Property summary
Prime Las Vegas location, 20,000 sq ft, 7.47% cap rate, 100% occupancy, strong NOI, offering a fee simple ownership opportunity in a stabilized, multi-tenant retail and self-storage property. The property boasts 16 office/retail suites and 47 storage units, situated on 1.22 acres of land in a high-traffic area. Built in 1999, this two-story building features ample parking (44 spaces per 1,000 sq ft) and benefits from a C-1 zoning designation. The property enjoys excellent visibility and exposure due to its location near the intersection of E Sahara Avenue and N Nellis Blvd, experiencing combined daily traffic exceeding 71,043 vehicles. The asking price is $3,390,000, translating to $169.50 per square foot. The property generates a substantial net operating income (NOI) of $253,379, and includes rent bumps. This owner/user investment opportunity presents a compelling return on investment. The property's address is 4974 E Sahara Ave, Las Vegas, NV 89104, with APN 161-05-810-207.
Property profile
VerifiedCap rate & NOI
Current use
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Atm
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Bank Credit Union
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City Tax Office
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Clothing & Fashion Store
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Barber Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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