Investment Overview
A fully stabilized, 100% occupied asset offered at an 8.00% cap rate. 1541 E Basin Ave. delivers immediate inplace cash flow under NNN lease structures. Built-in rent growth comes from contractual escalations across the three largest tenants, which occupy 75% of the GLA. Smaller suites leased below market offer mark-to-market upside at renewal, and ±0.25 acres of excess land adds a further path to value. The location is high-visibility and surrounded by government, retail, and daily-needs traffic drivers that support durable tenant demand.
Investment Highlights
- 10,000 SF building
- Prime location in Pahrump
- Ample display area
- Strategic layout for foot traffic
- Attractive storefront
- High visibility