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    2877 Charleston Blvd Las Vegas, NV 89104

    Sponsored
    For Sale
    $5,100,000

    Fully Leased, High-Income Property

    Property size:
    7,985 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a fully leased, 7,985-square-foot retail building situated on a 0.75-acre lot at 2877 E Charleston Blvd in Las Vegas, NV 89104. The Class B property, built in 2008, boasts a strong tenant mix including 7-Eleven, Dotty's, Vegas Burrito, and Watermill Express, all operating under a triple-net (NNN) lease structure with annual rent escalations. The building features a convenient drive-thru and ample parking with 32 spaces. With 100% occupancy and three units, this multi-tenant property offers a stable income stream. The property is zoned CG Commercial General and benefits from high visibility on Charleston Boulevard, adjacent to a Lowe's shopping center. The asking price is $5,100,000, translating to $638.70 per square foot and $639 per square foot for land value. This prime retail location in Clark County provides a compelling investment opportunity with significant potential for long-term growth and return. The property features a single-story building.

    Property Features for 2877 Charleston Blvd

    General Information

    Property type
    Individual retail properties
    Square Feet
    7,985 SF
    Class
    B
    Lot Size
    32,670 SF

    Building Details

    Year Built
    2008
    Buildings
    1
    Stories
    1
    Units
    3
    Property Profile Location Intelligence

    Current Use by Public Records

    Watermill Express Bottled Water Supplier ATM 7ELEVEN, INC. Atm Dairy Queen (Treat) Fast Food Restaurant 7-Eleven Convenience Store Western Union Money Transfer Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.11154412086
    Latitude
    36.158500289573

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    FAQs

    What type of property is this?
    Individual retail property - Fully Leased, High-Income Property
    Where is this individual retail property located?
    The property is located at 2877 Charleston Blvd Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $5,100,000.
    Request Owner's contact information
    2877 Charleston Blvd Las Vegas, NV 89104
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    Las Vegas, NV 89104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2877 Charleston Blvd Las Vegas, NV 89104
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