NNN Convenience
For Sale
Contact for pricing
Pending
8870 S Durango Dr, Las Vegas, NV 89113
Freestanding retail asset at a signalized intersection with a newly executed long-term lease and no landlord responsibilities.
Property SizeContact for details
Days on Market141
Property Features for 8870 S Durango Dr
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Traffic Count
63,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Patrick R. Luther, CCIM · License #CA License No. 01912215
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 6:57PM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
This freestanding convenience store is offered with fee simple ownership of the land and building. The property is leased to Midjit Market Inc. under an absolute NNN agreement that assigns zero landlord responsibilities. The recently signed lease runs for 20 years and includes four 5-year extension options, with 10% rent increases every 5 years during the initial term and at each option commencement. Green Valley Grocery operates more than 60 locations in the Las Vegas MSA and features in-store gaming machines.
The site occupies the signalized intersection of South Durango Drive and Pebble Road, with access to South Rainbow Boulevard and State Highway 160. It is positioned north of Mountains Edge Marketplace, a 76,000 SF lifestyle center anchored by Albertsons, Ross, Starbucks, and Jersey Mike’s. Walmart Supercenter, Tractor Supply, Walgreens, and McDonald’s are also nearby. Mountain Gate & Trails Apartments and The Arioso Apartments contribute 539 and 195 residential units, respectively, within walking distance.
The site occupies the signalized intersection of South Durango Drive and Pebble Road, with access to South Rainbow Boulevard and State Highway 160. It is positioned north of Mountains Edge Marketplace, a 76,000 SF lifestyle center anchored by Albertsons, Ross, Starbucks, and Jersey Mike’s. Walmart Supercenter, Tractor Supply, Walgreens, and McDonald’s are also nearby. Mountain Gate & Trails Apartments and The Arioso Apartments contribute 539 and 195 residential units, respectively, within walking distance.
Key Highlights
- Absolute NNN lease with zero landlord responsibilities
- 20‑year lease with four 5‑year extension options and 10% increases every 5 years
- Signalized corner at South Durango Drive and Pebble Road serving over 63,000 vehicles per day
Property Analytics
Property Profile
Current Use
Lease Details
63,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
77
Businesses Nearby
Explore this area
Business Placement
Demographics for 89113, NV
35,829
Population
16,151
Households
2.2
Avg Household Size
38
Median Age
39%
College-Educated
90%
High-School Grad
10.8 sq mi
ZIP Area
3,318
Density / Sq Mi
$88,750
Median Household Income
$48,342
Median Earnings
$1,759
Median Rent
$463,900
Median Home Value
Market
Vacancy Rate% for Retail in Las Vegas, NV
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Frequently Asked Questions
What type of property is this?
NNN property - Freestanding retail asset at a signalized intersection with a newly executed long-term lease and no landlord responsibilities.
Where is this nnn property located?
The property is located at 8870 S Durango Dr Las Vegas, NV.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities; 20‑year lease with four 5‑year extension options and 10% increases every 5 years; Signalized corner at South Durango Drive and Pebble Road serving over 63,000 vehicles per day
