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21152197
21152198

2295 E Sahara Ave, Las Vegas, NV 89104

LR
NV BS.0145768
Commercial Professionals
Listed by Commercial Professionals
$5,950,000
513 days on market
Updated 66 days ago
Opportunity zone

Eastgate Plaza

Details
APN 162-11-503-010
Property Type Office, Retail
Sub Type Shopping Center
Square Footage 21,000
Cap Rate 6.07%
NOI $361,249
Occupancy 80%
Tenancy Multi
Brand/Tenant Jackpot Joanie's
Lease Type NNN
Pro-Forma Cap Rate 7.92%
Pro-Forma NOI $471,000
Broker Co-Op Yes
Class B
Year Built 1972
Year Renovated 2022 / 2024
Buildings 2
Stories 2
Acreage 1.460
Investment Type Value Add
Occupancy Date 04/01/2025

Value-Add Opportunity Along Sahara and Eastern

Marketing description

Located at Eastgate Plaza are 2 complementary properties located along the revitalizing E. Sahara corridor. These newly painted properties offer a prospective buyer the opportunity to acquire a diversified tenant mix with both retail and professional office offerings. This value-add property was recently renovated with brand new office and retail space. These properties are shadow-anchored by Cardenas Markets and fronting Sahara with access from Eastern, providing significant visibility by the exceptionally busy intersection. This property offers an excellent opportunity for a value-based buyer who understands the revitalization opportunities in the area and take advantage of the recent renovations.


Investment highlights

  • Value-Add Property with upside in rent and occupancy

  • Recently renovated, painted, and striped

  • Located in a revitalizing area along Sahara and Eastern

  • Shadow-anchored by Cardenas Market

  • Potential for a car dealership or outside pad development

  • Significant tenant diversity

Listing Contacts

LR
NV BS.0145768
Commercial Professionals
Listed by Commercial Professionals

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$361,249.00
$30,104.08/mo

Valuation Metrics

0
DSCR
6.07%
Cap Rate
6.07%
ROI

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Additional Information

Name
Leor Rozen
License
BS.0145768
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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