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1195 E Desert Inn Rd
Las Vegas, NV 89109
D.I. Plaza · Retail Property For Sale
Executive Summary
Excellent owner-user or value-add investment opportunity featuring an existing income stream from Fiesta Mart, leased through May 2029, along with a vacant 2,400 SF built-out restaurant space available for immediate occupancy. Located at the signalized intersection of Desert Inn Road and Maryland Parkway, the property offers exceptional visibility, dedicated onsite parking, and convenient access to the Las Vegas Strip, UNLV, and Harry Reid International Airport. Adjacent to Las Vegas Country Club and surrounded by national retailers, the property combines stable income with future upside potential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,468 SF
Building Class
C
Year Built/Renovated
1963/2021
Price
$595,000
Price Per SF
$133.17
Cap Rate
10.05%
NOI
$59,798
Percent Leased
50%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
0.34 AC
Opportunity Zone
Yes
Zoning
C-2, Paradise
Parking
8 Spaces (1.79 Spaces per 1,000 SF Leased)
Frontage
99’ on Desert Inn
Amenities
- Bus Line
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 162-15-503-002 | Improvements Assessment | $97,829 |
| Land Assessment | $72,569 | Total Assessment | $170,398 |
Property Taxes
Parcel Number
162-15-503-002
Land Assessment
$72,569
Improvements Assessment
$97,829
Total Assessment
$170,398
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