Retail Business for Sale in Las Vegas, NV
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Las Vegas, NV 89104
Description
2865 East Charleston Boulevard presents a rare opportunity to acquire a highly visible freestanding commercial building in the heart of East Las Vegas and make it your own. Formerly operated as a bank branch, the property offers the benefit of second-generation infrastructure without the typical headache of an existing vault, making renovation and reconfiguration materially easier for an owner-user, retailer, medical user, QSR, or other service-oriented business. The site contains approximately 3,453 SF on roughly 0.70 acres, with prominent frontage along Charleston Boulevard and positioning as an outparcel to the Lowe’s Home Improvement at 2875 E. Charleston Blvd, a major daily traffic generator in the trade area. Public property records identify the parcel as APN 162-01-102-006, zoned C-2, within the Central East Las Vegas submarket. What makes this opportunity especially compelling is the combination of accessibility, visibility, and repositioning potential. The property sits on one of the valley’s established east-west commercial corridors, benefits from strong surrounding density, and is part of a broader Charleston corridor now under long-term planning focus through the City of Las Vegas’ Charleston 2050 Special Area Plan. Your prior marketing materials also highlighted approximately 173 feet of frontage, drive-thru functionality, and nearby national retailers including 7-Eleven, Taco Bell, O’Reilly, Raising Cane’s, and Starbucks, reinforcing the corridor’s everyday consumer draw. Demographic materials previously prepared for the site show more than 226,000 people within 3 miles and more than 531,000 people within 5 miles, supporting a wide range of business uses. For a buyer looking for a blank canvas with existing real estate fundamentals already in place, 2865 E. Charleston is the kind of site that is increasingly difficult to replicate. Investment Highlights: • Former Bank Branch which sits as an outparcel to a Lowe's Home Improvement Store | Bank branch
Market Context
This retail in Las Vegas, NV is listed for sale. It has been on the market for 68 days. Compare it against other retail listings for sale in Las Vegas, NV — <a href="/search/sale/retail/nevada/las-vegas">view the full market</a>.
As of Q1 2026, the Las Vegas retail market showed average asking rents near $32.55/SF/yr, rents up 5.8% year over year, and cap rates around 6.5%. Source: Consensus Q1 2026 market report.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Retail market FAQ
- What is the typical cap rate for retail in Las Vegas?
- About 6.5% as of Q1 2026, per Consensus.
Unified Estimate
Medium Confidence$15.92/SF – $21.54/SF
Mid: $18.73/SF
Rate-first confidence-weighted blend with cost-of-business adjustment.
Contact
- Dustin R. Alvino · (702) 215-7120 · dustin.alvino@marcusmillichap.com
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