5055 W Sahara Ave
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5055 W Sahara Ave
36,495 SF Retail Building Las Vegas, NV 89146 $5,900,000 ($162/SF)
Investment Highlights
- Owner-User or Investment Opportunity: Property will be delivered vacant creating an opportunity for owner-users/investors seeking a retail anchor spac
- The Property benefits from the diverse mix of tenants within the Sahara Decatur Plaza which uses include restaurants/bars, beauty & wellness, med, etc
- Property Features: At the rear of the building there are three grade level roll up doors, one loading dock, and a trash compactor.
- Strategically located just off of the signalized southwest corner of W. Sahara Ave. & S. Decatur Blvd which sees ± 85,038 CPD.
Executive Summary
The Investment Services Group of LOGIC Commercial Real Estate has been exclusively retained to offer owner-users and/or investors the opportunity to acquire a ± 36,495 SF retail anchor junior box in a dense retail corridor of Las Vegas, NV. The Property is strategically located at the signalized southwest corner of W. Sahara Ave. & S. Decatur Blvd. Traffic counts at this intersection are ± 85,038 cars per day. Within the Sahara Decatur Plaza, a ± 125,000 SF community retail center spanning ± 12 AC, the Property is situated on ± 2.57 AC offering 119 parking spaces equating to a parking ratio of ± 3.26 spaces per 1,000 SF on its parcel alone. The Property is nestled in a densely populated area seeing a three mile population of 154,238.
Link to OM: https://logiccre.com/1031_properties/retail-anchor-owner-user-or-investor-opportunity/#
Link to OM: https://logiccre.com/1031_properties/retail-anchor-owner-user-or-investor-opportunity/#
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Storefront
Building Size
36,495 SF
Building Class
C
Year Built/Renovated
1988/2019
Price
$5,900,000
Price Per SF
$162
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.33
Lot Size
2.57 AC
Zoning
C-G, County
Parking
119 Spaces (3.26 Spaces per 1,000 SF Leased)
Frontage
313 FT on Sahara Ave
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 36,495 SF
- Retail
- -
- 120 Days
| Space | Size | Space Use | Position | Available |
| 1st Floor | 36,495 SF | Retail | - | 120 Days |
1st Floor
| Size |
| 36,495 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 120 Days |
Walk Score ®
Very Walkable (76)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 163-12-502-005 | Improvements Assessment | $486,514 |
| Land Assessment | $744,461 | Total Assessment | $1,230,975 |
PROPERTY TAXES
Parcel Number
163-12-502-005
Land Assessment
$744,461
Improvements Assessment
$486,514
Total Assessment
$1,230,975
Contacts
-
Cathy Jones -
Blaze Katz -
Paul Miachika -
Karim Chatoor -
Logic Commercial Real Estate
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5055 W Sahara Ave
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