3025 E Desert Inn Rd
Las Vegas, NV 89121
Desert Inn Pecos Center · Retail Property For Sale

Desert Inn Pecos Plaza located at 3025 East Desert Inn road Las Vegas Nevada 89121. The total square footage of the project is 48,172 sq sf and sits on 3.36 acres. The property is anchored by a 9,688 SF Family Dollar, a 7000 SF banquet hall Fiesta Max, and a 7184 SF Casye Furniture. Di Pecos Plaza is located in Clark county and is zoned General Commercial (C-2). Located at the signalized intersection East Desert Inn and South Pecos Mcloud interchange. The population in a three mile radius is over 230,975 people. Average household income for the area is in excess of $54,806. Traffic counts along Desert Inn and Pecos are on average of 72,000 vehicles per day. Desert Inn Pecos Plaza is well located, on a signalized intersection. The current tenant mix includes three national tenants includes; Family Dollar, Liberty Tax, and Express Check cashing. Currently 100% occupied, this center presents strong upside potential for an investor to create value and further stabilize the property over the next three to five years. The list price per square foot are well below replacement cost. This will allow the new owner to price the rollover spaces aggressively, driving up the net income. UNDERWRITING The property has Sixteen tenants occupying 48,472 SF or 100% of the center. There are no vacancies at this location. Desert Inn Pecos Plaza Executive Summary | 06 Gross monthly rent is projected to be $36,500.00 and an annual rent income of $438,000.00 for 2018. Cam charges are estimated at .32 per square foot per month or $3.84 per square foot per year. Total monthly cam amount collected is $12,848.56. Total annual collected cam amount is $154,182.72