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Former Convenience Store on Charleston Blvd

3500 E Charleston Blvd Las Vegas, NV

3500 E Charleston Blvd, Las Vegas, NV, 00000
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2,581 SF former convenience store on high-traffic Charleston Blvd.

Property Size2,581 SF
Lot Size0.38 Acres
Price / SF$581.17
AddedJul 30, 2025
Days on Market350
Last RefreshMay 20 at 8:56 pm

Property Features for 3500 E Charleston Blvd

General Information

Standard status
Active
Size
2,581 SF
Lot size
0.38 Acres
Property subtype
RETAIL

Listing office Cushman & Wakefield | Las Vegas

Listing date Jul 30, 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 Cushman & Wakefield | Las Vegas


Investment Insights

Based on property information with market context.

The subject property is a 2,581 square foot former convenience store and fuel station, originally built in the 1970s. Situated on Charleston Boulevard, a highly trafficked road with approximately 31,000 vehicles per day, the property benefits from direct street exposure. It features two direct turns for westbound traffic and a curb cut at Pecos Road with an immediate direct turn for eastbound traffic. Located to the east is access to Interstate 11, also known as Highway US 95 and US 93, which sees more than 75,000 vehicles per day and is approximately 1/4 of a mile away. The property's favorable traffic counts, corner location, and proximity to the interstate make it an ideal location for retail and commercial uses permissible under the City of Las Vegas’ C-1 (Limited Commercial) zoning code.

Key Highlights

  • High traffic location on Charleston Blvd (31,000 VPD).
  • Proximity to Interstate 11/Highway US 95/US 93 (75,000+ VPD) - ±¼ mile away.
  • Corner lot with direct street exposure.

Local Financial Insights For Specialty 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 $88.3k $34.20
− Vacancy −$5.0k −$1.95
EGI $83.2k $32.25
− OpEx −$20.8k −$8.06
NOI $62.4k $24.19
2,581 SF · lease $34.20/SF/yr · vacancy 5.70% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$891.8K
$780.4K – $1.04M (±1% cap)
NOI $62,429 @ 7.0% cap · market cap 4.16%
Second Best
Retail
$832.4K
$728.3K – $971.1K (±1% cap)
NOI $58,267 @ 7.0% cap · market cap 3.88%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mega Electric Solar ... Corporate Office Circle K Grocery & Convenience Store

Suggested Use

Real Estate Agency Parking Lot & Garage Law Firm Daycare Center Skin Care Clinic Gym & Fitness Center (Bike/Boat/Book/etc) Store Spa & Massage Center (Bike/Boat/Book/etc) Store Acupuncture

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

FAQs

What type of property is this?
Gas station - 2,581 SF former convenience store on high-traffic Charleston Blvd.
Where is this gas station located?
The property is located at 3500 E Charleston Blvd Las Vegas, NV.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: High traffic location on Charleston Blvd (31,000 VPD).; Proximity to Interstate 11/Highway US 95/US 93 (75,000+ VPD) - ±¼ mile away.; Corner lot with direct street exposure.
Contact an agent
(951) 532-3889 Call to check price and availability
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