This property is Off-Market

802 & 806 Buchanan Blvd
Boulder City, NV 89005 ·

26,192 SF · Retail For Sale

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Los Posados Shopping Center

Price N/A No. Stories 1
Gross Leasable Area 26,192 SF Tenancy Multiple
Property Type Retail Year Built 1982
Property Sub-type Neighborhood Center Lot Size 2.04 AC
Property Use Type Net Lease Investment with 5 years left on lease APN / Parcel ID 186-08-610-036
Cap Rate 8.81%
Listing ID: 18383163 Date Created: 10/02/2013 Last Updated: 03/13/2015

Description

Los Posados is a 26,192 square foot property, on 2.04 acres, located at 802 & 806 Buchanan Blvd., Boulder City, NV 89005. The property resides under the Clark County jurisdiction and is zoned C-2.
The project is comprised of a total of two buildings; One 4000 SF two tenant pad building, and a 22,291 story inline building. The property is located in a Vons Grocery and 99 Cent Only anchored retail center at the Main & Main intersection of Boulder City. It benefits from significant tourist traffic because it is situated on one of only two major arterials that access Lake Mead National Park and Arizona. During peak tourist days, foot and vehicle traffic can more than double.

Los Posados is a 26,192 square foot property, on 2.04 acres, located at 802 & 806 Buchanan Blvd., Boulder City, NV 89005. The property resides under the Clark County jurisdiction and is zoned C-2.
The project is comprised of a total of two buildings; One 4000 SF two tenant pad building, and a 22,291 story inline building. The property is located in a Vons Grocery 99 Cent Only anchored retail center at the Main & Main intersection of Boulder City. It benefits from significant tourist traffic because it is situated on one of only two major arterials that access Lake Mead National Park and Arizona. During peak tourist days, foot and vehicle traffic can more than double.

Highlights

  • Currently 89.46% occupied
  • Staggered lease expirations past 2021
  • Significant tourist traffic
  • Vons Grocery and 99 Cent Only anchor
  • Historically well occupied with seasoned tenants
  • Priced below replacement cost

Research

802 & 806 Buchanan Blvd, Boulder City, NV 89005 (Clark County)

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