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 Market14
Property Features for 3340 West Sahara Avenue
General Information
Standard status
Active
Size
4,642 SF
Property subtype
Office
Building Details
Year Built
1986
Listing Agency:
Cushman & Wakefield - Las Vegas, Nevada
(702) 605-1549
Listed By:
Marlene Fujita · License #S.0054013
Source:
Crexi
Added: Jul 24
Changed: Jul 28
Last Checked: Aug 5 at 11:11AM
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
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 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 | $111.4k | $24.00 |
| − Vacancy | −$16.2k | −$3.48 |
| EGI | $95.3k | $20.52 |
| − OpEx | −$23.8k | −$5.13 |
| NOI | $71.4k | $15.39 |
4,642 SF · lease $24.00/SF/yr · vacancy 14.50% · expense 25.00%
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.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,724
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
Questions? Ask Rey
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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
