This Retail Property is Off-Market.

7430 Las Vegas Boulevard South
Las Vegas, NV 89123 ·

10,131 SF · Retail For Sale

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Las Vegas Outlet Center

Price N/A Commission Split 1.5%
Building Size 10,131 SF Cap Rate 6.30%
Property Type Retail Occupancy 100%
Property Sub-type Free Standing Bldg Tenancy Multiple
Property Use Type Net Lease Investment with 10+ years left on lease Lot Size 57,935 SF
Listing ID: 15836091 Date Created: 08/05/2008 Last Updated: 11/10/2008

Description

This freestanding retail investment property presents an investor with a unique opportunity to own a trophy investment property with 2007 pride-of-ownership construction. The property fronts the Las Vegas Outlet Center (a 477,000 square foot outlet mall) and offers an investor a very safe and stable income stream from three national credit tenants Dunkin' Donuts, Dickey' s BBQ Pit and Buffalo Wild Wings. The property features a full drive-thru the northern end-cap suite which will be utilized by Dunkin' Donuts to capture the heavy traffic of on-the-move customers which travel past the subject property. The Las Vegas Outlet Center generates 7.5 million customers per year.

Located at the signalized intersection of Warm Springs Road and Las Vegas Boulevard South (the southern portion of the famed Las Vegas Strip), just one block east of Interstate 15 and 1 block south of Interstate 215, Las Vegas Outlet Center is strategically positioned to provide a convenient, easily accessible shopping destination for area residents and employees, business travelers and tourists vacationing on the Las Vegas Strip. Further reinforcing this location' s unique nature and core fundamental soundness is the recent relocation and development of the McCarran Rent-A-Car Center, situated directly across Warm Springs Boulevard from the Las Vegas Outlet Center.

Research

7430 Las Vegas Boulevard South, Las Vegas, NV 89123 (Clark County)

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