Lake Mead Gateway Plaza 3 Retail Properties Offered at $9,960,000 in Henderson, NV

Adelphi Property Advisors is pleased to offer the opportunity to acquire the fee simple interest (land/building ownership) in Lake Mead Gateway Plaza (the ‘Property’), a rare 100% occupied shopping center anchored by Albertsons (Not a Part). The Property is located in Henderson, NV (Las Vegas MSA) and is situated at the hard corner of N. Boulder Hwy. and E. Lake Mead Pkwy. (over 62,000 VPD). The Property is located next to Cadence, which has been recognized as one of the top selling master planned communities in the nation.
Lake Mead Gateway Plaza contains several national and strong regional/local tenants, including H&R Block, Capriotti’s, Freeway Insurance, and Marco’s Pizza. A total of 82% of the Total Income has occupied the property since 2020, providing the Landlord a secure return over the years. All tenants are set up on NNN leases and 13 of the 14 Tenants have annual increases
Massive Growth Area: The Property is located adjacent to the Landwell Company’s 2,200 acres master planned community Cadence. Cadence is among the top 10 best selling master planned communities in the nation with over 6900+ homes sold in an estimated 2500+ homes remaining to sell