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Browse More Listings in Shopping Center For Sale, Las Vegas, NV or Nevada

Shopping Center For Sale

Tropicana Marketplace

6120 - 6160 W. Tropicana Ave., Las Vegas, NV 89103

Price:
$11,945,000
Gross Leasable Area:
71,415 SF
Price/SF:
$167.26
Property Type:
Shopping Center
Property Sub-type:
Neighborhood Center
Property Use Type:
Investment
Cap Rate:
9.65%
Occupancy:
88%
Tenancy:
Multiple
Lot Size:
7.11 SF
Find Out More...

Last Verified 10/27/2009 Listing ID 16299461

Description

Tropicana Marketplace is a grocery anchored neighborhood shopping center that encompasses approximately 144,533 square feet of retail space in an established and affluent submarket of Las Vegas, NV. Anchored by a 73,118 square foot Smith' s grocer (not a part of the offering), the inclusive portion of the offering is comprised of 71,415 square feet of retail space. The property is prominently located adjacent to the intersection of W. Tropicana Ave. and S. Jones Blvd.

Tropicana Marketplace is located in an established community within Las Vegas. The property benefits from a large trade area with a population of more than than 133,127 residents and 334,829 residents within a three and five-mile radius, respectively.

Financial Summary

Actual
Net Operating Income
$1,181,700

Map of 6120 - 6160 W. Tropicana Ave., Las Vegas, NV 89103 (Clark County)

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Ramez Barsoum (949) 833-3380 Ext: 155

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Created 6/30/2009

Additional Information for 6120 W Tropicana Avenue, Las Vegas, NV 89103

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Shopping Center Property For Sale - Tropicana Marketplace

6120 - 6160 W. Tropicana Ave., Las Vegas, NV, 89103