Pahrump Valley Junction
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Pahrump Valley Junction
3 Retail Properties Offered at $9,567,500 in Pahrump, NV
Investment Highlights
- Immediate Leasing Upside with 10% vacancy
Executive Summary
ParaSell, Inc. as an exclusive advisor, is pleased to present the opportunity to acquire shop space retail at Pahrump Valley Junction, a top performing Grocery & Drug anchored center located in the primary retail hub of Pahrump, NV. The property serves as a transit-oriented hub along the southern tip of Nevada. The property is situated along Highway 160 which is not only the primary retail corridor through Pahrump, but also the preferred traffic route to Las Vegas (26,000 ADT).
The property is dual anchored by Albertsons (NAP) and CVS (NAP). Acting as the market leader in terms of retail tenancy, the property features a line up of credit Tenants such as: Quest Diagnostics, UPS, Advance America Cash Advance, Denny’s, Domino’s, Verizon, H&R Block and Dotty’s. Due to the project’s numerous amenities and its unique location along Highway 160, the shopping center sees over 2,000,000 visitors annually. While Pahrump Valley Junction is one of a kind in offering a variety of retail services, it is in close proximity to Home Depot and shares an easement with the freestanding Walmart location to the south.
The property is dual anchored by Albertsons (NAP) and CVS (NAP). Acting as the market leader in terms of retail tenancy, the property features a line up of credit Tenants such as: Quest Diagnostics, UPS, Advance America Cash Advance, Denny’s, Domino’s, Verizon, H&R Block and Dotty’s. Due to the project’s numerous amenities and its unique location along Highway 160, the shopping center sees over 2,000,000 visitors annually. While Pahrump Valley Junction is one of a kind in offering a variety of retail services, it is in close proximity to Home Depot and shares an easement with the freestanding Walmart location to the south.
Property Facts
| Price | $9,567,500 | Number of Properties | 3 |
| Price / SF | $240.62 / SF | Individually For Sale | 0 |
| Cap Rate | 7.25% | Total Building Size | 39,762 SF |
| Sale Type | Investment | Total Land Area | 3.02 AC |
| Status | Active |
| Price | $9,567,500 |
| Price / SF | $240.62 / SF |
| Cap Rate | 7.25% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 39,762 SF |
| Total Land Area | 3.02 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Denny's/Domino's Pizza
240 S Highway 160, Pahrump, NV 89048 |
Retail | 6,000 SF | 1998 | - |
|
The UPS Store & Shops
150 S Highway 160, Pahrump, NV 89048 |
Retail | 19,511 SF | 1998 | - |
|
Verizon & Shops
250 S Highway 160, Pahrump, NV 89048 |
Retail | 14,251 SF | 2003 | - |
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Pahrump Valley Junction
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