For Lease
$30-$42 /SF/YR

7240 Azure Dr Las Vegas, NV 89130

Las Vegas Retail Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
132
Tenaya Village, a Class A, 49,554 square foot retail center in Las Vegas, NV, presents a compelling investment opportunity. Built in 2005, this five-building, single-story property sits on a 6.29-acre lot at 7240 W Azure Dr, conveniently located at the intersection of Tenaya Way & Azure Drive within the Centennial Hills submarket. The property boasts a T-C zoning designation (City of Las Vegas) and features a diverse mix of tenants including Starbucks, Timbers Bar & Grill, Wing Stop, Frijoles & Frescas, and Capriotti's. The center benefits from strong surrounding demographics, with average annual incomes exceeding $112,000 within a three-mile radius. Its strategic location within the Town Center District and proximity to a new NDOT 215 Beltway interchange at Sky Pointe Drive ensures excellent accessibility and high visibility. This multi-tenant property offers a variety of spaces including shopping center, strip retail center, retail pad, retail center endcap, pad space, street-front pad, restaurant space, drive-thru options, and kitchen facilities equipped with grease traps and interceptors, making it ideal for QSR establishments. The property's APN is 125-27-113-007. This is a rare opportunity to acquire a well-established retail center in a thriving Las Vegas submarket.

Highlights

  • 1,519 SF endcap space with drive-thru and grease trap.
  • 1,380 SF endcap space available.
  • 49,554 SF strip retail center in desirable Centennial Hills.
  • Strong tenant mix including Starbucks, Timbers Bar & Grill, and others.
  • New NDOT 215 Beltway interchange at Sky Pointe Drive.
  • Tenant improvement allowance offered.

Property Details for 7240 Azure Dr

Property type
Retail properties
RSF (Rentable sq. ft)
49,554 SF
Class
A
Year Built
2005
Buildings
5
Stories
1

Unit(s) available at that property

Space
7290 Bldg., #140 Endcap Pad Space
Size
1,380 SF
Rate per SF
$30
Space
7240 Bldg., #105 - Endcap Drive-Thru
Size
1,519 SF
Rate per SF
$42

Location Insight

City
Las Vegas
County
Clark
State
Nevada
Latitude
36.274006456436
Longitude
-115.25368224648

FAQs

What type of property is this?
Retail property - Las Vegas Retail Investment Opportunity
Where is the retail property located?
The property is located at 7240 Azure Dr Las Vegas, NV.
What is the lease rate?
The lease rate is $30-$42 /SF/YR.
What are key features of this property?
This property features: 1,519 SF endcap space with drive-thru and grease trap.; 1,380 SF endcap space available.; 49,554 SF strip retail center in desirable Centennial Hills.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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7240 Azure Dr
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