Two-Tenant NNN Retail
For Sale
Contact for pricing
5905 W SAHARA AVE, Las Vegas, NV 89146
Fully leased storefront occupied by Dunkin’ and Hertz since 2015.
Property Size3,900 SF
Price / SF$794.87
Days on Market72
Property Features for 5905 W SAHARA AVE
General Information
Standard status
Active
Size
3,900 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Net Operating Income
$175,436
Building Details
Year Built
2015
Stories
1
Units
2
Tenancy
Multi
Listing Agency:
Dapper Companies Corporation
Listed By:
Andrea Santanna · License #NV 65052
Source:
Crexi
Added: Aug 6
Changed: Oct 9
Last Checked: Oct 16 at 6:30AM
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 Dapper Companies Corporation
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Investment Insights
Based on property information with market context.
This 3,900-square-foot retail property was built in 2015 and is leased to two tenants under Triple Net (NNN) lease structures. Dunkin’ and Hertz have operated from the site since 2015, providing an established occupancy profile within a single building. The contemporary exterior includes floor-to-ceiling storefront glazing, modern architectural finishes, and direct exposure along West Sahara Avenue.
The property sits in a dense infill area of the Las Vegas Valley, surrounded by residential neighborhoods, employment centers, healthcare facilities, retail destinations, and hospitality uses. Its West Sahara Avenue location provides convenient access and visibility within an established commercial corridor. The tenant mix combines a quick-service restaurant with a vehicle rental operation, serving local residents, businesses, insurance replacement customers, and visitors.
The property sits in a dense infill area of the Las Vegas Valley, surrounded by residential neighborhoods, employment centers, healthcare facilities, retail destinations, and hospitality uses. Its West Sahara Avenue location provides convenient access and visibility within an established commercial corridor. The tenant mix combines a quick-service restaurant with a vehicle rental operation, serving local residents, businesses, insurance replacement customers, and visitors.
Key Highlights
- 3,900‑square‑foot retail property built in 2015
- Two tenants: Dunkin’ and Hertz
- Triple Net (NNN) lease structures
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$94,333
Cap Rate
3.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,886,660
$1.9M
Cap Rate 7%
$1,347,614
$1.3M
Cap Rate 9%
$1,048,144
$1.0M
Market Conditions
NOI Build-Up for 3,900 SF
Gross rent
$133.4K $34.20/SF
− Vacancy
−$7.6K −$1.95/SF
EGI
$125.8K $32.25/SF
− OpEx
−$31.4K −$8.06/SF
NOI
$94.3K $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%
$1,886,660
Cap Rate 7%
$1,347,614
Cap Rate 9%
$1,048,144
Alternative Uses
Best Use
Specialty Retail
$1.35M
$1.18M – $1.57M
NOI $94,333 @ 7.0% cap · market cap 3.04%
Second Best
Retail
$1.26M
$1.10M – $1.47M
NOI $88,044 @ 7.0% cap · market cap 2.84%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,926
Businesses Nearby
Explore this area
Business Placement
Demographics for 89146, NV
19,777
Population
8,385
Households
2.4
Avg Household Size
40
Median Age
25%
College-Educated
86%
High-School Grad
4.8 sq mi
ZIP Area
4,120
Density / Sq Mi
$64,330
Median Household Income
$38,121
Median Earnings
$1,407
Median Rent
$432,700
Median Home Value
Check the figures for this property
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?
NNN property - Fully leased storefront occupied by Dunkin’ and Hertz since 2015.
Where is this nnn property located?
The property is located at 5905 W SAHARA AVE Las Vegas, NV.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: 3,900‑square‑foot retail property built in 2015; Two tenants: Dunkin’ and Hertz; Triple Net (NNN) lease structures
