1606 7th St - Storefront FOR SALE


Las Vegas, NM 87701
$700,000 USD
786-752-2801
1606 7th St, Las Vegas, NM for Sale
$700,000 USD
Storefront - FOR SALE
1/10
null | 6.8% Cap Rate

1606 7th St
Las Vegas, NM 87701


OVERVIEW

Positioned along one of Las Vegas, NM’s most active commercial corridors, 1606 7th Street presents a unique investment opportunity with an existing smoke shop tenant in place and strong potential for long-term income growth. The building, totaling approximately 4,200 square feet, offers a functional layout and adaptable design, making it suitable for a variety of future retail uses. This property benefits from excellent visibility and consistent drive-by traffic, supported by its proximity to major national retailers and quick-service restaurants such as Walgreens, Starbucks, McDonald’s, Wendy’s, Pizza Hut, and Taco Bell, all located within the same vibrant trade area. Customers enjoy the convenience of both ample on-site parking and additional street parking, enhancing accessibility for patrons. Investors will appreciate the stability offered by tenant occupancy combined with flexible options for future re-tenanting or owner-use. Located near major roadways and thoroughfares, the site delivers strong connectivity within the Las Vegas region and beyond. This is an outstanding opportunity for buyers seeking a retail asset with established foot traffic and long-term positioning in a well-developed corridor.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$167 USD /SF

CAP RATE

6.8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

-

APN/PARCEL ID

70980

ASK ABOUT THIS PROPERTY

Eyal MusliMuskot llcMore Info
786-752-2801

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Eyal MusliMuskot llcMore Info
786-752-2801

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