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Sahara Vista I 5440 W Sahara Ave 39,311 SF 48% Leased Office Building Las Vegas, NV 89146 $9,061,520 CAD ($230.51 CAD/SF) 6.53% Cap Rate
Investment Highlights
- Offering Price: $6,500,000
- Total Square Footage: 39,311
- CAP Rate: 6.5%
- Rental Rate: $1.25 - $1.50/SF NNN
Executive Summary
Medical office building for sale with direct access to W. Sahara Avenue. Easy access to I-15 and I-11, multiple amenities and restaurants surround the building.
• Current Annual NOI: $424,293
• Current rents are under market. Strong potential for a 9.3% CAP by end of 2026.
• Available space for lease from 1,295 SF – 10,369 SF
• Heavy medical tenant in vibrant corridor with frontage on Sahara
• Zoning: C-1
• Year Built: 1998
• Contact broker for offering memorandum and additional details
• Current Annual NOI: $424,293
• Current rents are under market. Strong potential for a 9.3% CAP by end of 2026.
• Available space for lease from 1,295 SF – 10,369 SF
• Heavy medical tenant in vibrant corridor with frontage on Sahara
• Zoning: C-1
• Year Built: 1998
• Contact broker for offering memorandum and additional details
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
39,311 SF
Building Class
B
Year Built
1998
Price
$9,061,520 CAD
Price Per SF
$230.51 CAD
Cap Rate
6.53%
NOI
$591,498 CAD
Percent Leased
48%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
39,311 SF
Building FAR
0.48
Lot Size
1.88 AC
Zoning
C-1 - C-1
Parking
142 Spaces (3.61 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Air Conditioning
- Balcony
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- 702 Psychiatry LV
- Health Care and Social Assistance
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- Collection Consultants Nevada, LLC
- Professional, Scientific, and Technical Services
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$9.99
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- Curtis Chamberlin Learning Academy
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$9.99
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- Health Care and Social Assistance
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The patients of Digestive Associates receive the best quality treatment from excellent gastroenterologists and medical professionals. Their board certified team members are caring, reliable, and trusted professionals in the local medical community with multiple offices throughout southern Nevada.
- Multi-Services
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| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| 702 Psychiatry LV | Health Care and Social Assistance | - | - | Lorem Ipsum | Jan 0000 | |
| Collection Consultants Nevada, LLC | Professional, Scientific, and Technical Services | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Curtis Chamberlin Learning Academy | - | - | $9.99 | Lorem Ipsum | Jan 0000 | |
|
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Health Care and Social Assistance | - | - | Lorem Ipsum | Jan 0000 | |
| Multi-Services | - | - | - | Lorem Ipsum | Jan 0000 |
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Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 163-01-810-009 | Improvements Assessment | $2,077,108 CAD |
| Land Assessment | $799,158 CAD | Total Assessment | $2,876,266 CAD |
Property Taxes
Parcel Number
163-01-810-009
Land Assessment
$799,158 CAD
Improvements Assessment
$2,077,108 CAD
Total Assessment
$2,876,266 CAD
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Sahara Vista I | 5440 W Sahara Ave
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