3013 W. Sahara Avenue

3013 W. Sahara Avenue, Las Vegas, NV 89102

— For Sale —

Offering Price $1,600,000

NOI $100,400

CAP Rate 6.3%

Total Square Footage ± 3,000 SF

Property Information

LOGIC Commercial Real Estate presents the opportunity to purchase the fee simple interest in 3013 W. Sahara Avenue, a single-tenant, net-leased freestanding retail building located at the signalized intersection of Sahara Avenue and Richfield Boulevard, just minutes from the Las Vegas Strip. The property is approximately 1.5 miles from the world-famous Las Vegas Strip, which attracts 42 million annual visitors, and is a 15-minute drive from Harry Reid International Airport.

Current Lease Status

  • Structured as an initial 5-year term with ±2 years remaining
  • Current annual rent of $100,440 • Scheduled rent escalation to $104,400 on December 1, 2025
  • Lease expiration date of November 30, 2026
  • Personally guaranteed by operator who owns wholesale vape distribution facility

Option Period Structure

  • One (1) five-year option period
  • No defined base rent for option period provides investor significant flexibility
  • Opportunity to negotiate market rents with existing tenant
  • Potential to secure new tenant at market rates
  • Flexibility for owner-user occupancy at initial term expiration

Contact

Brokerage

Sean Margulis

Founding Partner
Las Vegas
License S.0070247
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O 702.954.4102
C 702.340.4251
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Brokerage

Landon Tenwolde

Senior Associate
Las Vegas
License S.0184822
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O 702.954.4141
C 248.495.7586
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