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Decatur Plaza 5355 S Decatur Blvd 6,210 SF 100% Leased Retail Building Las Vegas, NV 89118 $2,700,000 ($434.78/SF) 6.04% Cap Rate



Investment Highlights
- Domino’s Pizza (NASDAQ: DPZ) has operated at this location for over 24 years
- Below Market Rents
- Centrally located near Allegiant Stadium and the Las Vegas Strip
- Long-Term Tenancy & Ease of Management
- Strategically Located With Excellent Access & Visibility
Executive Summary
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 26 years, since 2000. The property boasts exceptional tenant longevity, with Smog Busters in place since 2001, and Peacemakers Firearms since 2013. This proven history of long-term tenancy and organic growth reflects the 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).
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,210 SF
Building Class
C
Year Built/Renovated
1999/2001
Price
$2,700,000
Price Per SF
$434.78
Cap Rate
6.04%
NOI
$163,056
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Lot Size
0.39 AC
Zoning
CG - Commercial General
Frontage
131’ on S Decatur Blvd
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 163-25-710-009 | Improvements Assessment | $211,744 |
| Land Assessment | $125,894 | Total Assessment | $337,638 |
Property Taxes
Parcel Number
163-25-710-009
Land Assessment
$125,894
Improvements Assessment
$211,744
Total Assessment
$337,638
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Decatur Plaza | 5355 S Decatur Blvd
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