7686 Las Vegas BlvdLas Vegas, NV 89123

Property Details for 7686 Las Vegas Blvd

Year built

2018

Construction

FRAME

Lot size

0.27 AC

Property size (Sq ft)

13,106 SF

Property type

Retail space

APN

177-09-210-014

APU

17709210014

Description

This exceptional restaurant opportunity is situated at 7686 S Las Vegas Blvd, Las Vegas, NV 89123, offering a single-tenant space in a high-traffic area. The property boasts a prime location just minutes from the renowned Las Vegas Strip, within the Las Vegas Strip Corridor. This turnkey restaurant is immediately available and ideally suited for various culinary concepts, including sushi, poke, or Mediterranean fast food establishments. The property benefits from exceptional visibility and accessibility, positioned next to a major shopping mall. Furthermore, its strategic location is directly opposite a planned California train station and a proposed NBA stadium, promising significant future growth and increased foot traffic. This presents a unique chance to establish a thriving business in a rapidly developing area with substantial long-term potential. The property is categorized under submarket 86 and is ready for immediate occupancy. The address is easily accessible and highly visible, ensuring maximum exposure to potential customers. This is a rare opportunity to secure a well-positioned restaurant space in one of Las Vegas's most dynamic and promising locations. Don't miss this chance to capitalize on the area's growth and establish a successful culinary venture.

• CAP approach

  CAP return

  Valuation

  6%

  $4,070,252

  6.5%

  $3,757,155

  7%

  $3,488,787

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,616,984

  Geo Method

  $6,616,984

• Alternative Use

  Use

  Valuation

  Residential

  $3,169,301

  Hospitality

  $2,903,063

  Educational

  $2,415,314

  Medical

  $2,498,380

  Retail

  $3,757,155

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.0515

Longitude

-115.17

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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