Town Square — Sale in Las Vegas, NV

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Las Vegas, NV 89101
  • Year built: 1985

Photos

Town Square — Sale in Las Vegas, NV, photo 1 of 2
Town Square — Sale in Las Vegas, NV, photo 2 of 2

Investment Figures

Cap rate
6.85%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Strategically positioned on a signalized hard corner at North Pecos Road and East Washington Avenue, this 7-Eleven-anchored retail center consists of approximately 21,720 square feet situated on 2.15 acres.? The property presents a compelling opportunity to acquire a high-traffic retail asset supported by strong in-place fundamentals and meaningful long-term growth drivers.? The center benefits from approximately 305 feet of frontage and combined traffic counts of approximately 47,100 vehicles per day, providing convenient access and consistent consumer exposure.? The property serves a dense surrounding trade area, with approximately 229,263 residents within three miles and an average household income of $63,957 within one mile.? The property is further strengthened by the 7-Eleven located on the same parcel, which includes four fuel pumps as part of the offering.? According to Placer.?ai, the location ranks among the top-performing 7-Eleven stores in the country, underscoring the strength of its consumer traffic and sales potential.? This high-volume convenience and fuel component creates consistent daily traffic and provides a powerful anchor for the surrounding retail center.? Located approximately two miles from Interstate 11, the asset offers strong connectivity while serving an established residential customer base.? Significant new development surrounding the property is also positioned to further strengthen future retail demand.? Less than one mile south along North Pecos Road, a nearly $500 million, 95-acre mixed-use redevelopment of the former Desert Pines Golf Club is planned to introduce more than 1,500 new households to the immediate area.? Further west along Washington Avenue, Lennar is developing more than 1,000 additional homes within the eastern Downtown/Cashman area.? Together, these projects represent more than 2,500 new households entering the surrounding trade area, creating a substantial catalyst for future consumer spending, traffic growth, te

Market Context

This retail in Las Vegas, NV is listed for sale. It is offered at an approximate 6.8% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 1985. Compare it against other retail listings for sale in Las Vegas, NV — view the full market.

As of Q4 2025, the Las Vegas retail market showed average asking rents near $23.76/SF/yr. Source: multiple brokerage reports, Q4 2025.

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