W. Charleston Blvd. & S. Decatur Blvd.

4950 W. Charleston Blvd., Las Vegas, NV 89146

— For Sale —

Offering Price $1,600,000

Price Per Square Foot ± 330.58 PSF

Total Acreage ± 0.48 AC

Occupancy 100%

Property Information

LOGIC Commercial Real Estate, on behalf of the seller, is pleased to present an exceptional opportunity to acquire a retail property located at 4950-4960 W. Charleston Blvd. in Las Vegas, Nevada. This ± 4,840 SF retail building is fully leased to four tenants, offering a strong and stable cash flow.

The property boasts ± 136 FT of frontage on W. Charleston Blvd. near the S. Decatur Blvd.  intersection, ensuring excellent visibility and accessibility. With over ± 38,000 cars per day (CPD) passing the location, the site benefits from high traffic exposure, making it an attractive destination for retail businesses.

Currently, all tenants are on modified gross leases with below-market rental rates, presenting an excellent opportunity for an investor to capitalize on rental upside. Upon lease expiration, the opportunity exists to convert the leases to a triple net structure, allowing for an increase in Net Operating Income.

This property is an ideal investment for those looking to secure a well-located asset with long-term potential for rent growth and improved cash flow.

Contact

Brokerage

Joanna Zirbes, CCIM

Vice President
Las Vegas
License NV.S.0184741 / CA.02010713
linkedin-square
O 702.954.4163
C 909.322.4314
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Brokerage

Brendan Leake

Senior Associate
Las Vegas
License S.0178140
O 702.954.4132
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