2400 N Buffalo Dr
Las Vegas, NV 89128
Tech Retail Center 1 · Retail Property For Sale

Sierra Gold Anchored 97% Occupied 7-Tenant Center SRS National Net Lease Group is pleased to present the rare opportunity to acquire a Sierra Gold anchored neighborhood shopping center located in Las Vegas, NV. Built in 2005, the property is comprised of 14,296 square feet of leasable area. The center is 97% occupied with tenants that include Sierra Gold (NASDAQ: GDEN) (57% of center' s total income), Hair Color Xperts, Babystacks, TitleMax Title Loans, Candy Nails Spa, and Deana Khoshaba Studio. All tenants are under NNN leases, limiting any expense leakage for a new investor. The subject property is located at the signalized, hard corner intersection of W. Smoke Ranch Road and N. Buffalo Drive with over 32,800 vehicles passing by each day. The property is also in close proximity to Interstate 95, a major highway through the city of Las Vegas (147,000 vehicles per day). The center is within a dense retail corridor, with nearby national/credit tenants that include Walmart, Walgreens, CVS Pharmacy, Best Buy, Albertsons, Ross Dress for Less, and more, which further increases consumer draw to the subject trade area. The subject property is also located at the gateway to Summerlin, a 22,500 acre affluent master planned community with numerous hotels, shopping centers, and an average household income of more than $139,000. The 5-mile trade area is supported by a dense population of over 405,000 with an average household income of $70,000.