7860 Sahara Ave Las Vegas, NV 89117-1907

Property Details for 7860 Sahara Ave

Year built

2003

Construction

FRAME

Lot size

0.14 lot acres

Property size

4,800 SF

Property type

Office buildings

APN

163-04-814-008

APU

16304814008

Description

This exceptional investment opportunity presents a fully leased, single-story office building totaling 4,800 square feet, situated within the prestigious Coronado Bay Business Park in Las Vegas, Nevada. The property, built in 2003, features three suites currently occupied by two tenants under a triple net (NNN) lease structure. The building boasts 10 dedicated covered parking spaces, a significant advantage in this desirable location. The current occupancy is 100%, generating a substantial net operating income (NOI) of $79,155, representing a 4.67% cap rate on the asking price of $1,695,000. The property is zoned for office use and sits on a 0.14-acre lot. Detailed financial information is available, including individual lease terms and rental income for each of the three suites. Suite #110 (2,204 sq ft) and Suite #170 (1,433 sq ft) are currently leased to Eric Blank Injury Attorneys under a lease expiring January 31, 2025, with a renewal option. Suite #150 (1,163 sq ft) is leased to the Nevada Youth Soccer Association under a five-year lease expiring January 31, 2028. The strategic location on West Sahara Avenue provides easy access to major transportation arteries, retail amenities, and numerous restaurants, enhancing both the property's value and tenant appeal. This is a rare opportunity to acquire a high-performing, well-located commercial property with strong, long-term tenants in a thriving Las Vegas market. The property's Class B designation and single-story design further contribute to its investment appeal.