VEGAS VALLEY PLAZA 4 Retail Properties Offered at $11,923,000 in Las Vegas, NV

Colliers Las Vegas is pleased to present the opportunity to acquire the Vegas Valley Plaza, a premier 49,139 square foot Albertson’s, CVS, El Pollo Loco, R Burgers shadow anchored grocery center situated in a well-established mature neighborhood of Sunrise Manor, Clark County, Las Vegas, Nevada.
Strategically located at the northwest corner of S. Nellis Boulevard and Vegas Valley Drive, approximately one and one-half miles east of the I-95 Freeway and one and one-half miles north of Boulder Highway.
Located at the signalized intersection, the Vegas Valley Plaza is joined by several other national retailers along Nellis Boulevard in the immediate trade area including Smith’s Food & Drug, Walgreens, Auto Zone, Bank of America, Planet Fitness, DD’s Discounts, Dollar General, 7-Eleven, Arco-Rebel, McDonald’s Chevron, Popeye’s, Dutch Bros., Burger King, Starbucks, Taco Bell, Jack in the Box, Carl’s Jr., as well as the United States Post Office that serves the trade area.
* Institutional quality shadow anchored Albertson’s CVS neighborhood center.
* Grocery and drug store anchored asset providing a tenant mix for everyday necessities.
* The sale of everyday necessities reduces risk and creates a steady flow of traffic to the retailers.
* Additional value-add opportunity.
* Stable asset with 97.42% occupancy.
* Excellent frontage on S. Nellis Boulevard, over 925’.
* The subject property offers three curb cuts on S. Nellis Boulevard and three curb cuts on Vegas Valley Drive.  There is left turn access into the property from both streets.
* Located approximately one and one-half miles east of the I-95 Freeway and one and one-half miles north of Boulder Highway.
* Two prominent oversized pylon signs.
* Abundant parking, circulation, and visibility.