3421 E Tropicana Ave - Storefront FOR SALE


Las Vegas, NV 89121
$4,300,000 USD
702-954-4109
3421 E Tropicana Ave, Las Vegas, NV for Sale
$4,300,000 USD
Storefront - FOR SALE
1/7
null | Request Cap Rate

3421 E Tropicana Ave
Las Vegas, NV 89121


HIGHLIGHTS

  • LOGIC Commercial Real Estate proudly presents Pecos Center, a ± 24,222 SF value-add retail center built in 1980 in central Las Vegas.
  • Currently, the 65% occupied retail center is leased by national and local tenants, including 7-Eleven, Burger King (NAP), Intense Tae Kwondo, etc.
  • The Seller's recent capital improvements further enhance the property's appeal, including roof repairs, LED Site Lighting, LED Pylon Lighting & more.
  • Strategically positioned at the Southeast corner of Tropicana Avenue and Pecos Road, Pecos Center benefits from excellent visibility.
  • The property benefits from a population of more than 442,416 and an average household income of over $80,173 within a 5-mile radius.
  • High traffic counts of approximately 64,000 vehicles daily.

OVERVIEW

LOGIC Commercial Real Estate proudly presents Pecos Center, a ± 24,222 SF value-add retail center built in 1980 in central Las Vegas. Pecos Center is 65% occupied, allowing an investor to add value by leasing the vacant suites.

FOR SALE DETAILS

PRICE

$4,300,000 USD

PRICE/SF

$194 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pecos Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

102

LAND DETAILS

CROSS STREETS

Tropicana

LAND ACRES

1.39 AC

LAND SF

60,548 SF

ZONING

CG

APN/PARCEL ID

161-30-101-003

ASK ABOUT THIS PROPERTY

Jason OtterLogic Commercial Real EstateMore Info
702-954-4109

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Jason OtterLogic Commercial Real EstateMore Info
702-954-4109

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