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3513-3515 E Charleston Blvd
Las Vegas, NV 89104
Retail Property For Sale
Investment Highlights
- 100% leased, two-tenant retail building with Opportunity Zoning eligibility
- Below-market laundromat lease — value-add upside via lease rollover in 2027
- Recent capital investment in roof, parking, HVAC, and grease interceptor
- Guaranteed NNN restaurant anchor with 3.5% annual increases
- ±31,000 VPD on E. Charleston Blvd; ¼ mile to I-11/US-95
- Located across from City of Las Vegas Redevelopment Area 3
Executive Summary
A rare opportunity to own a fully-leased, two-tenant retail investment on a signalized hard corner of E. Charleston Blvd, one of the busiest retail corridors in the valley (±31,000 VPD). This ±3,600 SF building delivers stabilized income today with a clear, near-term path to grow NOI.
The property is anchored by a newly-signed, personally-guaranteed five-year NNN restaurant lease with 3.5% annual rent bumps, run by an experienced operator with multiple Las Vegas locations. The second suite is occupied by a long-term laundromat tenant paying below-market rent, on a lease expiring May 2027, giving the next owner a clear opportunity to mark rent to market or re-tenant.
Recent capital improvements include roof work, parking lot upgrades, HVAC, and a 2025 grease interceptor, reducing near-term capex risk for a buyer.
Situated directly across from the City of Las Vegas's newly established ±1,350-acre Redevelopment Area 3 (July 2026), the property sits in the path of corridor-wide reinvestment. It also falls within a Census Tract eligible for the 2027 Opportunity Zone 2.0 round, offering a potential buyer the ability to pair an OZ strategy with capital gains deployment (subject to final designation — consult your tax advisor).
This is a turnkey, income-producing asset for a 1031 buyer or value-add investor seeking in-place cash flow with built-in upside.
The property is anchored by a newly-signed, personally-guaranteed five-year NNN restaurant lease with 3.5% annual rent bumps, run by an experienced operator with multiple Las Vegas locations. The second suite is occupied by a long-term laundromat tenant paying below-market rent, on a lease expiring May 2027, giving the next owner a clear opportunity to mark rent to market or re-tenant.
Recent capital improvements include roof work, parking lot upgrades, HVAC, and a 2025 grease interceptor, reducing near-term capex risk for a buyer.
Situated directly across from the City of Las Vegas's newly established ±1,350-acre Redevelopment Area 3 (July 2026), the property sits in the path of corridor-wide reinvestment. It also falls within a Census Tract eligible for the 2027 Opportunity Zone 2.0 round, offering a potential buyer the ability to pair an OZ strategy with capital gains deployment (subject to final designation — consult your tax advisor).
This is a turnkey, income-producing asset for a 1031 buyer or value-add investor seeking in-place cash flow with built-in upside.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,600 SF
Building Class
C
Year Built/Renovated
1966/2025
Price
$1,156,142 CAD
Price Per SF
$321.15 CAD
Cap Rate
7%
NOI
$80,923 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
0.32 AC
Zoning
C-G - CG (Commercial General) zoning district is designed for a wide array of retail, office, service, and general business uses serving the local community
Parking
12 Spaces (3.33 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | 161-06-110-069 | Improvements Assessment | $70,503 CAD |
| Land Assessment | $60,631 CAD | Total Assessment | $131,134 CAD |
Property Taxes
Parcel Number
161-06-110-069
Land Assessment
$60,631 CAD
Improvements Assessment
$70,503 CAD
Total Assessment
$131,134 CAD
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