Marcus & Millichap | The Alvino Group is pleased to present Trocos Plaza, a well-positioned, two-building retail center totaling ±19,411 square feet, located at the high-visibility, signalized intersection of E Tropicana Avenue and S Pecos Road in the heart of Las Vegas’ dense Central Eastside submarket. This trophy corner asset sits on ±1.69 acres and offers a powerful combination of long-term stability, rental upside, and irreplaceable real estate at a basis well below today’s replacement cost. Anchored by Eye Glass World, a nationally recognized tenant in occupancy since 2002 with a freshly executed 10-year lease extension, and complemented by PappaRoti, a rapidly growing café/bakery concept with strong brand momentum and 4.9-star Google rating, Trocos Plaza provides an ideal mix of credit, necessity-based, and experiential retail that continues to outperform in today’s evolving consumer landscape. With an average in-place rent of $1.26 PSF, approximately 28% below the submarket average of $1.75 PSF, this property offers significant value-add potential through future lease-up and mark-to-market strategies. Further enhancing its appeal is the inclusion of a drive-thru, an increasingly rare and desirable retail feature that drives both traffic and sales — studies show drive-thru-equipped properties often see a 60–70% boost in revenue versus their inline counterparts. Situated in one of the most heavily trafficked intersections in the trade area (63,983 VPD), and surrounded by a robust mix of national retailers such as Sprouts Farmers Market (shadow anchor), Walmart Supercenter, IHOP, McDonald’s, Burger King, Goodwill, and Dollar Tree, the center thrives from constant exposure and cross-shopping. The location also benefits from proximity to the I-515/US-95 freeway, less than one mile away, ensuring seamless accessibility for consumers across the valley. From a demographic standpoint, the property is surrounded by a dense and mature residential base with over 9,100 households within one mile, and an extraordinary daytime population of 249,736 within three miles — a key driver for sustained foot traffic and weekday revenue. Additionally, all tenant leases include 3% annual increases with no renewal options, allowing an incoming investor to benefit from built-in NOI growth and the flexibility to re-tenant or reposition spaces at future market rates — a strategic hedge against inflation. Trocos Plaza is priced at just $226 PSF, notably below the estimated replacement cost for comparable product in the Las Vegas Valley, providing a rare opportunity to acquire an irreplaceable corner asset in a high-growth market at a below-market basis. With strong fundamentals, rental upside, national tenancy, and undeniable location quality, Trocos Plaza represents a truly compelling retail investment in one of the nation’s most dynamic real estate markets.