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6401-6441-6461 N Durango Dr 14,374 SF 100% Leased Retail Building Las Vegas, NV 89149 $9,121,378 ($634.57/SF) 6% Cap Rate



Investment Highlights
- Stable income - ease of management
- Excellent retail location - strong demographics
- Perfect 1031 Exchange property; rare opportunity to own a Class "A" multi-tenant retail center
- Attractive rental increases; long term tenants in place
- Positioned just south of the I-215/Durango interchange; irreplaceable street visibility on N. Durango Drive
Executive Summary
This offering includes a 14,374 square foot class “A” Multi – Tenant Net Leased Retail Investment (The Shops at Town Center) with 100% occupancy located in Northwest Las Vegas. This property is perfectly positioned on the Northwest corner of West Centennial Parkway and North Durango Drive right off the I-215 Freeway. Majority of the tenants
have been in place since this center was constructed in 2008. Tenants include: Domino’s Pizza, Align Med, Dollar Loan Center, With Love Always, Dee’s Donuts, Angel Cleaners, Taxperts and Elements Salon.. This net leased investment is perfect for an investor looking for a stable income property with minimal management responsibilities.
have been in place since this center was constructed in 2008. Tenants include: Domino’s Pizza, Align Med, Dollar Loan Center, With Love Always, Dee’s Donuts, Angel Cleaners, Taxperts and Elements Salon.. This net leased investment is perfect for an investor looking for a stable income property with minimal management responsibilities.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Building Size
14,374 SF
Building Class
B
Year Built
2008
Price
$9,121,378
Price Per SF
$634.57
Cap Rate
6%
NOI
$547,283
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
1.97 AC
Zoning
TC
Amenities
- Pylon Sign
Nearby Major Retailers
1 of 13
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6401-6441-6461 N Durango Dr
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