7240 Azure Dr Las Vegas, NV 89130
Tenaya Village, a Class A, 49,554 square foot retail center in Las Vegas, NV, presents a compelling investment opportunity. Built in 2005, this five-building, single-story property sits on a 6.29-acre lot at 7240 W Azure Dr, conveniently located at the intersection of Tenaya Way & Azure Drive within the Centennial Hills submarket. The property boasts a T-C zoning designation (City of Las Vegas) and features a diverse mix of tenants including Starbucks, Timbers Bar & Grill, Wing Stop, Frijoles & Frescas, and Capriotti's. The center benefits from strong surrounding demographics, with average annual incomes exceeding $112,000 within a three-mile radius. Its strategic location within the Town Center District and proximity to a new NDOT 215 Beltway interchange at Sky Pointe Drive ensures excellent accessibility and high visibility. This multi-tenant property offers a variety of spaces including shopping center, strip retail center, retail pad, retail center endcap, pad space, street-front pad, restaurant space, drive-thru options, and kitchen facilities equipped with grease traps and interceptors, making it ideal for QSR establishments. The property's APN is 125-27-113-007. This is a rare opportunity to acquire a well-established retail center in a thriving Las Vegas submarket.
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Namaste Las Vegas Gym & Fitness Center
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PHAMV Nail Bar Nail Salon
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Capriotti's Sandwich Shop Take-out & Catering
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Edward Jones - Financial Advisor: Tiana Loftlin Financial Advisor
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Lino's Pizza & Italian Cuisine Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.