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4907 & 4909 Vegas Dr. 4907 Vegas Dr 18,468 SF 100% Leased Retail Building Las Vegas, NV 89108 $2,585,000 ($139.97/SF) 6.01% Cap Rate
Executive Summary
Outstanding, 2 building, retail property on one of the most high traffic streets in Las Vegas! With 9 current tenants ALL WITH MULTIPLE YEARS LEFT ON THEIR LEASES, 90% occupied. This property features a full restaurant, a billboard, a salon, a church, and several other long term tenants. Both buildings have had major renovations within the last 5 years! Don't miss out on this incredible opportunity to own a prime piece of real estate, with high cash flow!!
Suite #110 is available now, 4500 SF, perfect for a dance studio or a laundromat as well.
Suite #110 is available now, 4500 SF, perfect for a dance studio or a laundromat as well.
Financial Summary (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
18,468 SF
Building Class
C
Year Built
1963
Price
$2,585,000
Price Per SF
$139.97
Cap Rate
6.01%
NOI
$155,404
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.42
Lot Size
1.02 AC
Zoning
C-1 - local business district
Parking
38 Spaces (2.06 Spaces per 1,000 SF Leased)
Frontage
170’ on Vegas Dr
Amenities
- Bus Line
- Signage
- Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Domino’s
Property Taxes
| Parcel Numbers | Total Assessment | $400,938 (2026) | |
| Land Assessment | $163,285 (2026) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $237,653 (2026) | Tax Year | 2022 |
Property Taxes
Parcel Numbers
Land Assessment
$163,285 (2026)
Improvements Assessment
$237,653 (2026)
Total Assessment
$400,938 (2026)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2022
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4907 & 4909 Vegas Dr. | 4907 Vegas Dr
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