Nine-Suite Retail
401 S FRONTAGE RD, Pahrump, NV 89048
For Sale
Contact for pricing
A mix of service, retail, professional, and vehicle-rental occupants is served by on-site parking.
Property Size7,370 SF
Lot Size0.54 Acres
Price / SF$176.39
Days on Market9
Property Features for 401 S FRONTAGE RD
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Pylon Signage
Road Access
Additional Details
Asking Price
Tenant in Place
Building Details
Buildings
Tenancy
Listing Agency:
Freedom House Property Management
Listed By:
Scott Smith · License NV B.0145183
(775) 764-8951
Source:
Crexi
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 12 at 6:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Freedom House Property Management
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail center contains nine suites, with eight currently occupied by businesses in service, retail, professional, and vehicle-rental categories. The property sits on a 0.54-acre General Commercial parcel and includes on-site parking and a pole sign along South Frontage Road.
The site is on the NV-160 commercial corridor in Pahrump, directly across from Walmart. Existing leases remain in place; the longest extends through January 2029 and includes an unexercised option.
The site is on the NV-160 commercial corridor in Pahrump, directly across from Walmart. Existing leases remain in place; the longest extends through January 2029 and includes an unexercised option.
Key Highlights
- Nine suites, with eight currently leased
- 0.54‑acre General Commercial parcel
- On‑site parking and a pole sign along South Frontage Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,683
Cap Rate
5.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,513,660
$1.5M
Cap Rate 7%
$1,081,186
$1.1M
Cap Rate 9%
$840,922
$840.9K
Market Conditions
NOI Build-Up for 7,370 SF
Gross rent
$110.6K $15.00/SF
− Vacancy
−$2.4K −$0.33/SF
EGI
$108.1K $14.67/SF
− OpEx
−$32.4K −$4.40/SF
NOI
$75.7K $10.27/SF
Area
Nye County, NV
Vacancy
2.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,513,660
Cap Rate 7%
$1,081,186
Cap Rate 9%
$840,922
Alternative Uses
Best Use
Retail
$1.08M
$946.0K – $1.26M
NOI $75,683 @ 7.0% cap · market cap 5.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.34M
$2.05M – $2.73M
NOI $163,935 @ 7.0% cap · market cap 12.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
511
Businesses Nearby
125k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 31%
Home Improvements & Furnishings 22%
Groceries 21%
Shops & Services 15%
The Home Depot
Home Improvements & Furnishings
27,072 visits/mo
0.2 miles
Albertsons
Groceries
26,667 visits/mo
0.4 miles
Denny's
Dining
9,588 visits/mo
0.4 miles
Panda Express
Dining
9,486 visits/mo
0.4 miles
ARCO
Shops & Services
6,415 visits/mo
0.2 miles
Demographics for 89048, NV
25,166
Population
11,571
Households
2.2
Avg Household Size
54
Median Age
13%
College-Educated
87%
High-School Grad
86.0 sq mi
ZIP Area
293
Density / Sq Mi
$55,747
Median Household Income
$35,405
Median Earnings
$1,162
Median Rent
$292,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Strip mall - A mix of service, retail, professional, and vehicle-rental occupants is served by on-site parking.
Where is this strip mall located?
The property is located at 401 S FRONTAGE RD Pahrump, NV.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Nine suites, with eight currently leased; 0.54‑acre General Commercial parcel; On‑site parking and a pole sign along South Frontage Road
