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    Sec Tropical & Pecos North Las Vegas, NV 89081

    Sponsored
    For Lease
    $125,000

    New 8,400 SF Retail Development, 3.67 Acres

    Lot size:
    8,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at the southeast corner of Tropical Parkway and Pecos Road in North Las Vegas, Nevada, presents a unique investment opportunity. The site encompasses 3.67 acres of land zoned Neighborhood Commercial (C-1), and includes four new buildings totaling 8,400 square feet of retail space, all currently vacant. Built in 2025, this development offers a variety of options for potential tenants. Two drive-through pads are available for ground lease at an annual rate of $125,000. Inline shop spaces are also available, with lease rates ranging from $3.50 to $4.00 per square foot per month, NNN. The property's prime location is adjacent to the Encompass Health campus, ensuring high visibility and accessibility. The property's APN is 123-30-301-002, and it is situated within the North Las Vegas submarket of Clark County, Nevada, with a zip code of 89081. This development offers a blank canvas for a variety of retail uses, benefiting from its strategic location and modern construction. The single-tenant configuration provides flexibility for a variety of business models. This is an ideal opportunity for investors seeking a high-growth area with significant potential for return.

    Property Features for 0 Sec Tropical & Pecos

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,400 SF
    Total Rate
    125000

    Building Details

    Year Built
    2025
    Buildings
    4

    Unit(s) available at that property

    Space
    Available Space
    Size
    32,670 SF
    Rate per SF
    $125,000

    HighLights

    • Prime 3.67‑acre commercial site in North Las Vegas, NV (APN 123‑30‑301‑002).
    • Located 1.3 miles south of the I‑215/Pecos interchange and 1.7 miles northwest of the I‑15/Lamb interchange.
    • Features four new (2025) 8,400 SF retail buildings, currently vacant.
    • Inline shop spaces available, $3.50-$4.00/SF/year, NNN.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    North Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.09860305221
    Latitude
    36.269070267772

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    FAQs

    What type of property is this?
    Land - New 8,400 SF Retail Development, 3.67 Acres
    Where is this land located?
    The property is located at Sec Tropical & Pecos North Las Vegas, NV.
    What is the lease rate?
    The lease rate is $125,000.
    What are key features of this property?
    This property features: Prime 3.67-acre commercial site in North Las Vegas, NV (APN 123-30-301-002).; Located 1.3 miles south of the I-215/Pecos interchange and 1.7 miles northwest of the I-15/Lamb interchange.; Features four new (2025) 8,400 SF retail buildings, currently vacant.
    Request Owner's contact information
    Sec Tropical & Pecos North Las Vegas, NV 89081
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Sec Tropical & Pecos North Las Vegas, NV 89081
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