Retail Business for Sale in Las Vegas, NV
- Price: $2.9M
- Listing type: For sale
- Asset type: Retail Business
- Location: Las Vegas, NV 89121
Description
Property is being offered for lease or sale. See Lease listing for more info. Great opportunity to lease or purchase a 21,900 SF junior anchor space next door to Sprouts Farmers Market on the busy corner of Tropicana Ave. & Pecos Rd. The property benefits from its location within the larger Tropicana Centre, a ± 586,000 SF Walmart and Sam’s Club anchored power center. The subject property is not subject any surrounding exclusives or restrictions, allowing for complete flexibility in its future use. The property is surrounded by numerous national retailers including Ross, Dollar Tree, ACE Hardware, WSS Shoes, Rainbow, dd’s Discount, MattressFIRM and more. Notable restaurants in the immediate area include McDonalds, KFC, Burger King, WingStop, Subway and Domino’s.
Market Context
This retail in Las Vegas, NV is listed for sale at $2,927,500. It has been on the market for 21 days. Compare it against other retail listings for sale in Las Vegas, NV — <a href="/search/sale/retail/nevada/las-vegas">view the full market</a>.
As of Q1 2026, the Las Vegas retail market showed average asking rents near $32.55/SF/yr, rents up 5.8% year over year, and cap rates around 6.5%. Source: Consensus Q1 2026 market report.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Retail market FAQ
- What is the typical cap rate for retail in Las Vegas?
- About 6.5% as of Q1 2026, per Consensus.
Unified Estimate
Medium Confidence$22.66/SF – $30.66/SF
Mid: $26.66/SF
Rate-first confidence-weighted blend with cost-of-business adjustment.
Contact
- Mike Zobrist · 1702405-1755 · mike.zobrist@nmrk.com
- Mike Zobrist · 1702405-1755 · mike.zobrist@nmrk.com
- Lauren Tabeek · 1702405-1707 · lauren.tabeek@nmrk.com
- Scott Price · 1702405-1728 · scott.price@nmrk.com
Explore this market
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