1541 East Basin Avenue

SVN | The Equity Group is pleased to present 1541 E Basin Ave., a 100% leased retail and professional office center in Pahrump, Nevada. Built in 2007, the property totals approximately 10,000 square feet across two buildings on ±1.12 acres. It sits in Pahrump’s civic and retail core, directly adjacent to the Ian Deutch Government Complex, the Nevada DMV, and The Home Depot, and minutes from Highway 160 (±25,000 VPD) and the McCullough Rodeo Arena. The center is fully occupied by a diversified five-tenant roster spanning retail, service, and professional office uses: The Grove Dispensary, Landmark Title Assurance Agency, Tiles for Miles, Social Suicide Tattoos, and D’Lux. The Grove has been a tenant since 2014, and new leases with Landmark Title and Tiles for Miles add to that base. Together they provide stable in-place income with NNN expense recovery and contractual rent escalations. An additional ±0.25 acres of excess land offers future expansion or pad potential.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.