901-947 N Pecos Rd - Freestanding FOR SALE


Las Vegas, NV 89101- East Las Vegas
$5,767,623 USD
702-215-7120
901-947 N Pecos Rd, Las Vegas, NV for Sale
$5,767,623 USD
Freestanding - FOR SALE
1/4
null | 6.85% Cap Rate

901-947 N Pecos Rd
Las Vegas, NV 89101
East Las Vegas


OVERVIEW

This offering presents a compelling opportunity to acquire a 7-Eleven anchored retail investment combining stable in-place cash flow with identifiable avenues for NOI and value growth. The property benefits from a 7-Eleven with four fuel pumps on the same parcel that Placer.ai ranks among the top performing locations nationally, generating consistent daily traffic while serving approximately 229,263 residents within three miles. With current rents approximately 10% below market and more than 2,700 planned residential units within a three-mile radius, a buyer has the opportunity to capitalize on growing consumer demand while increasing income through strategic lease renewals and mark-to-market rent growth, positioning the asset for higher NOI and long-term appreciation.

FOR SALE DETAILS

PRICE

$5,767,623 USD

PRICE/SF

$275 USD /SF

CAP RATE

6.85%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

72

LAND DETAILS

CROSS STREETS

Washington

LAND ACRES

2.15 AC

LAND SF

93,654 SF

ZONING

RC, Las Vegas

APN/PARCEL ID

139-25-601-004

ASK ABOUT THIS PROPERTY

Dustin AlvinoMarcus & MillichapMore Info
702-215-7120

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Dustin AlvinoMarcus & MillichapMore Info
702-215-7120

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