4535 Sahara Ave Las Vegas, NV 89102

This 21,696 square foot, two-story Class B office building in Las Vegas, NV, presents a compelling value-add opportunity. Located at 4535 W. Sahara Ave, this fee-simple property boasts 31 units with 100% occupancy (until November 1, 2024), generating a current NOI of $184,769 and a 7.13% cap rate. A pro-forma NOI of $333,588 projects a 9.46% cap rate, reflecting significant upside potential. Partially renovated in 2023, the property sits on a 36,155 square foot lot zoned C-1, offering flexibility for future development. The building features 27 tenants with built-in rent bumps of 10% annually. Built in 1978, this multi-tenant property offers a strong foundation for an investor seeking to enhance value through strategic improvements and management. The prime location on W. Sahara Ave ensures high visibility and accessibility, attracting a diverse range of commercial tenants. This investment presents a unique chance to capitalize on a growing Las Vegas market and achieve substantial returns.