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7686 Las Vegas Blvd S
Las Vegas, NV 89123

$1,200,000 USD

Fast Food Condo For Sale  •  1,370 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 1,370 SF
  • Lot Size 5.14 AC
  • Year Built 2018
  • Tenancy Single
  • Zoning CT
0 Transit Score
50 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 130 Retail 1,370 SF $1,200,000 USD
  • Unit Size: 1,370 SF
  • Condo Use: Retail
  • Price: $1,200,000 USD
  • Sale Type: Investment
  • Price/SF: $875.91 USD
Description
Newly constructed, single tenant net lease retail condo, with a 5 year NNN lease, in a newly built retail center that consists of a total rentable area of +/-14,447 SF with a total of seven (7) tenants. There is also a 131 unit hotel on the same +/- 4.75 acre lot on South Las Vegas Blvd . This retail condo is located in what is considered a strong retail corridor adjacent to the Las Vegas South Premium Outlets, minutes away from Town Square, the Strip, Raiders Stadium and Harry Reid International Airport. Additionally, it is easily accessed from either the I-15 or the I-215.

Sale Notes
Prime investment opportunity. The tenant is currently in the 3rd year of a 5 year lease. The next rent escaltion is scheduled to occur in Auguest 2025 with 3% annually thereafter.  Additinally, the tenant has one (1) five-year renewal option available.

Highlights

Strategically Positioned in high-profile retail trade area on Las Vegas Blvd.
The building was constructed in 2018, and the tenant improvements were completed in 2022.
Absoulted NNN. Zero landlord responsibility.
A 5+5 year lease term with 3% annual increase.
Strong co-tenacy of hotels, retail stores, and restaurant services. It is outparceled to Las Vegas Premium South Outlets.
Just minutes from Town Square, the Strip, Raiders Stadium, and Harry Reid International Airport.

Amenities

  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Harry Reid International 8 min - 4.2 mi
Boulder City Municipal 33 min - 22.6 mi
Sylvia B. Tie 312-217-9337 Silver Star Investment Group LLC
Sylvia B. Tie 312-217-9337 Silver Star Investment Group LLC