Trocos Plaza

  • $4,000,000

Property Highlights

Below Replacement Cost Pricing: Offered at $206 per square foot, Trocos Plaza is attractively priced below the estimated replacement cost of $243 to $285 per square foot for similar retail constructions in the Las Vegas area, providing a cost-effective acquisition opportunity.

Strong Tenant Mix with National Anchors: Anchored by Eye Glass World, a national tenant since 2002 that recently committed to a new 10-year lease extension, ensuring long-term stability. The center also features PappaRoti, an internationally acclaimed coffee shop and bakery with a stellar 4.9-star rating from over 225 Google reviews, reflecting strong consumer appeal.

Read More

Details

  • Price $4,000,000
  • Year Built 1986
  • Property Type Multi-Tenant

Additional Details

  • Price/SF $206.06
  • Cap Rate 7.26%
  • APN 162-24-802-011;012
  • Rentable Area 19,411 SF
  • Lot Size 1.69 AC
  • Address: 3350 E Tropicana Ave & 4865 S Pecos Rd
  • City: Las Vegas
  • State/county: Nevada
  • Zip/Postal Code: 89121

Other Listings