Description

5350 West Charleston Boulevard is a 4,300 SF retail property for sale in Las Vegas, NV 89146. Occupied by LV Petroleum, LLC, doing business as Conoco, the Property pairs 100% occupancy with an Absolute Net lease.

The building was built in 2026 and sits on 1.25 acres. Its 4,300 SF of gross leasable area gives the buyer a defined retail asset, while 26 parking spaces support customer access on site. Pylon signage adds a way to identify the business to passing traffic, and the 28,952 AADT traffic count gives context for the location's exposure. Together, the site area, parking and signage matter to a retail buyer focused on how the property serves its occupant, not just the income it produces.

The asking price is $12,438,000, with a 7% cap rate and $870,626 in NOI. Stabilized NOI is also $870,626, and the WALT is 20 years. For an investor, the combination of full occupancy, an Absolute Net lease and a long remaining weighted average lease term puts the tenant relationship at the center of the purchase. The income figures establish the offering's financial position; the retail building, parking and pylon signage provide the physical setting behind it. This is an opportunity to acquire an occupied Las Vegas retail property with an established tenant and a defined lease term.