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Property profile & analytics
FOR LEASE
Strip malls

3160 E Desert Inn Rd Las Vegas, NV 89121

20,490 SF 1.88 ac lot Built 1988
Trust Owned 13-yr Hold Free & Clear
Property ID
US62-0469782
Property summary
AI-generated overview

This exceptional retail and office opportunity is located at 3160 E Desert Inn Rd, Las Vegas, NV 89121, in the vibrant Central submarket of Clark County. The property, known as Desert Inn Square, offers multiple tenancy options within a 20,470 square foot building, zoned C-2. Two spaces are currently available, with a minimum divisible space of 1,110 square feet and a maximum contiguous space of 1,750 square feet. A total of 2,860 square feet is currently vacant, presenting a prime opportunity for businesses seeking immediate occupancy. The strategic location provides excellent visibility and accessibility, situated less than one mile west of the 93/95/515 freeway interchange, ensuring convenient access for customers and employees. Furthermore, its proximity to the Las Vegas Convention Center (approximately 2 miles east) offers significant potential for attracting a diverse clientele. This property is ideal for a variety of retail or office uses, offering a flexible and adaptable space to suit individual business needs. The property's location within a thriving commercial area promises high foot traffic and strong potential for business growth. Inquire today to learn more about this exciting opportunity.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1988
Construction FRAME
Total area 20,490 SF
Lot 1.88 ac (81,893 SF)
APN 162-12-802-002
UPID US62-0469782
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Ache Association Or Organization
  • Eckankar Clothing Supplier
  • Iglesia Evangelica Monte Santo Church
  • Eckankar Center of Las Vegas Church Mosque
  • Mystique MM Studio Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.99M
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.15M
Owner & transaction history
Wong Arthur K C Trust · 13 yrs held
Wong Arthur K C Trust
since 2012
3 recorded transactions
2012
Price N/A
1994
$1.5M
1988
$575,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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