802 & 806 Buchanan Blvd, Boulder City, NV, 89005 - Available for Sale

Retail For Sale

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Los Posados Shopping Center

802 & 806 Buchanan Blvd, Boulder City, NV 89005

$3,600,000

26,192 SF | Retail

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Retail Property For Sale

Price:
$3,600,000
Gross Leasable Area:
26,192 SF
Price/SF:
$137.45
Property Type:
Retail
Property Sub-type:
Neighborhood Center
Property Use Type:
Net Lease Investment with
5 years left on lease
Cap Rate:
8.81%
No. Stories:
1
Tenancy:
Multiple
Year Built:
1982
Lot Size:
2.04 AC
APN / Parcel ID:
186-08-610-036
Listing ID
18383163
Last Updated
16 days ago

Find Out More...

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

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.

Major Tenant Information

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

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Asking Price Index Trends for Boulder City, NV Retail For Sale

  Sep 14 vs. 3 mo.
prior
Y-O-Y
-
State
$179+0.6%-2.8%
-
Metro
$203-0.8%+1.2%
-
County
$203-0.8%+1.2%

View Boulder City Market Trends for other property types for sale or lease. Learn more about the chart info.

Los Posados Shopping Center
  • Retail
  • $3,600,000
  • 26,192 SF