Las Vegas Retail Investment
3013 W Sahara Ave Las Vegas, NV
For Sale
Contact for pricing
Retail space with lease in place and future upside.
Property Size3,000 SF
Lot Size0.19 Acres
Price / SF$533.33
Days on Market361
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 Agency:
Logic Commercial Real Estate | Las Vegas
(702) 340-4251
Listed By:
Sean Margulis · License #70247
(702) 340-4251
Source:
Moodyscre
Added: Aug 1, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:56AM
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.
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
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
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
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.
