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412 N Eastern Ave 2,666 SF Retail Building Las Vegas, NV 89101 $3,000,000 ($1,125.28/SF)

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INVESTMENT HIGHLIGHTS

  • +/- 0.93 AC combined parcel size.
  • Immediate access to US-95 / I-11 (+/- 154,000 CPD)
  • Existing MTM tenant provides interim income and flexibility for redevelopment.
  • +/- 2,666 SF existing building with drive-thru infrastructure.
  • Ideal for QSR, coffee, or fast-casual rebranding or redevelopment.

EXECUTIVE SUMMARY

LOGIC Commercial Real Estate is pleased to present for sale or lease this exceptional drive-thru restaurant opportunity located in the heart of Central Las Vegas. Situated on ±0.93 acres at the high-traffic corner of Eastern Avenue and US-95, this ±2,666 SF freestanding building is a former KFC and features existing drive-thru infrastructure, a pylon sign, and prominent frontage—ideal for a QSR, coffee, or fast-casual concept.
Positioned just minutes from Downtown Las Vegas and Fremont East, the property offers excellent visibility and immediate access to the I-11 / US-95 freeway, with combined traffic counts exceeding ±232,500 CPD. The location benefits from dense surrounding rooftops, multifamily developments, schools, government offices, and major retail centers—making it a highly attractive destination for operators looking to capture steady local and commuter traffic.
Currently occupied by a month-to-month tenant, the property offers immediate cash flow while maintaining flexibility for redevelopment. The site includes two contiguous parcels and can be combined to create a larger building footprint or accommodate enhanced drive-thru circulation. This added scalability presents a rare opportunity for redevelopment or long-term repositioning.
The immediate trade area is home to over 225,000 residents within three miles. Neighboring developments include high-density communities such as Showboat Park Apartments (344 units), Fremont9 (502 units), and Newport Lofts (168 units), alongside retail hubs like Bonanza Square and Vegas Plaza.
With direct access from two major intersections, prominent pylon signage, and a well-established footprint in a high-demand submarket, this site is perfectly positioned for an operator or investor seeking to establish or expand a presence in the Las Vegas QSR landscape.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,666 SF
Building Class
B
Year Built
1999
Price
$3,000,000
Price Per SF
$1,125.28
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.93 AC
Opportunity Zone
Yes
Zoning
C-1 - Property is zoned C-1 for Limited Commercial.
Parking
42 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
170’ on Cedar Ave

AMENITIES

  • Bus Line
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru
Walk Score®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Mariana's Supermarket
U.S. Bank
Starbucks
Cardenas
Smart & Final
Dotty's
Albertsons
Hard Times

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 139-36-210-014
  • 139-36-210-013
Land Assessment
$120,521
Improvements Assessment
$169,526
Total Assessment
$290,047
  • Listing ID: 35381129

  • Date on Market: 4/4/2025

  • Last Updated:

  • Address: 412 N Eastern Ave, Las Vegas, NV 89101

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