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Sahara Vista I 5440 W Sahara Ave 39,311 SF 48% Leased Office Building Las Vegas, NV 89146 $6,500,000 ($165.35/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 873 – 14,988 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 873 – 14,988 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
$6,500,000
Price Per SF
$165.35
Cap Rate
6.53%
NOI
$424,293
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
- -
- -
-
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
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
- -
- -
- -
-
Lorem Ipsum
-
Jan 0000
| 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 | |
|
Health Care and Social Assistance | - | - | Lorem Ipsum | Jan 0000 | |
| Multi-Services | - | - | - | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Fl-Ste 104
- 2,461 SF
- Office
- -
- Now
- 1st Fl-Ste 105
- 1,295 SF
- Office
- -
- Now
- 1st Fl-Ste 109
- 2,295 SF
- Office
- -
- Now
- 2nd Fl-Ste 204
- 4,046 SF
- Office
- -
- Now
- 3rd Fl-Ste 301
- 4,887 SF
- Office
- -
- Now
- 3rd Fl-Ste 302
- 5,482 SF
- Office
- -
- Nov 2026
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 104 | 2,461 SF | Office | - | Now |
| 1st Fl-Ste 105 | 1,295 SF | Office | - | Now |
| 1st Fl-Ste 109 | 2,295 SF | Office | - | Now |
| 2nd Fl-Ste 204 | 4,046 SF | Office | - | Now |
| 3rd Fl-Ste 301 | 4,887 SF | Office | - | Now |
| 3rd Fl-Ste 302 | 5,482 SF | Office | - | Nov 2026 |
1st Fl-Ste 104
| Size |
| 2,461 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste 105
| Size |
| 1,295 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste 109
| Size |
| 2,295 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
2nd Fl-Ste 204
| Size |
| 4,046 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
3rd Fl-Ste 301
| Size |
| 4,887 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
3rd Fl-Ste 302
| Size |
| 5,482 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Nov 2026 |
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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 | $1,489,949 |
| Land Assessment | $573,251 | Total Assessment | $2,063,200 |
Property Taxes
Parcel Number
163-01-810-009
Land Assessment
$573,251
Improvements Assessment
$1,489,949
Total Assessment
$2,063,200
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