Freestanding Retail Building on Boulder
5446 Boulder Hwy, Las Vegas, NV 89122
For Sale
Contact for pricing
6,250 SF retail building on 0.83 acres for sale/lease.
Property Size6,350 SF
Lot Size0.83 Acres
Price / SF$346.46
Days on Market264
Property Features for 5446 Boulder Hwy
General Information
Standard status
Size
Lot size
Property subtype
Investment Type
Building Details
Year Built
Buildings
Stories
Listing Agency:
LOGIC Commercial Real Estate
Listed By:
Gil Villegas · License NV 0182234.LLC
(702) 888-3500
Source:
Crexi
Added: Feb 24
Changed: Nov 3
Last Checked: Nov 12 at 6:16AM
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
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Investment Insights
Based on property information with market context.
This 6,250 square foot freestanding retail building is situated on 0.83 acres along Boulder Highway. The former bank branch includes an existing drive-thru. The property is located at the lighted intersection of Boulder Highway and E. Tropicana Avenue, benefiting from frontage and exposure to approximately 58,200 cars per day. The building is anchored by Albertsons and surrounded by national, regional, and local co-tenants, including Starbucks, Burger King, Del Taco, Planet Fitness, Panda Express, 7-Eleven, and Domino's Pizza. Pylon signage is available. The property is located in a trade area of approximately 389,720 residents within a 5-mile radius, with an average annual household income of $88,348. This asset is available for sale or lease.
Key Highlights
- High‑traffic location on Boulder Highway with approximately 58,200 cars per day.
- Freestanding 6,250 SF retail pad building on 0.83 acres.
- Dense, affluent trade area with approximately 389,720 residents within a 5‑mile radius. Average annual household income of $88,348.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$153,593
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,071,860
$3.1M
Cap Rate 7%
$2,194,186
$2.2M
Cap Rate 9%
$1,706,589
$1.7M
Market Conditions
NOI Build-Up for 6,350 SF
Gross rent
$217.2K $34.20/SF
− Vacancy
−$12.4K −$1.95/SF
EGI
$204.8K $32.25/SF
− OpEx
−$51.2K −$8.06/SF
NOI
$153.6K $24.19/SF
Area
Las Vegas, NV
Vacancy
5.70%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,071,860
Cap Rate 7%
$2,194,186
Cap Rate 9%
$1,706,589
Alternative Uses
Best Use
Specialty Retail
$2.19M
$1.92M – $2.56M
NOI $153,593 @ 7.0% cap · market cap 6.98%
Second Best
Retail
$2.05M
$1.79M – $2.39M
NOI $143,354 @ 7.0% cap · market cap 6.52%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
573
Businesses Nearby
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Business Placement
Demographics for 89122, NV
55,522
Population
22,033
Households
2.5
Avg Household Size
38
Median Age
17%
College-Educated
82%
High-School Grad
9.5 sq mi
ZIP Area
5,844
Density / Sq Mi
$60,357
Median Household Income
$35,095
Median Earnings
$1,379
Median Rent
$285,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Las Vegas, NV
Frequently Asked Questions
What type of property is this?
Bank - 6,250 SF retail building on 0.83 acres for sale/lease.
Where is this bank located?
The property is located at 5446 Boulder Hwy Las Vegas, NV.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: High‑traffic location on Boulder Highway with approximately 58,200 cars per day.; Freestanding 6,250 SF retail pad building on 0.83 acres.; Dense, affluent trade area with approximately 389,720 residents within a 5‑mile radius. Average annual household income of $88,348.
