Sahara Eastern Plaza — Sale in Las Vegas, NV

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Las Vegas, NV 89169
  • Year built: 1991

Photos

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Investment Figures

Cap rate
6.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

PROPERTY SUMMARY Marcus & Millichap is pleased to exclusively present an excellent opportunity to acquire a quintessential infill Las Vegas retail strip center with traffic counts exceeding 77,500 vehicles per day and surrounded by an extremely dense residential population. Built in 1991, the premises are situated upon a .61 acre parcel of land. Sahara Eastern Plaza has maintained durable tenancy with long-standing tenants averaging 18+ years of historical occupancy. The neighborhood-serving strip center features eight daily needs and service-oriented tenants, including a corporate Subway Restaurant that has occupied since 2001, a recently leased Total Wireless (Verizon), L.A. Insurance, who has occupied since 1996, a grocery market and several popular restaurants appealing to the surrounding community. Lease structures are all NNN and full expense recovery includes the opportunity to maintain various capital expense items. Additionally, the majority of the leases provide for annual rental escalations which help ensure optimal balancing against inflation. Improvements made over the past several years include a new pylon sign as well as a newly surfaced parking lot. A future owner may decide to have a billboard installed onsite as existed previously and was leased to an outdoor sign company. Property is being sold as-is. SURROUNDING AMENITIES & ECONOMIC DRIVERS Close proximity to the Las Vegas Strip, Interstate 11, Valley High School, UNLV, the Harry Reid International Airport, Sunrise Hospital, and much more. LOCATION AND ACCESSIBILITY At one of the most highly trafficked corners in the Las Vegas Valley, Sahara Eastern Plaza enjoys the hard, signalized location combined with a heightened ease of access that includes curb cuts on both major streets. The retail center features a desirable parking ratio of 5.05 spaces per 1,000 square feet. Investment Highlights: • Highly Trafficked Prime, Signalized, Hard-Corner Location Featuring 77,500+ Vehicles Per Day • Eight Da

Market Context

This retail in Las Vegas, NV is listed for sale. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 1991. Compare it against other retail listings for sale in Las Vegas, NV — view the full market.

As of Q4 2025, the Las Vegas retail market showed average asking rents near $23.76/SF/yr. Source: multiple brokerage reports, Q4 2025.

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