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Property profile & analytics
FOR LEASE
Strip malls

3112 Las Vegas Blvd N Las Vegas, NV 89115

11,304 SF 1.58 ac lot Built 1977
Entity Owned 37-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US62-0372396
Property summary
AI-generated overview

Pecos Plaza, located at 3112 Las Vegas Blvd N, Las Vegas, NV 89115, presents a prime retail investment opportunity in the Northeast Las Vegas Submarket. This property boasts a total of 17,431 square feet across two single-story buildings, encompassing 12 suites. Currently, 807 square feet of retail space is available for lease, with individual units ranging from 808 to 1,118 square feet, ideal for a variety of businesses. Built in 1977, the center sits on a 1.58-acre lot (APN 140-18-102-020) and is conveniently located near the intersection of Las Vegas Blvd and Pecos Road, ensuring high visibility and accessibility. The property is zoned H-2 and offers ample parking with 74 spaces available for customers and tenants. This renovated retail center provides a strong foundation for immediate occupancy and future growth, making it an attractive option for both established businesses and new ventures seeking a strategic location in a thriving Las Vegas submarket. The property's multiple tenancy structure offers flexibility and potential for diverse tenant mixes. This is a rare opportunity to acquire a well-maintained retail property in a high-traffic area of Las Vegas.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1977
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 11,304 SF
Lot 1.58 ac (68,825 SF)
APN 140-18-102-020
UPID US62-0372396
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
  • Express Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.98M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.86M
Owner & transaction history
Pecos Plaza Limited Partnership · 37 yrs held
Pecos Plaza Limited Partnership
since 1988
3 recorded transactions
1988
$636,500
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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