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