3513-3515 E Charleston Blvd - Freestanding FOR SALE


Las Vegas, NV 89104- Sunrise Manor
$839,000 USD
702-325-9673
3513-3515 E Charleston Blvd, Las Vegas, NV for Sale
$839,000 USD
Freestanding - FOR SALE
1/14
null | 7% Cap Rate

3513-3515 E Charleston Blvd
Las Vegas, NV 89104
Sunrise Manor


HIGHLIGHTS

  • 100% leased, two-tenant retail building with Opportunity Zoning eligibility
  • Guaranteed NNN restaurant anchor with 3.5% annual increases
  • Below-market laundromat lease — value-add upside via lease rollover in 2027
  • ±31,000 VPD on E. Charleston Blvd; ¼ mile to I-11/US-95
  • Recent capital investment in roof, parking, HVAC, and grease interceptor
  • Located across from City of Las Vegas Redevelopment Area 3

OVERVIEW

A rare opportunity to own a fully-leased, two-tenant retail investment on a signalized hard corner of E. Charleston Blvd, one of the busiest retail corridors in the valley (±31,000 VPD). This ±3,600 SF building delivers stabilized income today with a clear, near-term path to grow NOI. The property is anchored by a newly-signed, personally-guaranteed five-year NNN restaurant lease with 3.5% annual rent bumps, run by an experienced operator with multiple Las Vegas locations. The second suite is occupied by a long-term laundromat tenant paying below-market rent, on a lease expiring May 2027, giving the next owner a clear opportunity to mark rent to market or re-tenant. Recent capital improvements include roof work, parking lot upgrades, HVAC, and a 2025 grease interceptor, reducing near-term capex risk for a buyer. Situated directly across from the City of Las Vegas's newly established ±1,350-acre Redevelopment Area 3 (July 2026), the property sits in the path of corridor-wide reinvestment. It also falls within a Census Tract eligible for the 2027 Opportunity Zone 2.0 round, offering a potential buyer the ability to pair an OZ strategy with capital gains deployment (subject to final designation — consult your tax advisor). This is a turnkey, income-producing asset for a 1031 buyer or value-add investor seeking in-place cash flow with built-in upside.

FOR SALE DETAILS

PRICE

$839,000 USD

PRICE/SF

$238 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

C-G

APN/PARCEL ID

161-06-110-069

ASK ABOUT THIS PROPERTY

Ofir BarashyBarashy Group LLCMore Info
702-325-9673

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Ofir BarashyBarashy Group LLCMore Info
702-325-9673

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.