8951 W Sahara Ave - Office/Residential FOR SALE


Las Vegas, NV 89117- West Sahara
$3,250,000 USD
702-366-4369
8951 W Sahara Ave, Las Vegas, NV for Sale
$3,250,000 USD
Office/Residential - FOR SALE
1/12
null | 5.5% Cap Rate

8951 W Sahara Ave
Las Vegas, NV 89117
West Sahara


HIGHLIGHTS

  • New 10 Year Lease with 3% annual bumps
  • Completely renovated in 2025 including all new AC units
  • Sahara Frontage
  • 5.5% cap rate
  • Tenant in place since 2018.
  • HQ for Teamsters Local Union 14

OVERVIEW

New 10 Year Lease. 5.5% cap rate. Completely renovated in 2025, including all new AC units. Tenant has been on-site since 2018. 3% annual escalations. Modified Gross Lease. Below Replacement cost.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$361 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

C-1, Las Vegas

APN/PARCEL ID

163-08-120-013

ASK ABOUT THIS PROPERTY

Michael McLeodAlbright Callister & AssociatesMore Info
702-366-4369

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Michael McLeodAlbright Callister & AssociatesMore Info
702-366-4369

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.