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7175 W Charleston Blvd 14,444 SF Retail Building Las Vegas, NV 89117 $8,990,000 ($622.40/SF) 1% Cap Rate



Investment Highlights
- Charleston and Antelope ways see approximately 70,000 traffic count per day
Executive Summary
Opportunity to add potiential stand alone drive throughs with almost 3 acres.
Attention Retail / Street Retail investors! This premier property in Las Vegas delivers exceptional potential with its impressive 14,444 SF building and 100% occupancy. Renovated in 2023, this prime location presents a valuable opportunity for expansion, offering a Tavern license for 15 gaming machines and space for multiple drive-thrus. Equipped with additional rear buildings, offices, a large walk-in freezer, and a loading dock, this property is perfectly tailored to accommodate diverse business ventures. Boasting a spacious 108 parking spaces, this C-1 zoned property exudes versatility and promises high visibility. Don't miss out on this lucrative investment with endless possibilities for growth and success.
Attention Retail / Street Retail investors! This premier property in Las Vegas delivers exceptional potential with its impressive 14,444 SF building and 100% occupancy. Renovated in 2023, this prime location presents a valuable opportunity for expansion, offering a Tavern license for 15 gaming machines and space for multiple drive-thrus. Equipped with additional rear buildings, offices, a large walk-in freezer, and a loading dock, this property is perfectly tailored to accommodate diverse business ventures. Boasting a spacious 108 parking spaces, this C-1 zoned property exudes versatility and promises high visibility. Don't miss out on this lucrative investment with endless possibilities for growth and success.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
14,444 SF
Building Class
C
Year Built
1975
Price
$8,990,000
Price Per SF
$622.40
Cap Rate
1%
NOI
$89,900
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.12
Lot Size
2.70 AC
Zoning
C-1 - C-1 allow for multiple uses
Parking
40 Spaces (4.82 Spaces per 1,000 SF Leased)
Frontage
345’ on West Charleston
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Smokey's of Las Vegas
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Smokey's of Las Vegas | - | - | - | - |
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 163-03-501-041 | Improvements Assessment | $270,799 |
| Land Assessment | $703,908 | Total Assessment | $974,707 |
Property Taxes
Parcel Number
163-03-501-041
Land Assessment
$703,908
Improvements Assessment
$270,799
Total Assessment
$974,707
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7175 W Charleston Blvd
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