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Property profile & analytics
OFF-MARKET Estimated value $12,240,000
Strip malls

7680 Las Vegas S Blvd Las Vegas, NV 89123-1045

51,875 SF 5.12 ac lot Built 1997
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US62-0229536
Property summary
AI-generated overview

This single-story, 1997-built retail strip center, known as The Annex, offers +/- 19,681 square feet of contiguous space available, with a minimum divisible space of 2,500 square feet and a maximum contiguous space of 27,556 square feet. A total of 40,056 square feet is currently vacant. The property boasts a highly desirable location on South Las Vegas Boulevard, minutes from the Las Vegas Strip and easily accessible via the I-15/CC 215 interchange. Its proximity to the Premium Outlets South (a 535,000 square foot mall with 145 outlet stores and 17 restaurants), Harry Reid International Airport, and the soon-to-be-completed Las Vegas Brightline Train Station (expected late 2024) ensures high visibility and foot traffic. The area is well-served by numerous established businesses, including Buffalo Wild Wings, Panda Express, Dunkin' Doughnuts, Five Guys, FedEx, Chili's, IHOP, Goodwill, Outback, Chipotle, Raising Cane's, and McDonald's. The property is zoned H-1 and its APN is 177-09-210-005. This location caters to both tourists and locals, offering significant potential for a variety of retail businesses. The property is situated near Allegiant Stadium and within walking distance of approximately 1,300 hotel rooms. The Cross Street is Warm Springs.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1997
Construction FRAME
Total area 51,875 SF
Lot 5.12 ac (223,027 SF)
APN 177-09-210-005
UPID US62-0229536
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
  • Las Pupusas Restaurant
  • Self Storage Storage Facility
  • Goodwill Thrift Store & Donation Center Discount Store
  • Goodwill Discount Store
  • Black Bear Diner Las Vegas - S. Las Vegas Blvd Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$12.24M
Owner & transaction history
7680 South Las Vegas Blvd LLC · 7 yrs held
7680 South Las Vegas Blvd LLC
since 2018
5 recorded transactions
2018
$8.9M
2014
$8.3M
2014
$8.3M
2005
$7.6M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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