7460 W Cheyenne Ave, Las Vegas, NV 89129

Outparcel Pad to Daily Needs Community Center – Shops at Cheyenne Fountains sits as a corner outparcel pad to the ±55,225 SF community center Cheyenne Fountains, providing daily needs and services with tenants such as Chevron, Capriotti’s, State Farm Insurance, Las Pupasas Market, Nifty after Fifty Wellness, All State, Santos Barbershop and others

Zoning Restrictions & Licensing Rules - Rapid Cash – Las Vegas zoning and licensing rules effectively freeze many check-cashing / payday loan locations in place. Once an operation closes or moves, reestablishing it elsewhere is often impossible. Check-cashing and payday loan businesses are regulated as Non-Depository Lenders under City licensing rules and are not allowed “by right” in most commercial zoning districts.

Established Tenant History & Stability – Both tenants at the property operate under NNN leases, with Rapid Cash Payday Loans having operated from the site since January of 2007, demonstrating its loyalty to the property and recently extended their lease for an additional 5-years underscoring the opportunity’s stability and long-term investment appeal

Optimal Pad Location – Cheyenne Fountains is situated on W. Cheyenne Avenue on the signalized corner of N. Buffalo Drive putting the site along the daily commute of over 60,000 drivers and making it easily accessible to the surrounding 3-mile daytime population of over 140,300

Near Upside Potential and Strong Income Growth – Upon stabilization through pre-negotiated rent increases or rolling rents to market, the NOI is projected to increase by more than ±11% by Year 5 and over ±32% during the anticipated 10-year hold period