1210 Basin AvePahrump, NV 89060

Property Details for 1210 Basin Ave

Year built

1997

Lot size

0.50 AC

Property size (Sq ft)

6,510 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This 6,510 square foot retail center in Pahrump, Nevada, presents a compelling value-add investment opportunity for owner-users or investors. Located at 1210 E Basin Ave, this single-story, 1997-built property sits on a 0.5-acre lot and is zoned General Commercial (GC). Currently featuring six units with two tenants occupying 27.96% of the space, this multi-tenant property offers significant upside potential through increased occupancy. The property benefits from a prime location with high visibility and accessibility, close to Highway 160 and major retailers including Walmart, Albertsons, Smith's, Home Depot, and several casinos. The asking price is $1,200,000 ($184.33/sq ft, $200,000/unit), representing a strong value in a rapidly growing market. Leases are NNN with a minimum 3% annual rent bump. The property's strategic location, approximately 60 miles west of Las Vegas, leverages Southern Nevada's booming economic development. This fee-simple ownership opportunity allows for immediate control and potential for significant return on investment. The property's APN is 035-232-18.

Location Insight

City

Pahrump

County

Nye

State

Nevada

Latitude

36.2198

Longitude

-115.992

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