3421 Tropicana AveLas Vegas, NV 89121
24,222 SF Shopping Center, 65% Occupied
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 117
Highlights
- Value-add opportunity: 24,222 SF retail center in Las Vegas, NV, offered at $4,300,000. Currently 65% occupied, with significant upside potential through leasing vacant suites featuring second-generation improvements. Projected NOI increase in years 1 and 2.
- Strong tenant mix: Anchored by 7-Eleven and Burger King (NAP), along with other local businesses. Prominent signage includes two pylon signs and one monument sign.
- High-traffic location & demographics: Situated on a 1.39-acre lot (APN 16130101003) at 3421 E Tropicana Ave, with 64,000 vehicles daily. Over 442,416 residents within a 5-mile radius, average household income exceeding $80,173. Excellent visibility and access from Tropicana Avenue and Pecos Road.
Property Details for 3421 Tropicana Ave
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 24,222 SF
- Year Built
- 1980
- Lot Size (sq. ft)
- 60,548 SF
Location Insight
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Latitude
- 36.099950621959
- Longitude
- -115.10059387327
Nearby Similar for Sale
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