7315 W Warm Springs Rd - Storefront FOR SALE


Las Vegas, NV 89113- South Las Vegas
$5,600,000 USD
702-954-4109
7315 W Warm Springs Rd, Las Vegas, NV for Sale
$5,600,000 USD
Storefront - FOR SALE
1/10
null | 6.7% Cap Rate

7315 W Warm Springs Rd
Las Vegas, NV 89113
South Las Vegas


HIGHLIGHTS

  • Exceptional Submarket Growth and Development
  • Impressive Demographics and Vehicle Counts
  • Extraordinary Tenant Mix
  • 100% Occupied

OVERVIEW

LOGIC Commercial Real Estate presents an exceptional investment opportunity in one of Las Vegas’s most dynamic, high-growth submarkets. The well-positioned, multi-tenant retail center, LOCAL @ Warm Springs, is stabilized, with an impressive tenant mix, and commands a highly visible corner on Tenaya Way and Warm Springs Road. LOCAL @ Warm Springs benefits from substantial daily traffic, with Warm Springs Road generating nearly 14,500 VPD and S. Tenaya Way producing just over 5,600 VPD. The retail property is close to drivers such as Arroyo Shopping Center (power center), Durango Casino and Resort, UnCommons, Narrative, and Dignity Health – St Rose Dominican Hospital. The area has experienced significant commercial developments with the recent opening of a Costco Wholesale at Buffalo Drive just north of CC-215. The retailer is in close proximity to our offering and is a tremendous driver for surrounding retail centers. Further, LOCAL @ Warm Springs benefits from a population of over 370,000 and an average household income of over $120,000 within a 5-mile radius.

FOR SALE DETAILS

PRICE

$5,600,000 USD

PRICE/SF

$266 USD /SF

CAP RATE

6.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

CROSS STREETS

Tenaya

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

C-2

APN/PARCEL ID

176-10-512-003

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 Notice.