21 Frontage RdPahrump, NV 89048

For Sale
$699,000

High-yield retail land, 864 sq ft, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional redevelopment opportunity presents a 0.33-acre lot in Pahrump, Nevada, ideally suited for a variety of commercial ventures. The existing 864-square-foot retail building, constructed in 1990, sits on a commercially zoned parcel at 21 S Frontage Rd, 89048, and boasts 100% occupancy under a triple-net (NNN) lease. The property offers a compelling 1.00% capitalization rate and is currently priced at $699,000. Its prime location and existing structure make it an attractive investment for those seeking a high-yield, single-tenancy retail asset with significant redevelopment potential. The property's size and zoning provide flexibility for various commercial uses, making it an ideal platform for expansion or repositioning within the thriving Pahrump market. This is a rare chance to acquire a well-located, income-producing property with substantial upside potential in a growing Nevada community. The property's current configuration and strong occupancy rate provide immediate cash flow, while the redevelopment potential allows for long-term value appreciation. Serious inquiries are encouraged.

Highlights

  • 0.33-acre lot in Pahrump, NV, ideal for commercial redevelopment.
  • 864 sq ft retail building on a commercially zoned parcel at 21 S Frontage Rd, 89048, built in 1990.
  • 100% occupancy under a triple-net (NNN) lease.
  • $699,000 asking price with a 1.00% capitalization rate.
  • High-yield, single-tenancy retail asset with redevelopment potential.

Property Details for 21 Frontage Rd

Property type
Other retail properties, Other land
Square Feet
864 SF
Year Built
1990
Lot Size (sq. ft)
14,375 SF

Location Insight

City
Pahrump
County
Nye
State
Nevada
Latitude
36.2193039
Longitude
-115.9932095
21 Frontage Rd, Pahrump, Nevada

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
21 Frontage Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message