #NV: BS.0143692, NJ: 2294556
(702) 215-7120
Source:
Marcusmillichap
Added: Apr 3
Changed: Jul 23
Last Checked: Jul 23 at 2:36AM
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 Las Vegas Office
Investment Insights
Based on property information with market context.
This freestanding commercial building was formerly operated as a bank branch and includes drive-through functionality. The property is approximately 3,453 SF on roughly 0.70 acres and is identified in public records as APN 162-01-102-006. Reported frontage is approximately 173 feet, and the site is zoned C-2, supporting a variety of service-oriented and retail use types in an owner-user or redevelopment scenario.
The building is positioned with prominent frontage along Charleston Boulevard and is described as an outparcel to Lowe’s Home Improvement at 2875 E. Charleston Blvd. Nearby national retailers referenced in prior materials include 7-Eleven, Taco Bell, O’Reilly, Raising Cane’s, and Starbucks. The broader Charleston corridor is noted as being under long-term planning focus through the City of Las Vegas’ Charleston 2050 Special Area Plan.
The building is positioned with prominent frontage along Charleston Boulevard and is described as an outparcel to Lowe’s Home Improvement at 2875 E. Charleston Blvd. Nearby national retailers referenced in prior materials include 7-Eleven, Taco Bell, O’Reilly, Raising Cane’s, and Starbucks. The broader Charleston corridor is noted as being under long-term planning focus through the City of Las Vegas’ Charleston 2050 Special Area Plan.
Key Highlights
- Freestanding commercial building formerly used as a bank branch, offering second‑generation site infrastructure
- Approximately 3,453 SF on roughly 0.70 acres with prominent frontage along E. Charleston Blvd
- Zoned C‑2 and listed in public records as APN 162‑01‑102‑006
Financial Insights For Specialty Retail
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 | $121.8k | $34.20 |
| − Vacancy | −$6.9k | −$1.95 |
| EGI | $114.8k | $32.25 |
| − OpEx | −$28.7k | −$8.06 |
| NOI | $86.1k | $24.19 |
3,560 SF · lease $34.20/SF/yr · vacancy 5.70% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.23M
$1.08M – $1.44M
NOI $86,109 @ 7.0% cap · market cap 8.61%
Second Best
Retail
$1.15M
$1.00M – $1.34M
NOI $80,368 @ 7.0% cap · market cap 8.04%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Chase Bank
Bank
Chase ATM
Atm
Chase Mortgage
Loan Service
FAQs
What type of property is this?
Bank - Former bank branch with drive-through functionality and prominent frontage on a major commercial corridor, zoned C-2.
Where is this bank located?
The property is located at 2865 E Charleston Blvd Las Vegas, NV.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Freestanding commercial building formerly used as a bank branch, offering second‑generation site infrastructure; Approximately 3,453 SF on roughly 0.70 acres with prominent frontage along E. Charleston Blvd; Zoned C‑2 and listed in public records as APN 162‑01‑102‑006
