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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

7240 Azure Dr Las Vegas, NV 89130

49,554 SF Built 2005
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2005
Total area 49,554 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Namaste Las Vegas Gym & Fitness Center
  • PHAMV Nail Bar Nail Salon
  • Capriotti's Sandwich Shop Take-out & Catering
  • Edward Jones - Financial Advisor: Tiana Loftlin Financial Advisor
  • Lino's Pizza & Italian Cuisine Restaurant
Value estimations
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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