3360 W Cactus Ave Las Vegas, NV
7,085 SF multi-tenant strip center, 100% occupied in Las Vegas.
Property Features for 3360 W Cactus Ave
General Information
- Standard status
- Active
- Size
- 7,085 SF
- Lot size
- 2.24 Acres
- Property subtype
- RETAIL
Listing office Adelphi Property Advisors LLC (702) 755-5486
Listing date Nov 14, 2025
Source Moodyscre
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Investment Insights
Based on property information with market context.
Key Highlights
- 100% Occupancy: Providing immediate income.
- Long‑Term Lease with Strong Tenant: Gentle Dental, a nationally recognized tenant, occupies 48% of the property with a lease extending to 2033.
- Credit Tenant: Gentle Dental's lease is backed by Interdent, a large organization.
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 | $242.3k | $34.20 |
| − Vacancy | −$13.8k | −$1.95 |
| EGI | $228.5k | $32.25 |
| − OpEx | −$68.5k | −$9.68 |
| NOI | $159.9k | $22.58 |