7415 Durango DrLas Vegas, NV 89148

Property Details for 7415 Durango Dr

Year built

2004

Construction

FRAME

Lot size

4.66 AC

Property size (Sq ft)

12,000 SF

Property type

Retail properties

Property subtype

Community centers

APN

176-08-518-004

APU

17608518004

Description

This exceptional Class A retail property, totaling 130,000 square feet, is situated in the thriving Rhodes Ranch submarket of Southwest Las Vegas. Built in 2004, the center boasts a highly desirable location at the corner of Durango and Warm Springs Roads, placing it at the heart of the Rhodes Ranch trade area. The property is zoned (CG) Commercial General (Clark County) and features a strong tenant mix including a Vons supermarket, Bank of America, Buffalo Wild Wings, AT&T, Tropical Smoothie Cafe, Little Caesars, and Coldstone Creamery, among other national retailers. This multiple-tenancy center offers a compelling investment opportunity within a rapidly growing area of Clark County, Nevada, with its address at 7415 S Durango Dr, Las Vegas, NV 89148. The property's strategic location ensures high visibility and accessibility, making it an ideal choice for businesses seeking a prominent presence in this vibrant community. The APN is 176-08-518-004. This is a rare opportunity to acquire a well-established, high-performing retail center in a prime Las Vegas location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,832,210

  6.5%

  $3,537,424

  7%

  $3,284,751

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,058,584

  Geo Method

  $6,058,584

• Alternative Use

  Use

  Valuation

  Residential

  $2,983,950

  Hospitality

  $2,733,282

  Educational

  $2,274,058

  Medical

  $2,352,267

  Retail

  $3,537,424

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.0531

Longitude

-115.281

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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