For Sale
$775,000

2360 Calvada BlvdPahrump, NV 89048

Prime Pahrump retail building, high visibility, strong cash flow.

Overview

Added:
Dec 11, 2024
Days on market:
116
This fully occupied commercial building at 2360 E Calvada Blvd, Pahrump, NV 89048, presents a compelling investment opportunity. The property boasts five long-term tenants, with a mix of month-to-month (three tenants) and yearly (two tenants) leases, ensuring consistent income. Located less than a block from Pahrump's town offices and at the start of the medical district, this retail center benefits from exceptional visibility on Calvada Boulevard, a major thoroughfare. The building is currently generating a 4% capitalization rate at the asking price of $775,000. However, there's significant potential for increased profitability through future rent adjustments, leading to a higher cap rate. This property offers a stable income stream with upside potential in a desirable location within Nye County, Nevada. The property type is retail, providing a diverse tenant base and strong potential for long-term growth. The building's strategic location ensures high foot traffic and visibility, making it an attractive investment for both seasoned and new investors seeking a stable, income-producing asset in a growing market.

Property Details for 2360 Calvada Blvd

Property type
Retail properties

Location Insight

City
Pahrump
County
Nye
State
Nevada
Latitude
36.1925217
Longitude
-115.9717898
2360 Calvada Blvd, Pahrump, Nevada

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2360 Calvada Blvd
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