Tropicana/Nellis Retail Plaza

1/7

Retail

5020 & 5030 East Tropicana Avenue, Las Vegas, Nevada 89122

$3,750,000
Listing Price

7.38%
Cap Rate

$176.76
Price/Gross SF

Property Details

Property Video

Offering Price:

Gross Leasable Area:

# of Suites:

Lot Size:

Year Built:

$3,750,000

21,215 sqft

17

1.64 Acres

1988

Highlights

  • Bread & butter retail strip center within a strong retail corridor on the major East Las Vegas intersection of Tropicana Avenue at Nellis Boulevard, surrounded by a variety of national chain retailers and a density of apartment dwellings

  • Strong Historical Occupancy

  • Excellent opportunity for an investor to capitalize upon existing tenant base and grow rents with existing tenants who are currently enjoying below market rates.

  • High Traffic Counts

  • New Developments In Surrounding Area

  • Recent Upgrades

  • Low rental rates combined with low building expenses enables tenants to achieve maximum health and profitablity.

Tel: 702-215-7125 | Cell: 702-250-3392

Marcus and Millichap Bare Retail Group White Logo
VISION

Our mission is to help our clients create and preserve wealth by providing the best real estate investment sales, financing, research and advisory services available.

VISIT US

3800 Howard Hughes Pkwy

Suite 1550

Las Vegas, NV 89169

  • Facebook Social Icon
  • Twitter Social Icon
  • Google+ Social Icon

Copyright © 2018-2020 Candace Bare. All Rights Reserved. Specializing in Multi-Tenant & NNN Retail.

Marcus and Millichap La Vegas Commercial Real Estate Investment Services.

OUR SERVICES

- Real Estate Investment

- Property Financing

- Research

- Advisory