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D.I. Plaza 1195 E Desert Inn Rd 4,468 SF 100% Leased Retail Building Las Vegas, NV 89109 $595,000 ($133.17/SF) 10.05% Cap Rate
Investment Highlights
- Total Building Size: ±4,468 SF with fully built-out ±2,400 SF quick-service restaurant
- Excellent visibility at signalized intersection
- Less than ±2.0 miles from the Las Vegas Strip
- Suitable for owner-user or investment opportunity with existing income from tenants
- Adjacent to Las Vegas Country Club
- Highly-trafficked Desert Inn & Maryland Parkway corridor
Executive Summary
1195 E. Desert Inn Road is a ±4,468 SF two-unit neighborhood retail strip center strategically positioned at the signalized intersection of Desert Inn Road and Maryland Parkway in Las Vegas, Nevada. The property is currently fully occupied, featuring an established restaurant tenant occupying the ±2,400 SF quick-service restaurant space and Fiesta Mart, a long-standing ±2,068 SF mini-market tenant.
The property offers exceptional street visibility, dedicated onsite parking, and strong accessibility along one of Las Vegas' major east-west corridors. This investment opportunity provides immediate income from an occupied retail asset in a highly infill location near the Las Vegas Strip and Las Vegas Country Club. Investors may benefit from the property's strategic location, stable tenancy, and potential for future rental growth in one of Las Vegas' most established commercial corridors.
The property offers exceptional street visibility, dedicated onsite parking, and strong accessibility along one of Las Vegas' major east-west corridors. This investment opportunity provides immediate income from an occupied retail asset in a highly infill location near the Las Vegas Strip and Las Vegas Country Club. Investors may benefit from the property's strategic location, stable tenancy, and potential for future rental growth in one of Las Vegas' most established commercial corridors.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Third Party Reports
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,468 SF
Building Class
C
Year Built/Renovated
1963/2021
Price
$595,000
Price Per SF
$133.17
Cap Rate
10.05%
NOI
$59,798
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
0.34 AC
Opportunity Zone
Yes
Zoning
C-2, Paradise
Parking
8 Spaces (1.79 Spaces per 1,000 SF Leased)
Frontage
99’ on Desert Inn
Amenities
- Bus Line
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Dexter's Twyce On Sundays Grll
- Accommodation and Food Services
- -
- -
- -
Disount mart serving the Las Vegas area.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Dexter's Twyce On Sundays Grll | Accommodation and Food Services | - | - | - | ||
| Fiesta Mart Convenience Store | Retailer | - | - | - |
Very walkable
80/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 162-15-503-002 | Improvements Assessment | $97,829 |
| Land Assessment | $72,569 | Total Assessment | $170,398 |
Property Taxes
Parcel Number
162-15-503-002
Land Assessment
$72,569
Improvements Assessment
$97,829
Total Assessment
$170,398
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D.I. Plaza | 1195 E Desert Inn Rd
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