Shopping Strip
Town Square
901 N Pecos Rd, Las Vegas, NV 89101
Listing Price: $5,767,623
Investment Overview
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, tenant sales, leasing demand, and long-term property appreciation.? With its hard-corner location, high-performing 7-Eleven and fuel component, dense existing population, and significant residential development underway nearby, the property offers investors a rare combination of durable in-place demand and identifiable future upside.?
Investment Highlights
- ?Nationally High-Performing 7-Eleven & Fuel Component: The offering includes a 7-Eleven with four fuel pumps located on the same parcel. According to Placer.ai, the store ranks among the top-performin
- ?Dense, Established Consumer Base: The property serves approximately 229,263 residents within three miles, while the surrounding one-mile trade area reports an average household income of approximatel
- ?Rare Combination of In-Place Stability & Embedded Rental Upside: The property offers investors stable in-place cash flow with meaningful upside potential, as current rents within the center are appro
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Listing Price: $5,767,623
Investment Highlights
- ?Nationally High-Performing 7-Eleven & Fuel Component: The offering includes a 7-Eleven with four fuel pumps located on the same parcel. According to Placer.ai, the store ranks among the top-performin
- ?Dense, Established Consumer Base: The property serves approximately 229,263 residents within three miles, while the surrounding one-mile trade area reports an average household income of approximatel
- ?Rare Combination of In-Place Stability & Embedded Rental Upside: The property offers investors stable in-place cash flow with meaningful upside potential, as current rents within the center are appro
Investment Overview
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, tenant sales, leasing demand, and long-term property appreciation.? With its hard-corner location, high-performing 7-Eleven and fuel component, dense existing population, and significant residential development underway nearby, the property offers investors a rare combination of durable in-place demand and identifiable future upside.?
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