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Las Vegas Retail Investment Opportunity

3013 W Sahara Ave Las Vegas, NV

3013 W Sahara Ave, Las Vegas, NV, 00000
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Retail space with lease in place and future upside.

Property Size3,000 SF
Lot Size0.19 Acres
Price / SF$533.33
AddedAug 1, 2025
Days on Market348
Last RefreshMay 20 at 8:52 pm

Property Features for 3013 W Sahara Ave

General Information

Standard status
Active
Size
3,000 SF
Lot size
0.19 Acres
Property subtype
RETAIL

Listing office Logic Commercial Real Estate | Las Vegas

Listing date Aug 1, 2025

Source Moodyscre

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 | Las Vegas


Investment Insights

Based on property information with market context.

This retail property features an initial 5-year term with approximately 2 years remaining. The current annual rent is $100,440, with a scheduled rent escalation to $104,400 on December 1, 2025. The lease expiration date is November 30, 2026. The lease is personally guaranteed by the operator, who owns a wholesale vape distribution facility. There is one five-year option period. The absence of a defined base rent for the option period provides significant flexibility for the investor. There is an opportunity to negotiate market rents with the existing tenant, as well as the potential to secure a new tenant at market rates. The property offers flexibility for owner-user occupancy at the initial term's expiration. The property size is 3,000 square feet and is located on W Sahara Ave in Las Vegas, NV.

Key Highlights

  • Current annual rent of $100,440.
  • Scheduled rent escalation to $104,400 on December 1, 2025.
  • Personally guaranteed by operator who owns wholesale vape distribution facility.

Local Financial Insights For 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 $102.6k $34.20
− Vacancy −$5.8k −$1.95
EGI $96.8k $32.25
− OpEx −$29.0k −$9.68
NOI $67.7k $22.58
3,000 SF · lease $34.20/SF/yr · vacancy 5.70% · expense 30.00%

Alternative Uses

Best Use
Retail
$967.5K
$846.6K – $1.13M (±1% cap)
NOI $67,726 @ 7.0% cap · market cap 4.23%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.04M
$907.1K – $1.21M (±1% cap)
NOI $72,564 @ 7.0% cap · market cap 4.54%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Vape Pirates (Bike/Boat/Book/etc) Store

Suggested Use

Dental Office Hair Salon Spa & Massage Center Restaurant Gym & Fitness Center HVAC Service Daycare Center Nail Salon Skin Care Clinic Pharmacy

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

FAQs

What type of property is this?
Retail space - Retail space with lease in place and future upside.
Where is this retail space located?
The property is located at 3013 W Sahara Ave Las Vegas, NV.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Current annual rent of $100,440.; Scheduled rent escalation to $104,400 on December 1, 2025.; Personally guaranteed by operator who owns wholesale vape distribution facility.
Contact an agent
(702) 340-4251 Call to check price and availability
More about this property
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