Single-Story Office
For Sale
Contact for pricing
3340 West Sahara Avenue, Las Vegas, NV 89102
Single-story office building within a five-building campus, with surface parking and a three-story parking structure.
Property Size4,642 SF
Price / SF$310.86
Days on Market100
Property Features for 3340 West Sahara Avenue
General Information
Standard status
Active
Size
4,642 SF
Total Parking Spaces
815
Property subtype
Office
Zoning
C-1 Limited Commercial, City of Las Vegas
Occupancy
100%
Investment Type
Net Lease
Net Operating Income
$104,631
Building Details
Year Built
1986
Tenancy
Single
Listing Agency:
Cushman & Wakefield - Las Vegas, Nevada
Listed By:
Marlene Fujita · License #S.0054013
(702) 688-6884
Source:
Crexi
Added: Jul 24
Changed: Oct 25
Last Checked: Oct 30 at 2:49PM
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 Cushman & Wakefield - Las Vegas, Nevada
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
3340 West Sahara Avenue is a single-story office building within the five-building Sahara Financial Center campus. The property contains approximately 4,642 square feet and sits on a portion of an 8.29-acre parcel, with common areas providing parking across surface level stalls and an attached three-story parking structure.
The building fronts West Sahara Avenue and is described as having high visibility and easy access for employees and customers. Traffic counts are stated to exceed 51,000 vehicles per day, and proximity to Interstate-15 supports convenient commuting.
The property is currently managed by on-site management and is occupied by the State of Nevada’s Department of Business and Industry, Public Works Division. The remarks also note the location within about 3 miles of University Medical Center (UMC) and Valley hospitals.
The building fronts West Sahara Avenue and is described as having high visibility and easy access for employees and customers. Traffic counts are stated to exceed 51,000 vehicles per day, and proximity to Interstate-15 supports convenient commuting.
The property is currently managed by on-site management and is occupied by the State of Nevada’s Department of Business and Industry, Public Works Division. The remarks also note the location within about 3 miles of University Medical Center (UMC) and Valley hospitals.
Key Highlights
- Single‑story office building built in 1986, ±4,642 SF, within the Sahara Financial Center five‑building campus
- Located on a portion of ±8.29 acres with parking in surface level stalls and a three‑story parking structure
- Fronts West Sahara Avenue with traffic counts exceeding 51,000 vehicles per day
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,440
Cap Rate
4.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,428,800
$1.4M
Cap Rate 7%
$1,020,571
$1.0M
Cap Rate 9%
$793,778
$793.8K
Market Conditions
NOI Build-Up for 4,642 SF
Gross rent
$111.4K $24.00/SF
− Vacancy
−$16.2K −$3.48/SF
EGI
$95.3K $20.52/SF
− OpEx
−$23.8K −$5.13/SF
NOI
$71.4K $15.39/SF
Area
Las Vegas, NV
Vacancy
14.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,428,800
Cap Rate 7%
$1,020,571
Cap Rate 9%
$793,778
Alternative Uses
Best Use
Office B
$1.02M
$893.0K – $1.19M
NOI $71,440 @ 7.0% cap · market cap 4.95%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.60M
$1.40M – $1.87M
NOI $112,280 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,435
Businesses Nearby
Explore this area
Business Placement
Demographics for 89102, NV
36,035
Population
16,964
Households
2.1
Avg Household Size
36
Median Age
18%
College-Educated
75%
High-School Grad
5.3 sq mi
ZIP Area
6,799
Density / Sq Mi
$48,518
Median Household Income
$30,703
Median Earnings
$1,206
Median Rent
$363,200
Median Home Value
Market
Vacancy Rate% for Office in Las Vegas, NV
Frequently Asked Questions
What type of property is this?
Office building - Single-story office building within a five-building campus, with surface parking and a three-story parking structure.
Where is this office building located?
The property is located at 3340 West Sahara Avenue Las Vegas, NV.
What is the asking price?
The asking price for this property is $1,443,000.
What are key features of this property?
This property features: Single‑story office building built in 1986, ±4,642 SF, within the Sahara Financial Center five‑building campus; Located on a portion of ±8.29 acres with parking in surface level stalls and a three‑story parking structure; Fronts West Sahara Avenue with traffic counts exceeding 51,000 vehicles per day
