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Property profile & analytics
OFF-MARKET Estimated value $11,725,000
Strip malls

7380 Eastern Ave Las Vegas, NV 89123-1550

66,168 SF 6.33 ac lot Built 1990
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US62-0413193
Property summary
AI-generated overview

Warm Springs Plaza, a 71,650 square foot Class B retail center in Las Vegas, Nevada, presents a compelling investment opportunity. Located at 7380 S Eastern Ave, 89123, this multi-building, single-story center sits on 6.33 acres of land and boasts a prime location at the intersection of Eastern Ave. and Warm Springs Rd., within the Airport submarket. The property features a mix of retail tenants, including a Dollar Tree anchor, and is zoned C-2 (Clark County). With a minimum divisible space of 1,200 square feet and a maximum contiguous space of 10,400 square feet, it offers flexibility for various businesses. Built in 1990, the center benefits from high traffic counts on Eastern Avenue, a major north/south arterial. Its proximity to Harry Reid International Airport (one mile north) and the 323-acre Sunset Regional Park enhances its appeal. The property is situated in a densely populated area, with nearly 400,000 people residing within a five-mile radius, and is just west of the affluent Green Valley neighborhood. For qualified restaurant operators, the landlord is willing to build out a first-generation space, including a hood and grease trap. The property's APN is 177-12-110-002. This well-positioned retail center offers significant potential for growth and return on investment.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1990
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 66,168 SF
Lot 6.33 ac (275,735 SF)
APN 177-12-110-002
UPID US62-0413193
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
  • Joel Gonzalez: Allstate Insurance Insurance Agency
  • Rosalie Gonzalez: Allstate Insurance Insurance Agency
  • Zangief Jiu Jitsu Training Center Sports School
  • Trainingscenter Las Vegas Gym & Fitness Center
  • Lavender Massage Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$11.73M
Owner & transaction history
E-beverly Holdings LLC · 6 yrs held
E-beverly Holdings LLC
since 2019
7 recorded transactions
2022
Price N/A
2019
$12.8M
2018
Price N/A
2015
Price N/A
1998
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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