Shopping Strip
Trocos Plaza
3350 E Tropicana Ave, Las Vegas, NV 89121
Listing Price: $4,400,000
Investment Overview
Inflation-Resistant Income Structure: All tenant leases incorporate 3% annual rent escalations with no renewal options, providing predictable income growth and granting ownership greater control over future leasing strategies.
Trocos Plaza
Investment Highlights
- Below Replacement Cost Pricing: Offered at $226 per square foot, Trocos Plaza is attractively priced below the estimated replacement cost of $243 to $285 per SF
- Tenant Mix with National Anchors: Anchored by Eye Glass World, a national tenant since 2002 that recently committed to a new 10-year lease extension, ensuring long-term stability.
- Significant Rental Upside: Current average rents at the property are $1.26 per square foot, approximately 28% below the market average of $1.75 per square foot.
Exclusively Listed By
Listing Price: $4,400,000
Investment Highlights
- Below Replacement Cost Pricing: Offered at $226 per square foot, Trocos Plaza is attractively priced below the estimated replacement cost of $243 to $285 per SF
- Tenant Mix with National Anchors: Anchored by Eye Glass World, a national tenant since 2002 that recently committed to a new 10-year lease extension, ensuring long-term stability.
- Significant Rental Upside: Current average rents at the property are $1.26 per square foot, approximately 28% below the market average of $1.75 per square foot.
Investment Overview
Inflation-Resistant Income Structure: All tenant leases incorporate 3% annual rent escalations with no renewal options, providing predictable income growth and granting ownership greater control over future leasing strategies.
Exclusively Listed By
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