Decatur Plaza 5355 S Decatur Blvd 6,210 SF 59% Leased Retail Building Las Vegas, NV 89118 $2,307,000 ($371.50/SF) 6% Cap Rate

Decatur Plaza is a ±6,210 SF multi-tenant Domino’s Pizza (NASDAQ: DPZ) anchored retail center located in the heart of the rapidly growing Southwest submarket of Las Vegas. Fully leased and positioned along Decatur Boulevard—a major arterial with over 40,500 cars per day — this property offers strong visibility and access in one of the most desirable submarkets in the Las Vegas MSA.
Decatur Plaza is 100% occupied by a stable, service-oriented tenant lineup led by Domino’s Pizza (NASDAQ: DPZ), a publicly traded national credit tenant that has operated at this location for over 24 years, since 2000. The property boasts exceptional tenant longevity, with Smog Busters in place since 2001, Peacemakers Firearms since 2013, and Odd Smoke Shop expanding its footprint in 2020. This proven history of long-term tenancy and organic growth reflects the enduring strength and demand within the trade area. All tenants are internet-resistant and provide daily-needs services, positioning the asset for long-term durability. Rents are currently below market, offering investors a clear path to upside through mark-to-market leasing. The center benefits from strategic proximity to high-traffic co-tenants including Home Depot, EOS Fitness, and International Marketplace, as well as major hospitality drivers such as The Orleans (1,886 rooms), Otonomus Hotel (303 rooms), and Hilton Grand Vacation Club (148 rooms).
The property’s central location places it just one mile from Allegiant Stadium, the Las Vegas Strip, and is in close proximity to both the I-15 Freeway (±153,000 VPD) and CC 215 Beltway (±119,000 VPD), enhancing its regional connectivity and long-term demand. Positioned within a dense, infill trade area and surrounded by continued commercial and residential growth, the property benefits from ±370,501 residents with an average annual household income of $95,180 within a 5-mile radius.