Centennial Plaza

150 E. Centennial Pkwy., North Las Vegas, NV 89084

— For Sale —

List Price$10.22MM

Size +/- 27,299 SF

Cap Rate 5.4%

Property Information

LOGIC Commercial Real Estate is pleased to exclusively offer for sale Centennial Plaza, a +/- 27,299 SF multi-tenant neighborhood retail center built in 2005 within a high growth submarket of North Las Vegas, NV. The property is delivered at 100% occupancy and features below market rents and attractive restricted use entitlements for gaming/tavern (Buffalo Wild Wings – NASDAQ: BWLD), medical/recreational marijuana dispensary (Tree of Life) and firearm sales (New Frontier). Centennial Plaza benefits from easy access and frontage along E. Centennial Pkwy. near N. 5th St., with combined traffic counts in excess of +/- 24,050 CPD, and is strategically located approximately 1-mile south of the CC 215 (+/- 31,000 CPD). The property services a dense population of +/- 267,406 residents living within a 5-mile radius with average household incomes of +/- $80,877. The Centennial Pkwy. corridor is a high growth trade area with additional infill of +/- 13,000 nearby homes planned or under construction.

Contact

Shareholder

Adam Malan

Partner
Las Vegas
License S.0063542.LLC
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O 702.954.4105
C 702.449.1180
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Brokerage

Deana Marcello

Executive Vice President
Las Vegas
License S.0174174
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O 702.954.4104
C 702.375.1022
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